GE Reports ‘Steady Progress,’ CFO Departure
CEO Larry Culp hails Jamie Miller's "many contributions to GE’s significant transformation" but says it was time for a CFO change.
GE Shares Rise on Hopes for Rebound in 2020
The company expects its turnaround strategy to yield "significantly better" performance after a "reset" year in 2019.
GE Stock Surges on News of Biopharma Sale
The $21 billion sale to Danaher is a "pivotal milestone" in GE's plan to reduce debt and strengthen its balance sheet, CEO Larry Culp says.
GE Scales Back Plans for New HQ in Boston
The downsizing from a 12-story tower to two renovated warehouses marks another retreat from the ambitions of former CEO Jeff Immelt.
GE Posts $22B Loss as Legal Problems Mount
The company's new CEO says an overhaul of the struggling power business is among his immediate priorities.