Latest General Electric Co News

TVA moving forward with plans for smaller nuclear reactors

Aug. 07, 2022 09:34 AM EDT

CHATTANOOGA, Tenn. (AP) — Nearly four decades after the Tennessee Valley Authority abandoned construction of more than half of the nuclear plants it once planned to build, the federal utility is moving forward again with plans to pursue the next generation of nuclear power. The...

Walmart, Shopify fall; 3M, GE rise

Jul. 26, 2022 16:18 PM EDT

Stocks that traded heavily or had substantial price changes Tuesday: Shutterstock Inc., down $4.68 to $54.40. The stock images and video provider posted second-quarter sales and profit that missed Wall Street expectations. Walmart Inc., down $10.04 to...

GE reveals identity of 3 companies after historic split

Jul. 18, 2022 11:42 AM EDT

General Electric on Monday revealed the names of the three companies that will operate on their own after the historic split of the one-time conglomerate, including a mashup of words that will make up the name of the new energy company. GE announced in November that it planned to...

GE CEO Culp to lead company's aviation unit

Jun. 27, 2022 11:15 AM EDT

General Electric Chairman and CEO Larry Culp is taking on the additional role as the top executive at the company's aviation business. Culp eight months ago engineered the break up of the conglomerate in which it would spin off its health care and energy divisions, with the aviation...