Tags » General Electric

Flying empty jets across the country is only the latest way GE wastes money on executives

For a company trying to fend off activist investors targeting bloated corporate spending, General Electric has seemed particularly clueless about how it spends money.

Along with paying executives astronomical salaries for mediocre results, it has showered them with perks that read like a caricature of executive excess. 421 more words

Toshiba Goes Under Scrutiny

Financial reports regarding a failed Westinghouse nuclear unit caused the Japan’s watchdogs to do an investigation on Toshiba Corp.

The company based in Tokyo, Japan is being inspected due to the losses incurred by Toshiba’s nuclear unit, Westinghouse, which had cost the company billions of dollars. 416 more words

GE's New CEO Is Cutting Some of Management's Favorite Perks

General Electric’s new CEO John Flannery has started making drastic cuts that bring an immediate end to some of the rosier corporate perks–from company cars and lavish retreats to its fleet of business jets. 341 more words


Apple and General Electric partner to bring Predix industrial apps to iPhone and iPad

Apple and GE today announced a partnership to deliver powerful industrial apps designed to bring predictive data and analytics from Predix, GE’s industrial Internet of Things (IoT) platform, to iPhone and iPad. 484 more words