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Industrial Conglomerates Jeffrey Immelt

  • Ursula Burns, chairwoman and former CEO of Xerox, in Havana, Cuba on March 21, 2016.

    In addition to a CEO and chief operating officer, Uber needs executives in charge of business, finance, communications, engineering and self-driving cars.

  • An employee of General Electric works on a gas turbine at the GE plant in Belfort, France.

    Trian Partners, which has a $2 billion stake in GE, is said to be optimistic about its new CEO.

  • Randall Stephenson

    A bunch of drone and 5G companies, including AirMap, Airspace, Kespry, Measure, and PrecisionHawk are attending the White House tech summit.

  • LOS ANGELES, June 21- Major U.S. corporations such as Wal-Mart Stores Inc and General Motors Co have become some of Americas biggest buyers of renewable energy, driving growth in an industry seen as key to helping the United States cut carbon emissions. That's up from just 5 percent in 2013, according to the American Wind Energy Association trade group.

  • LOS ANGELES, June 21- Major U.S. corporations such as Wal-Mart Stores Inc and General Motors Co have become some of Americas biggest buyers of renewable energy, driving growth in an industry seen as key to helping the United States cut carbon emissions. That's up from just 5 percent in 2013, according to the American Wind Energy Association trade group.

  • LOS ANGELES, June 21- Major U.S. corporations such as Wal-Mart Stores Inc and General Motors Co have become some of Americas biggest buyers of renewable energy, driving growth in an industry seen as key to helping the United States cut carbon emissions. That's up from just 5 percent in 2013, according to the American Wind Energy Association trade group.

  • Employees stand as a subsea oil and gas tree is maneuvered by a crane at the General Electric Co. (GE) manufacturing plant in Montrose, U.K.

    There are better places to be allocated, money manager and popular blogger Josh Brown tells CNBC.

  • Jack Welch

    Jack Welch’s successor, Jeffrey R. Immelt, failed to capture the same leadership aura. But it may be that the idea of a conglomerate was unsustainable.

  • Robots taking jobs in five years is BS, GE CEO Jeff Immelt says

    GE CEO Jeff Immelt says robots won't take over jobs in five years.

  • SEATTLE, June 14- General Electric Co said on Wednesday it will combine its power and energy distribution businesses to create its largest unit by revenue as the top executive at GE Power announced his retirement after failing to win the conglomerate's CEO job. The changes come just two days after Steve Bolze, a 24- year GE veteran who heads the power unit, lost out...

  • SEATTLE, June 14- General Electric Co said on Wednesday it will combine its power and energy distribution businesses to create its largest unit by revenue as the top executive at GE Power announced his retirement after failing to win the conglomerate's CEO job. GE said it will add its energy connections business- which provides power distribution and...

  • SEATTLE, June 14- General Electric Co said it will combine its power and energy distribution businesses to create its largest unit by revenue as the top executive at GE Power announced his retirement after failing to win the conglomerate's chief executive job. Steve Bolze, a 24- year GE veteran who heads the GE Power unit, said on Wednesday he was retiring after...

  • Steve Bolze, the head of GE Power, lost out to John Flannery, head of GE's Healthcare division, to succeed Jeff Immelt as CEO, starting Aug. 1. GE said on Wednesday it will fold its energy connections business into its GE Power unit, and that connections chief Russell Stokes would lead the combined business. Adding GE's energy connections business, which provides...

  • SEATTLE, June 14- General Electric Co said on Wednesday it will fold its energy connections business into its GE Power unit, and that connections chief Russell Stokes would lead the combined business as Steve Bolze retires as head of GE Power. Bolze said in a letter to employees that he had told GE Chief Executive Jeff Immelt he would retire after 24 years at GE if he...

  • * "No Plan B", says GE Power digital officer. "There is no plan B. We're not going back," Ganesh Bell, chief digital officer of GE Power, the group's largest industrial business, told Reuters on the sidelines of a Berlin conference to promote its digital products. Bell was speaking a day after GE named insider John Flannery as its next CEO, taking over from long-serving Jeff...

  • Jeff Immelt, chairman and chief executive officer of General Electric Co.

    Jim Cramer says the market's positive reaction to Jeff Immelt stepping down as CEO is a good sign for GE's stock.

  • Bull case for staying in GE through the shakeup

    Jim Cramer says the market's positive reaction to Jeff Immelt stepping down as CEO is a good sign for GE's stock.

  • *Flannery to take over as CEO on Aug. 1, chairman on Dec. 31. The maker of jet engines, power plants, medical scanners and railroad locomotives on Monday named veteran insider John Flannery as its next CEO, taking over from longtime leader Jeff Immelt, who reshaped one of corporate America's icons to focus more on technology but failed to deliver profit growth fast...

  • General Electric Co., up $1 to $28.94. Apple Inc., down $3.56 to $145.42. ConocoPhillips, up 90 cents to $45.72.

  • *S&P tech sector posts worst two-day drop since June 2016. NEW YORK, June 12- Apple shares added to last week's drop on Monday to lead a market downturn as tech, still the best performing S&P 500 sector this year, succumbed under its own weight. Mizuho Securities cut its rating on Apple to "neutral" from "buy" on Monday, saying the stock had outperformed this year and that...