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Lights Out: Pride, Delusion, and the Fall of General Electric is a 2020 book written by Wall Street Journal reporters Thomas Gryta and Ted Mann. [1] It documents the downfall of the American conglomerate General Electric, largely attributing it to the decisions of CEO Jeff Immelt. The book ends with Larry Culp becoming CEO in 2018.
The stock has a 52-week high of $13.26 and a 52-week low of $5.48.See more from Benzinga * Why General Electric's Stock Is Trading Lower Today(C) 2020 Benzinga.com. Benzinga does not provide ...
General Electric in Schenectady, New York, aerial view, 1896 Plan of Schenectady plant, 1896 [18] General Electric Building at 570 Lexington Avenue, New York. During 1889, Thomas Edison (1847–1931) had business interests in many electricity-related companies, including Edison Lamp Company, a lamp manufacturer in East Newark, New Jersey; Edison Machine Works, a manufacturer of dynamos and ...
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Despite shrinkage of GE's US manufacturing employment, UE remains a major force within General Electric today and plays a leading role in negotiating contracts that cover members of 13 unions in GE through the Coordinated Bargaining Committee. [30] UE's role in the union coalition resulted in union gains in 2007 national negotiations with GE. [31]
Today's Top U.S. News Story 'Life-threatening cold' expected as polar vortex stretches across U.S. after deadly weekend flooding Harsh weather moved west as a polar vortex was expected to grip the Rockies and the northern Plains after winter storms pummeled the eastern U.S. over the weekend, killing at least 10 people, including nine victims in ...