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...
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...
General Electric CEO Jeffrey Immelt tells CNBC President-elect Donald Trump should look forward not backward.
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.
The merger of Baker Hughes and GE Oil & Gas creates a new type of oilfield services firm that defies easy comparisons to peers.
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.
CNBC's Morgan Brennan reports on the potential merge between General Electric and Baker Hughes.
The deal "gives us an opportunity to create all the synergies of a combined GE and Baker Hughes," GE's Jeff Immelt tells CNBC.
The company's shares were down 0.9 percent at $28.81 in afternoon trading on the New York Stock Exchange. GE also raised its full-year target for cash returned to shareholders to $30 billion from $26 billion and noted it had returned $25 billion in the first three quarters. The company lifted its cash flow outlook to at least $32 billion, up from a range of $29...
NEW YORK, Oct 21- General Electric Co beat analyst profit forecasts in the third quarter, but revenue growth remained sluggish, prompting the company to scale back expectations for full-year revenue and profit on Friday, sending shares sharply lower. GE raised its full-year target for cash returned to shareholders to $30 billion from $26 billion and noted it...
Jack De Gan, Harbor Advisory breaks down General Electric's quarterly results, which beat on earnings but missed on revenue. At this point I think the shares are valued fully, says De Gan.
Despite pushing proposals that sound like a corporate chieftain’s dream, the Republican nominee isn’t getting much love from his peers.
GE CEO Jeff Immelt buys 50,000 GE shares, a purchase worth about $1.57M. CNBC senior markets commentator Mike Santoli and Stephanie Link, TIAA Global Asset Management, weigh in.
Nick Heymann, William Blair & Company, breaks down General Electric's quarterly results which posted EPS of $0.51 on revenues of $33.49 billion.
Legendary investor Warren Buffett spoke at length about a secret meeting held by CEOs and other top executives on improving governance principles.
The new Pokemon Go app could have positive implications for other companies, including Microsoft, CEO Satya Nadella said.
Microsoft and GE have teamed up on a new, global project — and they took aim at American trade policies Monday on CNBC.