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General Electric says it could burn up to $2 billion of cash this year (GE) | Markets Insider

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– General Electric released its 2019 outlook on Thursday morning, and indicated that it still has a difficult road ahead. ‘GE’s challenges in 20… General Electric released its 2019 outlook on Thursday morning, and it has indicated it still has a difficult road ahead.”GE’s challenges in 2019 are complex but clear,” GE’s chairman and CEO, Larry Culp, said in a press release. “We are facing them head-on a..Read more»

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GE will spin off its healthcare business and split from oil giant Baker Hughes in a massive reorganization

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– General Electric will spin off its healthcare business and divest its stake in oil-services company Baker Hughes. The moves come as part of...

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General Electric’s digital business is selling a majority stake in ServiceMax

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– General Electric has agreed to sell a majority stake in ServiceMax, a cloud-based provider of software, to the private-equity firm Silver Lake. General...

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GE power CEO reveals problem with new turbine model, shares drop

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– GE power CEO reveals problem with new turbine model, shares drop – Business Insider Menu Icon BI ACCOUNTSEditionA vertical stack of three evenly...

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