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GE profit tops Street view as cost cuts pay off

GE profit tops Street view as cost cuts pay off

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.

 

GE to Add 1,100 Jobs in Michigan

GE to Add 1,100 Jobs in Michigan

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

 

Stocks Rally for a Third Day

Stocks Rally for a Third Day

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

 

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