Jeff Immelt

22 results

Former Manchester United manager Alex Ferguson: “It is unfair . . . to try and retain the authority you once possessed. You have to let go and let the new man and the new regime do what they think is best.” Photograph: Oli Scarf/AFP/Getty

Alex Ferguson, the former manager of Manchester United, once offered this universal truth about how to behave towards a successor: “It is unfair . . .(...)

Shares of GE, which has a debt of more than $100 billion, have fallen more than 80 per cent from their peak in August 2000. Photograph: CJ Gunther/EPA

Shares of General Electric surged 15 per cent on Monday after the industrial conglomerate said it would sell its biopharma business to Danaher for $21(...)

GE ended a difficult year in 2017 by reporting a $9.8bn loss in the fourth quarter. Photograph: Reuters

General Electric, the US industrial group, is under investigation by the Securities and Exchange Commission over its announcement last week that it ne(...)

GE reports earnings for the fourth quarter of 2017 next week, and the payments will mean taking a charge of $9.5 billion before tax and $6.2 billion after tax.

General Electric is looking at a further break-up, its chief executive said on Tuesday, extending its retreat from the conglomerate model it champione(...)

Monday’s surprise move comes one day before shareholders at consumer products company Procter & Gamble will decide whether to elect Trian chief executive Nelson Peltz to its board. Photograph: David W Cerny/Reuters

US industrial conglomerate General Electric, which major shareholder Trian Fund Management has been pressuring to conduct a more thorough restructurin(...)

Jeff Immelt who tweeted on Sunday that he had decided not to pursue a leadership position at Uber, despite his “immense respect” for the company and its founders. Photograph: Daniel Becerril/Reuters

Jeff Immelt, the former General Electric chief executive, has taken himself out of the running for the top job at Uber, as the ride-hailing company tr(...)

US president Donald Trump: Many business leaders remain on his advisory panels and councils. These include Dell’s Michael Dell, Apple’s Tim Cook, IBM’s Ginny Rometty, Corning’s Wendell Weeks and GE’s Jeff Immelt. Photograph: Jim Watson/AFP/Getty

Since its arrival a decade ago, I’d wager Twitter has proven overall to be more of a thorn than a rose for most companies.  As a public-facing p(...)

Donald Trump: the first six months of his presidency have been nothing if not dramatic. Photograph: John Minchillo/AP

Scandals, infighting, chaotic policymaking, a pugilistic and an isolationist approach to diplomacy that has alarmed America’s traditional allies – th(...)

Traders work in front of the German share price index, Dax board, at the stock exchange in Frankfurt on Monday. Photograph: Reuters

Monday was a slow day on Ireland’s benchmark index which ultimately closed down by 0.62 per cent. Volumes were light on the day as political uncertain(...)

A video grab from French television  shows French President Emmanuel Macron speaking about the US withdrawl of the Paris agreement.

French president Emmanuel Macron has said the world needs to “make our planet great again” after US president Donald Trump pulled his country out of t(...)

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