Hints and tips:
...Boeing created a product and services safety group, also reporting to the chief engineer....
...The best tale the former mentee to GE’s “Neutron” Jack Welch could drum up involved bean counting....
...For example, in 2008 when Goldman Sachs and GE needed capital infusions, he stepped in on very favourable terms but passed on Lehman and AIG as saw too many red flags....
...Rewriting the bonus plan last year after the pandemic hit GE shares was “problematic”, Institutional Shareholder Services wrote in a report circulated to investors of the industrial conglomerate this week...
...Two South African commissions have found Bain helped hobble the country’s formerly esteemed revenue service....
...But most companies in the space are now huge, and too much diversification always carries with it the threat of the famous GE conglomerate discount....
...Absolutely,” said Mohamed Ali, vice-president and general manager of engineering at GE Aviation....
...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....
...Incidentally, a plethora of media outlets (inc....
...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....
...That means pain for the hedge funds or “Wall Street” (their trading losses are around $5bn so far); pain for the likes of share-dealing platform Robinhood (which provides a “free” trading service that many...
...The Fire phone, in particular, was a swift flop, but the Kindle, Amazon Prime and Amazon Web Services triumphed....
...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...
...(BBG) News round-up Chrysaor agrees reverse takeover of Premier Oil (FT + Lex) Finablr agrees to take over offer from Prism (FT) Bridgewater settles suit filed by former co-chief executive (FT) GE faces...
...“We were all thrown into the deep end of the pool at the same time,” says Kelley Steven-Waiss, chief innovation officer of Here Technologies, and founder of Hitch, a cloud-based service matching skills to...
...Private equity-style management in the service of corporate empire-building is not entirely new in tech....
...◼ Safran (Downgrade to Sell from Hold, TP €67) – Similar challenges to MTU but with the additional uncertainty over the return to service of 737MAX (LEAP engine from Safran/GE JV is the exclusive engine...
...Zaifman was previously tax director at GE Energy Financial Services. DD has also exclusively learned of several job moves at Deutsche Bank....
...The bank, a former unit of GE Capital, issues private-label credit cards for retailers including JCPenney, Gap and Lowe’s....
...Vasan was previously a managing director at GE Energy Financial Services. Equity exchange MEMX has named Jonathan Kellner as its chief executive....
...Knoll Bassett oversaw the company’s Planning Unit, its interior design service, and communicated her schemes to clients in an accessible, concrete way via what she called “paste-ups” — tactile, visually...
...GE Capital then shrank enough to lose its label....
...The only other sector in the red this month was communications services, down 1.3 per cent....
...Will institutional lenders fly as they did in the crisis from traditional finance companies, such as Household and GE Capital?...
...It has been hit by a series of problems including downturns in the market for gas-fired power plants and oilfield services, and legacy liabilities from insurance operations it sold in 2006....
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