John Flannery

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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(...)

Former GE CEO John Flannery had called the Alstom deal “very disappointing” and admitted in June the target of creating 1,000 jobs was “out of reach”. Photograph: Vincent Kessler/Reuters

General Electric will pay the French government €50 million after creating just 25 out of a promised 1,000 jobs in the country following its takeover (...)

Workers install scaffolding around a gas turbine at a General Electric factory in Greenville, South Carolina.

General Electric has paid more than $6 billion (€5.1 billion) in fees to Wall Street banks since the turn of the century, even as its market value has(...)

Ryanair’s shares plunged 12.5 per cent to €11.48. Photograph: Yves Herman/File Photo/Reuters

Ryanair’s profit warning sent aviation shares into a tailspin as European stocks rose generally on news of a US-Canada-Mexico trade pact. DUBLIN Rya(...)

Former GE chief executive John Flannery. Photograph: Etienne Laurent/EPA

General Electric ousted chief executive John Flannery in a surprise move on Monday, replacing him with outsider and board member Larry Culp. The compa(...)

The logo of General Electric at subsidiary company GE Aviation in California. Photograph: Mike Blake/File Photo/Reuters

The rise of renewables and sliding demand for gas turbines hit General Electric’s earnings in the second quarter, underlining the difficulties the com(...)

General Electric: while its industrial business looks analogue in the digital age, somebody has to make the engines that fly planes. Photograph: Venance/AFP/Getty

As end-of-an-era stories go, this one was irresistible. General Electric, once the mightiest corporate conglomerate in the world and a benchmark of Am(...)

The euro zone budget will be this big, explains French president Emmanuel Macron. Photograph: Hannibal Hanschke / Reuters.

In numbers: Hellish applications 40 Percentage of employees who say they have found an advertisement for a job they subsequently got to be misleadin(...)

A decade and a half ago GE was the world’s most valuable public company. Photograph: Urs Flueeler/EPA

General Electric has lost its spot in the Dow Jones Industrial Average after over a century in the blue chip stock index, a new blow to a company that(...)

The deal is transformative for Wabtec, which will roughly double its annual revenue.

General Electric has agreed to merge its century-old locomotive business with rail-equipment maker Wabtec in a deal valued at $11.1 billion (€9.43 bil(...)

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