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General Electric

Nuclear deal has firms eyeing Iranian opportunities

DUBAI, United Arab Emirates — The nuclear deal is done. Now it’s time to talk business.While it will likely be months before sanctions on Iran ease, business and political leaders are wasting no time in trying to tap into a large and what they hope will be a lucrative Iranian market.

Date: 07/19/2015 | Business Wire


GE to move jobs overseas if Ex-Im Bank ends

WASHINGTON — General Electric Co. Chief Executive Officer Jeffrey Immelt threatened to move U.S. jobs overseas if Congress doesn’t reauthorize the Export-Import Bank’s charter, which expires at the end of June.

Date: 06/18/2015 | Business Wire


New ceramic a big boost for jet engines

NISKAYUNA, N.Y. — For nearly three decades Krishan Luthra stubbornly labored away in a General Electric research lab on a long-shot effort to cook up a new type of ceramic that few consumers will ever see or use.Now this obscure material, which is lightweight, strong...

Date: 05/16/2015 | Business Wire


Delta orders 50 Airbus jets, bypassing Boeing

ATLANTA — Delta Air Lines Inc. said Thursday it would acquire 50 new planes from Europe's Airbus to replace older Boeing Co. jets.

Date: 11/19/2014 | Business Wire


GE profit rises on oil, aviation strength

NEW YORK — General Electric’s third quarter profit rose 11 percent on strong performance from its aviation and oil and gas divisions.

Date: 10/18/2014 | Business Wire


House weighs short-term Export-Import Bank plan

WASHINGTON — House Republican leaders are considering a short-term extension of the 80-year-old U.S. Export-Import Bank that is set to expire this month, a party aide said.

Date: 09/03/2014 | Business


GE in talks to sell appliance division

NEW YORK — General Electric confirmed that it is considering the sale of its historic appliance division, part of its effort to focus on selling more complex and profitable industrial equipment.

Date: 08/15/2014 | Business




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