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GE to sell its Railroad Business Division

GE to sell its Railroad Business Division

Reported by the Wall Street Journal, General Electric Co., (NYSE: GE) the worst performing stock on Dow Jones Industrial Average, is now looking to sell its railroad business, which is one of the company’s oldest divisions, citing sources fami..

Jeff Immelt to Retire as Chairman of GE Three Months Earlier than Planned

Jeff Immelt to Retire as Chairman of GE Three Months Earlier than Planned

General Electric Company (NYSE: GE) announced that Jeff Immelt would retire as chairman and leaving the board around three months earlier than previous planned as the transition is going smoothly and his successor needed control to make difficu..