General Electric reported strong profit growth in the third quarter, but revenue was below expectations and investors were concerned about the company's tepid growth forecast for 2013..
NEW YORK-- General Electric Co.' s transformation into a more simple industrial company seems to be helping its bottom line. GE's net income rose 49 percent in the third quarter to $3.49 billion, or 33 cents per share. During the financial crisis, investors worried that its enormous banking arm, GE Capital, would fail.
General Electric and Military Families at Syracuse University are developing a reference guide that employers can use to help them more effectively recruit and mentor veterans.
*White House slams Welch tweet as "ludicrous". BOSTON/ WASHINGTON, Oct 5- Jack Welch, the lionized former chairman of General Electric Co, provoked cries of outrage in Washington on Friday when he appeared to accuse the White House of manipulating September job figures for political gains.
Jeffrey Immelt, General Electric chairman/CEO called for a national urgency on jobs during his interview on CBS "60 Minutes" last night. Discussing whether part of the employment problem could be that teenagers are avoiding getting the skills needed for blue collar jobs, with David Roberts, Carlisle Companies CEO.