There were company-specific debacles that sank some of the gorillas, such as Goldman Sachs, Apple, and – oh gosh, not again – GE; and there was the general issue of fears circulating that the bull...
Turbines built by GE create a third of the world’s electricity. But with a $9.8 billion loss and the looming risk of being dropped from the Dow, GE is in a real-time meltdown. From New...
The US industrial giant – General Electric has slashed its dividend in half amid plans to significantly retool the conglomerate on the back of annual profit projections that were well below what investors had been...
There is a misconception about the uncanny ability of very profitable US companies, like Microsoft and Apple, to park their profits overseas in order to dodge US taxes: the money from these profits that are...
