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General electric News

Amount hoarded overseas by U.S. companies hits new record in 2015

The recent fight among Apple, Ireland, and the European Union has once again shined a spotlight on the growing trend of US companies storing cash overseas to avoid taxes.

Ethernet switches used in nuclear plants vulnerable to hacking

The world’s most important factories and facilities, including power plants, are vulnerable to devastating cyberattacks. Fixes have been found, but it can take up to three years to patch a problem.

Why big business is getting cold feet with big appliances

Big business seems to be getting cold feet with refrigerators and other large domestic appliances. Nobody, it would seem, is that keen to sell us fridges, cookers and other white goods any longer.

Robot band Compressorhead to perform live in New York City

New York - In New York City on November 12, as an extension of its corporate messaging on innovation, General Electric will present a live concert by Compressorhead - a rock and roll band composed entirely of robots.

GE recalls 1.3 million dishwashers due to fire hazard

Louisville - General Electric, in cooperation with the U.S. Consumer Product Safety Commission (CPSC), announced a massive recall on dishwashers today.

Op-Ed: Wall Street as real organized crime? US cities scams hit the fan

Sydney - Wall Street is the epitome of the corruption, insanity and anti-democratic forces at work in the USA. It breaks laws like corn flakes and gets protection from its spineless political pets while bankrupting cities and counties.

Op-Ed: GE charging stations, does your town have one? Special

Fairfield - The future of cars is here. A General Electric (GE) Charging Station has been added to a parking lot in Downtown Fairfield.

Op-Ed: The American GOP: Spoon-feeding the rich, bankrupting the nation

The GOP has executed the largest transfer of wealth in U.S. history. Due to unfair tax schemes and an obsession for selling out to corporations while hobbling the middle class, the U.S. has record numbers of billionaires and people living in poverty.

GE avoids paying federal taxes despite $14 billion in profits

While Congress is grappling with broad budgetary issues, General Electric managed to avoid paying any federal taxes even though the company made $14 billion in global profits.

GE's Immelt: America employing 'stupid' energy policy

At a conference on energy in Washington DC, General Electric's CEO Jeff Immelt blasted what he sees as 'stupid' U.S. policies on future energy usage and consumption.

Sen. Brown Fights for Billions on Project Pentagon Doesn’t Want

It didn’t take long for newly-elected U.S. Sen. Scott Brown (R-Mass.) to show his campaign promises are just as good as everyone else’s.

Comcast in Talks to Acquire Majority Stake in NBC

Comcast, the largest cable television network in the U.S., is reportedly in talks to acquire a majority stake in NBC Universal, the media and entertainment company whose majority shareholder at present is General Electric.

American Airlines' Parent Raises $2.9 Billion

AMR Corporation, parent of American Airlines, announced today that it has raised $2.9 billion in funds, chiefly through deals with Citigroup Inc. and General Electric.

India and U.S. Agree on Defence Pact

The Indian government has established a defence agreement with the United States. In this agreement, India will be using U.S. companies to upgrade their weapons system and develop nuclear power plants.

General Electric putting 100 DVDs on a disc

General Electric has announced a breakthrough in digital storage technology that will allow standard-size discs to hold the equivalent of 100 DVDs.

GE's OLED: The light bulb of the future isn't a light bulb at all?

New organic LED (OLED) technology will make home lamps, office lamps, bedside lamps, and wall lamps things of the past. The light bulb of the future isn't even a light bulb at all. It's a sheet.

GE Shocks Wall Street

If any company reflects the economy of the United States it's General Electric. That being the case look out consumers, GE took a shocking fall the first quarter of the year.

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