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...NYCB bought the operations of Signature Bank, another lender that collapsed last year, in a deal arranged by the Federal Deposit Insurance Corp....
...Governments and private investors — including Rolls-Royce, GE and Hitachi — have spent billions of dollars to commercialise the technology over the past decade....
...IHI aims to introduce gas turbines fired entirely by liquid ammonia in 2025 and, in January, it signed a memorandum with GE about collaborating on large gas turbines using 100 per cent ammonia....
...Peltz bought GE at about $25 per share and three years later the stake was worth about a quarter of that. Will Peltz’s fight at Disney end like at Heinz or GE?...
...This week Enel announced it had selected Oklahoma for a $1bn solar panel manufacturing facility, while GE announced a massive buildout of a wind turbine parts assembly line in Schenectady....
...Deliveries of Leap engines made by CFM International, a joint venture between France’s Safran and the US’s GE Aviation, are still behind schedule, executives said last month....
...Somehow, even while producing sponsored videos for legacy corporations such as GE, Vice held on to its “cool” factor....
...It relies on western companies to produce its most complex parts, including the engine, which is the product of a joint venture between America’s GE and France’s Safran....
...Within months, Veritas and Evergreen Coast Capital announced their plan to buy Athenahealth for $5.7bn and merge it with the former GE business, which had been renamed Virence Health....
...But the combined value of the divided units has not moved appreciably higher, and shares of News Corp declined over the seven years following its division....
...Companies including VF Corp, the clothing group behind The North Face, said they had moved some production to suppliers closer to their biggest markets....
...As part of the research for my forthcoming book about the rise and fall of GE, I spent many hours with Jack Welch, the company’s legendary chief executive, before he died in March 2020....
...Wimbledon hopes ‘Raducanu effect’ will propel debenture sales (FT) Deutsche Wohnen investor seeks injunction to block capital increase (FT) Veritas, Elliott consider $20bn-plus Athenahealth sale (Bloomberg) GE...
...GE’s board also scrambled to rewrite bonuses during the pandemic....
...People can post in literally thousands of languages and in numerous scripts such as Arabic, Armenian or Ge’ez. Even posts in English have different cultural connotations....
...For more, check out this excellent piece on whether the age of the conglomerate is over (now that GE has also proposed a similar split)....
...Or imagine if 4.8m investors turned up at GE’s next virtual AGM to complain about the $230m Mr Culp will get if it goes to $16.68. This might be hoping for too much....
...A GE spokesperson said the listing alone would not restrict the company’s dealings with COMAC....
...Power over the family trust — which holds the shares in News Corp and Fox — will be equally dispersed between Rupert’s four eldest children once the media mogul cedes control....
...This year’s annual meeting season has seen protests over executive pay at companies from AstraZeneca to GE....
...NYTimes) Climate change is wreaking havoc on the power grid in ways you never knew (LATimes) Christopher Marquis, a Cornell management professor, writes in Better Business that he has considered the B Corp...
...to sell Baker Hughes stake within 3 years to bolster balance sheet (FT) China Three Gorges mulls $4bn stake sale in overseas unit (BBG) Santander slumps to €11bn loss after writedowns (FT) GE to sell...
...He then took his experience at GE to Lixil, where he spent four years as chief legal officer, helping the Japanese building materials group address accounting irregularities at its Chinese subsidiary....
...Job moves Masayoshi Son is stepping down as chairman of SoftBank Corp, the Japanese conglomerate’s domestic telecoms subsidiary....
...These include GE, which has been selling engines for military helicopters to Taiwan but also has a sprawling business in China’s energy sector....
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