The Conglomerate Paradox: As GE splinters, Facebook becomes Meta
GE announced it's breaking into three. Meanwhile, tech companies continue to take over a wider swath of industries.
GE
Jack Welch, Legendary CEO Of General Electric, Dead At 84
Welch, dubbed "manager of the century" in 1999 by Fortune magazine, grew GE into an industrial powerhouse. During his reign, the company's market value skyrocketed to $410 billion from $12 billion.
GE Struggles To Show It Still Has Magic Touch
General Electric has had a steep fall from grace this year. Its stock has dropped and it's halving its dividend. Now GE watchers are wondering if the new CEO can pull off a dramatic turnaround.
GE Capital Wants Off The List Of Too-Big-To-Fail Institutions
The company says it's getting out of the financial services industry and should no longer be subjected to so much federal government oversight.