general electric

Fed official owned shares of bailed out firms

Economic news - CNNMoney.com  Tue, 01/31/2012 - 18:02

As he helped orchestrate the Wall Street bailouts, William Dudley -- now president of the New York Fed -- owned more than $100,000 stock in AIG and General Electric, two firms that received government assistance.


 

Immelt: Businesses need to do more on jobs

Economic news - CNNMoney.com  Mon, 07/11/2011 - 14:34

The head of General Electric told a jobs summit at the U.S. Chamber of Commerce Monday that businesses needed to take the lead on job creation.


 

GE chief defends company's zero tax bill

Economic news - CNNMoney.com  Thu, 03/31/2011 - 12:39

The chief of General Electric on Thursday defended the conglomerate's zero tax rate in 2010, and called for reform of the U.S. tax code.


 

Why your tax bill is higher than GE's

MSN Money Finance Tips  Mon, 04/12/2010 - 13:00

How can it be that you owe more to Uncle Sam than General Electric does? See which major corporations get tax rates that are below yours.


 

GE settles fraud suit for $50 million

Marketplace  Tue, 08/04/2009 - 12:10

General Electric is paying the SEC $50 million to settle a fraud suit alleging that GE reported false accounting numbers seven years ago.

Amy Scott reports on why the investigation took so long.


 

GE offers a peek into its finance unit

Marketplace  Wed, 03/18/2009 - 11:12

To quell speculation and build investor confidence, General Electric is holding a meeting in New York to offer a peek into its finance unit.

Ashley Milne-Tyte reports.


 

Does loss of Triple-A rating matter?

Marketplace  Fri, 03/13/2009 - 11:02

Now that General Electric and Berkshire Hathaway have lost their Triple-A credit ratings, only five U.S. companies are left with that status.

With fewer companies standing at the top, what does losing an A really mean? Jeremy Hobson reports.


 

Investors worry about GE's outlook

Marketplace  Thu, 03/05/2009 - 11:56

General Electric's stock recently dropped to a nearly two-decade low. Some analysts say investors are worried about GE's financial division.

Why? Bob Moon reports.


 

Amid losses, GE still paying dividends

Marketplace  Fri, 01/23/2009 - 11:37

General Electric is reporting a 44 percent drop in quarterly profit. Despite this, the technology conglomerate is still paying dividends to investors.

Alisa Roth reports.


 

Amid losses, GE still paying dividends

Marketplace  Fri, 01/23/2009 - 11:37

General Electric is reporting a 44% drop in quarterly profit. Despite this, the technology conglomerate is still paying dividends to investors.

Why? Alisa Roth reports.