General Electric Company

General Electric Co has agreed to pay a $200 million penalty to settle charges for misleading investors over how it was generating earnings in its power and insurance businesses, the U.S. Securities and Exchange Commission said on Wednesday.

General Electric Co said on Tuesday it pre-funded pension plans and repaid some amount of an intercompany loan, actions that will help the industrial conglomerate cut its debt by about $14.5 billion this year.

Vineyard Wind, which is developing the first major U.S. offshore wind farm, has temporarily withdrawn the project from the federal permitting process so the company can incorporate turbines from a new supplier, General Electric Co, in its design.

Vineyard Wind selected General Electric Co as its preferred wind turbine supplier for the Vineyard Wind 1 project off the coast of Martha's Vineyard in Massachusetts.

General Electric Co on Tuesday warned of more job cuts at its aviation unit, citing a lengthy recovery for the airline industry from the impact of the coronavirus crisis.

General Electric Co warned employees of more job cuts at its aviation unit as the COVID-19 pandemic continues to impact commercial air travel, the Wall Street Journal reported on Tuesday, citing an internal video message. (Reporting by Rachit Vats in Bengaluru; Editing by...

General Electric Co. and a Vietnamese company on Saturday signed a memorandum of understanding to develop a liquified natural gas power plant, according to GE and a senior Trump administration official.

General Electric Co. and a Vietnamese company on Saturday signed a memorandum of understanding to develop a liquified natural gas power plant, according to GE and a senior Trump administration official.

Sales at Safran <SAF.PA> fell 44.5% in the third quarter to 3.382 billion euros ($4 billion) from a year ago but steadied compared to the previous quarter, prompting the French aerospace group to reaffirm full-year forecasts despite new coronavirus lockdowns.

General Electric Co <GE.N> on Wednesday unexpectedly reported a quarterly profit and a positive cash flow on the back of cost cuts and improvements in its power and renewable energy businesses, sending its shares 10% higher.

General Electric Co reported a smaller quarterly loss and positive cash flow on Wednesday, as the company cuts costs in its aviation and power units.

A Delaware court on Tuesday threw out most of the claims brought by Baker Hughes Co shareholders asserting they were not given complete financial information about the oilfield service provider's 2017 merger with General Electric's oil and gas segment.

The Sudanese government signed a memorandum of understanding with General Electric <GE.N> on Thursday aimed at increasing power generation by up to 470 megawatts (MW) as Sudan struggles to emerge from an economic crisis and long economic isolation.

General Electric said on Tuesday it has received a notice from U.S. Securities and Exchange Commission staff, warning that the company could face a civil action for possible violations of securities laws related to accounting practices for some of its insurance holdings.

General Electric Co has been issued a Wells notice by the U.S. Securities and Exchange Commission (SEC) staff, the industrial conglomerate said in a regulatory filing on Tuesday. (https://bit.ly/3iF3XGC) (Reporting by Ankit Ajmera in Bengaluru; Editing by Shailesh Kuber)

Russian state energy holding InterRAO <IRAO.MM> plans to invest up to 45 billion roubles ($580 million) in its gas turbines joint venture with General Electric <GE.N>, Alexey Maslov, its head of strategy, said on Wednesday.

General Electric Co <GE.N> said on Monday its GE9X engine for Boeing Co's <BA.N> 777X passenger jet has been certified by the U.S. aviation safety regulator, clearing a hurdle in the planemaker's path to bring its new jet to the market.

In 2006, Breakingviews criticised General Electric for its sprawl. We argued that “spinning off NBC to shareholders would make GE a more focused industrial company”, bring in some $35 billion of cash and aid Chief Executive Jeff Immelt’s desire to bolster the group’s finances...

General Electric Co <GE.N> said on Monday it plans to stop making coal-fired power plants, as the U.S. industrial conglomerate focuses more on renewable sources of power generation.