Mr. Watson's invention looks to be part of a design competition, thus we're not exactly sure if GE or Kitchen-Aid has contacted him regarding a deal, but hopefully we'll soon see these things replacing those antiquated versions we're all forced to deal with now.

ENGADGET: Glide toaster gives breakfast bread a new flair

But 123 House Democrats joined with 110 Republicans to remove funding for fiscal 2011, meaning that the GE-Rolls engine is in jeopardy if the Senate fails to provide funding and then prevail in a conference between the two chambers to reconcile spending measures.

FORBES: Why Adam Smith Isn't Welcome In The Defense Industry

John Hess, son of the company founder, will hold on to the CEO title, but the non-executive chairmanship will go to John Krenicki, former GE vice chairman, if shareholders approve during the company's annual meeting next week.

WSJ: Hess to split roles of CEO and chairman