In addition to opening an office, GE is also investing in startups, Immelt said.
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If the SEC were an airline, GE would be one of its frequent fliers.
The upside for GE: In 2003 Frontier leased an additional 13 planes from GE.
Maybe what Japan needs more than deregulation is an inbound 747 carrying GE Chairman Jack Welch.
Maybe what Japan needs more than it needs deregulation is an inbound 747 carrying GE Chairman Jack Welch.
Immelt's failing was leverage, the same ingredient Welch used to goose GE from an industrial conglomerate into an earnings-growth machine.
Among the new gizmos and gadgets showcased by GE were a slew of energy-efficient smart appliances, the GE Energy Smart LED, an advanced small wind turbine, and an Yves Behar-designed home electric vehicle charging dock called the GE WattStation.
The company GE Geospatial, an aerial photography company, carries out one small piece of this program.
Author, activist and agriculture expert Michael Pollan has been stumping for an open source movement for GE crops for the better portion of a decade.
Update: It looks like the SEC has prevented some major GE shareholders with an opportunity to vote on a nonbinding shareholder proposal raising the issues of auditor independence and firm rotation.
Comcast CFO Michael Angelakis said last September that it would happen sometime before a deadline in 2014, at which point GE could exercise an option forcing Comcast to buy half its stake.
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Last March, the GE's chief executive, Jeffrey Immelt, wrote an article in the Harvard Business Review where he announced that GE planned to add more than 1, 000 manufacturing jobs at its Louisville, Kentucky, facility - a manufacturing plant the company tried to sell only a few years ago during the depths of the recession.
The move was an encouraging sign from the company--and for the economy as a whole--as GE slashed its dividend last year in an effort to raise cash.
As with many other products--including tungsten-filament lightbulbs, X-ray machines and jet engines--GE bought patents from an inventor to get into the turbine business, then refined the design and manufacturing techniques ( see time line).
GE, taken on an unduly heroic sheen.
ECONOMIST: E-strategy Brief: General Electric: While Welch waited | The
The GE Europe boss sees an "incredible boom" for the UK and Nordic countries as a result of oil exploration and discoveries in the North Sea, while many parts of eastern and central Europe are profiting from infrastructure investment from the 27-nation European Union.
This is not a problem that plagues GE, but perhaps such an initiative will inspire the rest of corporate America to follow its lead.
Second, General Electric (GE) announced on May 23rd that they will be offering production based availability (PBA) guarantees as an option for new and existing operations and maintenance contracts on all GE 1.5 and 2.5 megawatt series wind turbines.
Better to sell GE with no revenue growth and an 11% ROE for instance.
After years of suffering the consequences of a financial sector meltdown, GE very much wants to be an industrial company now.
GE, which once embarked on an ambitious plan to build a 400-megawatt factory in Colorado, decided to shelve that project earlier this year.
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An executive at General Electric (nyse: GE - news - people ), Loescher had previously served as chief operating officer of Swiss biotech-tools firm Amersham (nyse: AHM - news - people ) and as chief executive of the Japanese arm of drug giant Sonofi-Aventis (nyse: SNY - news - people ).
"Here's this amateur guy who takes what he learned at GE, " he says, sounding like an unreconstructed corporate communicator.
Clearly companies like Comcast and GE, are mindful of that reality in an environment where investors look to the equity market for yield due to the paltry rates on many fixed-income instruments like U.S. Treasuries.
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In contrast and as an example of the innovation impulse elsewhere, in India GE has created a mobile electrocardiogram, which is routinely praised as a case study in how to use frontier markets to innovate.
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Christopher Glynn, an analyst at Oppenheimer, said the deal fits nicely into GE's strategy.
GE, for example, hired Thomson Reuters, an information firm, to show employees the cost of different services.
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The result: GE looks less like a hedge fund masquerading as an industrial company than it used to.
Weidmann had turned to GE Capital to help it finance a revamp of an abandoned printing plant in Urbana, Ohio.
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