General Electric announced Monday it will sell its Biopharma unit to Danaher for $21.4 billion in cash as it reduces debt amid an ongoing corporate turnaround effort.
Business
Feb 25, 2019
0
14
General Electric shares rocketed higher Thursday despite disappointing quarterly earnings after the company announced a preliminary settlement with US officials over subprime mortgages.
Business
Jan 31, 2019
0
4
General Motors has announced it's shuttering five production facilities and killing six vehicle platforms by the end of 2019 as it reallocates resources towards self-driving technologies and electric vehicles.
Automotive
Dec 18, 2018
0
5
Japan's Hitachi on Monday announced plans to buy a majority stake in the power grid business of Swiss-Swedish engineering giant ABB for $6.4 billion, in what would be its biggest ever buyout.
Business
Dec 17, 2018
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10
Japan's Hitachi is moving to purchase the power grid business of Swiss engineering giant ABB for a deal worth as much as $7.05 billion, local media reported Wednesday.
Business
Dec 12, 2018
0
69
In a renovated old cash register factory in suburban Detroit, 300 engineers are toiling away on an all-electric pickup truck and an SUV that they hope can take on Tesla.
Business
Nov 26, 2018
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6
Safety regulators are ordering that engine software be replaced on some Airbus passenger jets because of a problem that has caused pilots to abort several takeoffs in cold weather.
Automotive
Oct 10, 2018
0
6
Japanese carmaker Honda has joined forces with the General Motors tech startup Cruise to develop autonomous vehicles as the race to market self-driving cars heats up, the companies announced Wednesday.
Automotive
Oct 3, 2018
0
6
Brazilian police arrested General Electric's Latin America CEO Daurio Speranzini Junior on Wednesday as part of a probe into suspected fraud and corruption by multinational companies in the Rio de Janeiro state health system.
Business
Jul 4, 2018
0
53
Honda Motor Co. of Japan and U.S. automaker General Motors Co. agreed Thursday to work together in developing batteries for electric vehicles, mainly for the North American market.
Energy & Green Tech
Jun 7, 2018
0
7
