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Industrial Conglomerates Jeffrey Immelt

  • NEW YORK/ BOSTON, Jan 30- Most U.S. corporate bosses have stayed silent on President Donald Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House. While the leaders of Apple Inc, Google and Facebook Inc emailed their staff to denounce the suspension of the U.S. refugee program and...

  • NEW YORK/ BOSTON, Jan 30- Most U.S. corporate bosses have stayed silent on President Donald Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House. Wall Street, meanwhile, is hoping the new administration will ease some of the regulations introduced in the wake of the 2007-08...

  • NEW YORK/ BOSTON, Jan 30- Most U.S. corporate bosses have stayed silent on President Donald Trump's immigration curbs, underscoring the sensitivities around opposing policies that could provoke a backlash from the White House. Wall Street, meanwhile, is hoping the new administration will ease some of the regulations introduced in the wake of the 2007-08...

  • WASHINGTON, Jan 27- President Donald Trump on Friday said he was launching a manufacturing jobs initiative and named a group of U.S. business executives and labor union officials to help with the effort, the White House said in a statement. Bill Brown, CEO of Harris Corp. Michael Dell, CEO of Dell Technologies.

  • Jan 20- General Electric Co is seeking a sharp cut in corporate tax rates under President Donald Trump but is bracing for U.S. sales of medical equipment to suffer if Congress delays changing U.S. healthcare laws. "From a GE perspective, at a minimum, we need to have a corporate tax system where the rate of taxation is commensurate with the OECD average of 21 or 22...

  • GE said revenue at its power plant unit was hit by failure to ship six gas turbines to Bahrain and Iraq that it expected to deliver in the quarter. The Boston- based maker of power plants, aircraft engines, locomotives and medical equipment said total revenue fell 2.4 percent to $33.1 billion, slightly below Wall Street expectations of $33.6 billion.

  • General Electric Chairman and Chief Executive Officer Jeffrey Immelt

    Shares of General Electric edged lower after the company reported mixed earnings results.

  • In affirming a target of $2 a share in operating earnings in 2018, Chief Executive Officer Jeff Immelt said GE would overcome expected weakness in its oil and gas business next year and dropped cautiousness the company had expressed in October. GE's target was slightly above analyst consensus estimates, and up from a range of $1.60 to $1.70 a share the company...

  • WASHINGTON, Dec 13- President-elect Donald Trump named the head of Exxon Mobil Corp, Rex Tillerson, as his choice for U.S. secretary of state on Tuesday and won backing from some Republican foreign policy figures for the oilman despite his ties to Russia. The Exxon CEO potentially faces a tough fight to be confirmed in the Republican-controlled Senate.

  • WASHINGTON, Dec 13- President-elect Donald Trump announced Exxon Mobil Corp Chief Executive Officer Rex Tillerson as his choice for U.S. secretary of state on Tuesday, despite concerns from lawmakers in both political parties over the oilman's ties to Russia. Some lawmakers raised concerns about Tillerson's relationship with Moscow.

  • WASHINGTON, Dec 2- President-elect Donald Trump announced the formation of a council to advise him on job creation, a group comprised of the leaders of a variety of major U.S. corporations including GE, GM, Boeing, Disney and IBM. Stephen Schwarzman, chief executive officer of major investment firm Blackstone Group LP, will chair the council. In 2011, Obama convened...

  • WASHINGTON, Dec 2- President-elect Donald Trump announced the formation of a council to advise him on job creation, a group comprised of the leaders of a variety of major U.S. corporations including GE and GM to Boeing, Disney and IBM. In 2011, Obama convened a jobs council that was led by General Electric Co CEO Jeff Immelt and an export council headed by Xerox Corp...

  • A container is unloaded from the Hanjin Gdynia cargo ship berthed at the Port of Long Beach in Long Beach, California.

    The rise of e-commerce, especially between countries, will be the next "revolution," said Ken Allen, CEO of DHL Express.

  • WASHINGTON, Nov 15- America's manufacturers are urging President-elect Donald Trump to back off from his most threatening trade rhetoric and pursue a more nuanced approach to trade with China and Mexico, avoiding unilateral tariff actions and focusing on negotiations. For now, these groups are bracing for higher trade tensions with China and potential...

  • Jeffrey Immelt, chairman and CEO of US industrial giant General Electric

    General Electric CEO Jeffrey Immelt tells CNBC President-elect Donald Trump should look forward not backward.

  • Jeffrey Immelt

    CNBC's Carl Quintanilla speaks with Jeff Immelt, GE Chairman and CEO, at the company's Minds + Machines conference about President-elect Donald Trump's potential trade policies.

  • Martin Craighead, president and chief executive officer of Baker Hughes.

    The merger of Baker Hughes and GE Oil & Gas creates a new type of oilfield services firm that defies easy comparisons to peers.

  • Oil platforms sit under repair in Guanabara Bay in Rio de Janeiro, Brazil.

    Shares of Baker Hughes gave up early gains in volatile trading after the company announced it would merge with GE's oil and gas business.

  • A potential mega-deal: GE and Baker Hughes

    CNBC's Morgan Brennan reports on the potential merge between General Electric and Baker Hughes.

  • Jeff Immelt

    The deal "gives us an opportunity to create all the synergies of a combined GE and Baker Hughes," GE's Jeff Immelt tells CNBC.