General Electric | featured news

Reports say regulators are on the verge of approving purchase of 51% stake in media giant from General Electric.

General Electric Co. is buying privately held Lineage Power Holdings Inc. in a deal worth about $520 million so its energy unit can gain a foothold in the power conversion space.

General Electric, which makes charging stations, says it will order 25,000 electric cars in order to try to kick-start the market.

General Electric Co called the end to its two-year slump on Friday, reporting earnings that beat Wall Street forecasts and saying profit should rise through the rest of 2010.

Alcoa and General Electric slid amid concerns about global growth following sluggish fourth-quarter economic growth in the euro zone and a move by China to tighten lending.

Despite continued problems in General Electric’s finance unit, industrial orders increased $500 million over the previous quarter.

General Electric said Friday its second quarter net income tumbled 49% on continued woes of its finance unit and ongoing weakness ...

GE said it will open a manufacturing-technology center in Michigan that will eventually employ more than 1,100 workers.

Car-battery maker A123 is expected to say it has raised $69 million, and that GE will gain a seat on its board.

Wall Street pushed higher despite a jump in jobless claims and a cut in General Electric’s credit rating.