Governors from Mexico and the United States listen to General Electric's Jeff R. Garwood, president of water and process technologies (on screen) during the opening ceremony at the 26th Border Governors Conference at Universal Studios in Los Angeles August 14, 2008. Shown (L-R) are Governor of Texas Rick Perry, Governor of Chihuahua Jose Reyes Baeza Terrazas, Governor of Coahuila Humberto Moreira Valdes, Governor of Arizona Janet Napolitano, Governor of California Arnold Schwarzenegger, Governor of Nuevo Leon, Jose Natividad Gonzalez Paras, Governor of Sonora Eduardo Bours Castelo, Governor of Baja California Jose Guadalupe Osuna Millan, Governor of New Mexico Bill Richardson and Governor of Tamaulipas Eugenio Hernandez Flores.
In this July 1, 2008 file photo a General Electric sign is seen inside an appliance shop in Tehran, Iran. Rep. David Scott, D-Ga., vice chairman of a House subcommittee on terrorism, nonproliferation and trade, said Friday, July 11, 2008, that he is calling for a broad review of exports to Iran to see whether exemptions to U.S. trade sanctions are being abused.
Jack Welch, left, former CEO of General Electric, corporate parent of NBC, and NBC Today show host Matt Lauer, right, stand outside Holy Trinity Church in the Georgetown neighborhood of Washington, awaiting funeral services for the late Tim Russert, host of NBC's Meet the Press, Wednesday, June 18, 2008.
Jeff Immelt, chief executive officer of General Electric, makes a speech during a breakfast meeting with South Korean CEOs at a hotel in Seoul May 28, 2008. The chief executive of General Electric named several "players" when asked about the future of the company's appliance business, which the huge U.S. conglomerate recently said it may spin off.
Shareholders walk past locomotives before the General Electric annual shareholders meeting, Wednesday, April 23, 2008, in Erie, Pa. GE CEO Jeff Immelt is telling shareholders that the economy is the toughest it's been since 2001 and that the U.S. is facing the worst housing crisis since the Great Depression.
Bob Wright (R), Vice Chairman and Executive Officer of General Electric, speaks with Jean-Francois Dehecq (C), Chairman Sanofi-Aventis, and Andreas Fibig, Senior Vice President of US Pharmaceutical Operations of Pfizer, after a news conference on March 3, 2008 in New York. Industry leaders from around the world unveiled a strategy to combat counterfeiting.
Bob Wright (C), Vice Chairman and Executive Officer of General Electric, speaks while Jean-Francois Dehecq (L), Chairman Sanofi-Aventis, and Jean-Rene Fourtou, Chairman of the Supervisory Board of Vivendi, listen during a news conference on March 3, 2008 in New York. Industry leaders from around the world unveiled a strategy to combat counterfeiting.
General Electric Chairman and Chief Executive Officer Jeffrey R. Immelt speaks in this 14 November 2007 file photo during the 20th World Energy Congress in Rome. General Electric reported on July 11, 2008 a drop in its second-quarter profit of six percent to 5.1 billion dollars as the massive US conglomerate largely weathered an economic storm. GE's profit amounted to 54 cents per share, in line with forecasts. Revenues rose 11 percent for the April-June period to 46.9 billion dollars. "Led by double-digit segment profit growth in our industrial businesses and a strong relative performance in our financial services businesses, we delivered a solid quarter in a volatile environment," GE chairman and chief executive Jeff Immelt said.
General Electric Chairman and Chief Executive Officer Jeffrey R. Immelt speaks 14 November 2007 during the 20th World Energy Congress in Rome. General Electric said on May 16, 2008 it has begun a strategic review of its appliance-making business that could involve a sale, spinoff or partnership with another company. The US conglomerate could as a result get out of the appliance business for which GE has been identified for over 100 years. "This review is consistent with the strategy we have been executing to transform our portfolio for long-term growth, " GE chairman and chief executive Jeff Immelt said.
Jeffrey R. Immelt, chairman and CEO of General Electric, addresses the delegates at the 20th World Energy Congress & Exhibition in Rome, Wednesday, Nov. 14, 2007. The most authoritative international energy meeting, promoted by the World Energy Council (WEC), takes place once again after fifteen years in Europe and for the first time in Italy from Nov. 11 through 15.
Jeffrey R. Immelt, chairman and CEO of General Electric, addresses the delegates at the 20th World Energy Congress & Exhibition in Rome, Wednesday, Nov. 14, 2007. The most authoritative international energy meeting, promoted by the World Energy Council (WEC), takes place once again after fifteen years in Europe and for the first time in Italy from Nov. 11 through 15.
Jeffrey R. Immelt, chairman and CEO of General Electric, addresses the delegates at the 20th World Energy Congress & Exhibition in Rome, Wednesday, Nov. 14, 2007. The most authoritative international energy meeting, promoted by the World Energy Council (WEC), takes place once again after fifteen years in Europe and for the first time in Italy from Nov. 11 through 15.
Jeffrey R. Immelt, chairman and CEO of General Electric, addresses the delegates at the 20th World Energy Congress & Exhibition in Rome, Wednesday, Nov. 14, 2007. The most authoritative international energy meeting, promoted by the World Energy Council (WEC), takes place once again after fifteen years in Europe and for the first time in Italy from Nov. 11 through 15.