General Electric Company News
General Electric Stock Gains As CEO Larry Culp Takes Over Aviation Division
"There is tremendous opportunity in aviation over the coming years, and the Board and I decided it is the right time for me to take on this expanded role," said GE CEO Larry Culp.
Kellogg Stock Surges Amid Plans to Split Iconic Cereal Maker Into Three Separate Companies
"These businesses all have significant standalone potential, and an enhanced focus will enable them to better direct their resources toward their distinct strategic priorities," said CEO Steve Cahillane.
General Electric Stock Edges Higher As CEO Larry Culp Sees Solid Demand, Repeats Supply Chain Caution
GE CEO Larry Culp said the group is seeing "plenty of demand", but noted that product delivery remains a challenge amid supply chain disruptions.
Stock Market Today - 6/1: Stocks End Lower As Inflation Worries Linger; Fed Begins Balance Sheet Sales
Stocks finished lower Wednesday as investors enter June in much the same way they exited May: worried about inflation and eyeing central bank reactions.
Stock Market Today - 5/13: Stocks End Higher As Powell Offers Soothing Words
Stocks finished higher Friday, snapping a six-day losing streak for the Dow.
Tesla Stock Slips Lower After Q2 Delivery Slump, Planned Factory Closures
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
Exxon Stock Jumps On Bets For Record Q2 Profits Amid Global Oil Price Surge
"High energy prices are largely a result of underinvestment by many in the energy industry over the last several years and especially during the pandemic," Exxon said.
Coinbase Faces A New Scandal
The platform denies selling proprietary customer data and announces it is expanding into several European countries.