General Electric withdraws from Nigeria rail concession, Reuters says
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General Electric pulls out of Nigeria rail concession
General Electric Co has pulled out of a long-term concession deal with the Nigerian government to maintain and operate narrow-gauge rail lines in the West African country, a procurement process adviser told Reuters on Wednesday......»»
Exclusive: GE nears deal to merge transportation unit with Wabtec - sources
(Reuters) - General Electric Co is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp , a U.S. maker of equipment for the rail industry, two people familiar with the matter said on Sunday......»»
GE to merge transportation unit with Wabtec in $11.1 billion deal
(Reuters) - General Electric Co announced a $11.1 billion deal on Monday to merge its transportation business with U.S. rail equipment manufacturer Wabtec Corp , with GE and its shareholders owning just over half of the combined business......»»
General Motors to produce electric cars in Mexico starting in 2023, Reuters says
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General Electric sees negative cash flow in Q1, Reuters reports
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COVID-19 lockdowns threatening General Electric profits, Reuters reports
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General Electric withdraws FY20 guidance due to COVID-19
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The coronavirus outbreak has already triggered mass layoffs and furloughs. From General Electric to Macy"s, here are 14 major companies that have announced they are downsizing their workforces.
Andrew Kelly/Reuters The spread of .....»»
The coronavirus outbreak has already triggered mass layoffs and furloughs. From Cirque du Soleil to General Electric, here are 11 major companies that have announced they are downsizing their workforces.
Andrew Kelly/Reuters The spread of .....»»
Lordstown Motors pursuing $200 million U.S. retooling loan, will show EV truck at Detroit show: CEO
Electric pickup truck start-up Lordstown Motors is pursuing a $200 million loan from a U.S. Energy Department program to retool a former General Motors factory in northeast Ohio, Chief Executive Steve Burns told Reuters......»»
GM"s battery partnership with LG Chem will have 2 major benefits as the company begins the transition to electric vehicles (GM, KRW)
Ruben Sprich/Reuters On Thursday, General Motors and LG Chem announced that they will sp.....»»
Exclusive: GM, LG Chem to announce EV battery joint venture in Ohio - sources
General Motors and South Korea's LG Chem are set to announce on Thursday a 50:50 joint venture in Ohio to make electric vehicle batteries, sources familiar with the matter told Reuters......»»
General Electric surges 14% on strong earnings and increased cash forecast (GE)
Brendan McDermid/Reuters General Electric reported third-quarter earnings Wednesday that beat expectatio.....»»
General Electric"s pension freeze was long expected and has some "silver linings," Bank of America says (GE)
Vincent Kessler/Reuters Genera.....»»
General Electric to demolish CA power plant 20 years early, Reuters reports
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General Electric to cut another 450 jobs in Switzerland, Reuters says
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Exclusive: FBI targets Johnson & Johnson, Siemens, GE, Philips in Brazil graft case - sources
The FBI is investigating corporate giants Johnson & Johnson, Siemens, General Electric and Philips for allegedly paying kickbacks as part of a scheme involving medical equipment sales in Brazil, two Brazilian investigators have told Reuters......»»
General Electric workers, shareholders protest at annual meeting
IMPERIAL, Pennsylvania (Reuters) - General Electric CO employees and sha.....»»
Analyst: Wabtech A Buy On Potential GE Synergies
Westinghouse Air Brake Technologies Corp (NYSE: WAB) spiked as much as 7.7 percent Friday on news of talks to acquire General Electric Company (NYSE: GE)’s rail business. One analyst anticipates additional 13-percent upside. Latest .....»»
GE profit tops estimates as cost-cutting kicks in
(Reuters) - General Electric Co posted quarterly results that topped expectations on Friday, as earnings from aviation, healthcare and transportation offset weak power and oil-and-gas profits, sending shares sharply higher......»»