General Electric

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More than 100 S&P 500 companies have rewritten bonus plans for executives as a result of the pandemic.

Executive bonuses in the US have received record low support from investors this year after boardroom moves to loosen performance targets during the p(...)

General Electric’s chief executive Larry Culp: ‘I didn’t take a salary last year once Covid hit. I think we all sacrificed.’

General Electric is heading for a showdown over a $47 million (€39 million) bonus for its chief executive, Larry Culp, after a shareholder adviser rec(...)

“We grade children in school, often as young as nine or 10, and no one calls that cruel. But somehow adults can’t take it? Explain that one to me.”

When Bill Michael, the former chair of KPMG, told staff to “stop moaning” in a virtual meeting in February, one of the issues they were complaining ab(...)

The move by pharma giant Bristol Myers Squibb, the IRS concluded, would cheat the United States out of about $1.4 billion in taxes. Photograph: Regis Duvignau/Reuters

Almost nine years ago, Bristol Myers Squibb filed paperwork in Ireland to create a new offshore subsidiary. By moving Bristol Myers’ profits through t(...)

Former Aer Lingus chairman Colm Barrington, chief executive of Fly Leasing. Photograph: Alan Betson/The Irish Times

Fly Leasing chief executive Colm Barrington said on Monday that private equity firms’ demand for assets prompted the Irish company’s $2.36 billion (€2(...)

Aengus Kelly, chief executive of  AerCap Holdings. Photograph: Dara Mac Dónaill

Aengus Kelly knows a bargain when he sees one. The chief executive officer of aircraft leasing company AerCap made his most audacious move yet in a c(...)

Aercap will pay $24 million cash, $1 billion loan notes or cash and issue 111.5 million new shares to GE Capital Aviation Services. Photograph: iStock

Irish aircraft lessor Aercap is poised to create the biggest business in its industry by the end of this year after agreeing to buy rival GE Capital A(...)

JD Sports told shareholders it is considering a cash call to help fund its acquisition spree. Photograph: Nick Ansell/PA Wire

European stocks rose on Tuesday on strong corporate news, while the International Monetary Fund raised its forecast for global growth in 2021. US st(...)

GE’s aviation orders were down 40 per cent year-on-year in the fourth quarter. Photograph:  Sebastien Salom-Gomis/AFP via Getty Images)

General Electric ended a tumultuous year of lay-offs, debt repayments and restructuring with far stronger cash flow than forecast, boosting investor c(...)

US stocks fell for a second day after Wells Fargo dragged down the banking sector. Photograph: Paul Richards/AFP via Getty

Stocks fell on Friday on news of intensifying lockdowns and weak US retail sales data, while the dollar was on track to post its strongest week in mor(...)

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