General Electric Co. will take a $6.2 billion charge for the fourth quarter as the manufacturing behemoth grapples with lingering problems in a legacy insurance business. The after-tax charge will be $7.5 billion when adjusted to the rate following the …
A federal judge refused on Thursday to throw out a lawsuit accusing General Electric Co and its chief executive of misleading investors about the conglomerate’s financial health and exposure to risky debt during the 2008 financial crisis. The decision by …
General Electric Co. jumped into the retail deposits business on Tuesday, buying the online bank from life insurer MetLife Inc. in a deal that will let GE’s capital arm expand its funding base and lessen reliance on wholesale markets. MetLife …
