General Electric Co. plans to auction its appliances business.
The Fairfield, Conn., industrial conglomerate said Friday the move is part of an ongoing plan to exit "slower growth and more volatile businesses."
The possible sale by GE's...
The conglomerate confirms that it is considering the sale of its signature division. General Electric Co. was long known for the brutal management style called "rank-and-yank": Everybody got an annual performance rating, and the bottom 10% were...
For more than a century, GE ovens, refrigerators and freezers have been a staple of the American home. The company is as closely associated with washers and dryers as IBM was with personal computers.
And like IBM saw its PC line, which it sold to...
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FAIRFIELD, Conn. (AP) — General Electric Co. said Friday it plans to sell or spin-off its century-old appliance business.
The Fairfield, Conn., industrial conglomerate said in a statement the move is part of an ongoing plan to exit “slower growth...
General Electric on Friday confirmed that it is exploring a potential sale or spinoff of its appliances business, one of the oldest at the 120-year-old conglomerate.
As The New York Times and others reported earlier this week, the...
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