Difference between revisions of "General Electric"

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[[Thomas Edison]] established the ''Edison General Electric Company'' in 1890. Edison's company and the Thomson-Houston Company combined in 1892 to form the '''General Electric Company'''. The company worked to develop electrical innovations, and grew to be one of the major businesses in the United States.
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'''General Electric''' (also popularly known as '''GE''') can refer to:
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*[[General Electric (conglomerate)]], at one time one of the largest and most important businesses in America
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Today General Electric produces a wide variety of electrical products designed for home use by consumers: lamps and lighting, large appliances such as stoves, refrigerators, washers and dryers, small appliances such as fans, and hair dryers, and has subdivisions to produce products for wider use in areas of: industry, aviation, and medical equipment.
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*[[GE Aerospace]], the legal successor to the conglomerate
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GE's main headquarters is in Fairfield, CT. (USA). The current CEO is Jeffrey Immelt. General Electric is the only company listed in the original [[Dow Jones]] Industrial Index of 1896 that is still listed today. The company grossed over $163 billion in 2006, with a net profit of over $20 billion.
 
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General Electric also owns NBC Universal, which operates the [[NBC]] television network, CNBC, MSNBC, the SciFi Channel, USA Network, the Spanish language station [[Telemundo]], and [[Universal Studios]]. The company is still expanding and acquiring new companies, and in 2006 purchased a large UK company, Smith's Aerospace, for $4.8 billion.
 
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The small company founded by Thomas Edison is now one of the largest and most profitable companies in the United States, and employs more than 300,000 people worldwide.
 
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==Criticisms==
 
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Under [[Jeffrey Immelt]]'s direction, GE has shipped ''tens of thousands'' of good jobs outside the United States.<ref>[http://beforeitsnews.com/story/892/639/GE_CEO_Jeffrey_Immelt,_The_Head_Of_Obama_s_Jobs_Council,_Is_Moving_Jobs_And_Economic_Infrastructure_To_China_At_A_Blistering_Pace.html GE CEO Jeffrey Immelt, The Head Of Obama’s Jobs Council, Is Moving Jobs And Economic Infrastructure To China At A Blistering Pace, BeforeItsNews.com, August 1, 2011]</ref>  As Head Of Obama’s Jobs Council, Immelt guarantees joblessness to remain at the highest levels.
 
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Immelt was blamed for supplying equipment to [[Iran]] while Iran was funding the deaths of U.S. troops in [[Iraq]]. Iran is on a terror list prohibited from doing business with U.S. companies.
 
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Immelt continues to refuse to step down as CEO even as he is responsible for driving down the value of GE's financial holdings.<ref>''[[Jeff Immelt]] slashed thousands of jobs at [[GE]], can he fix the [[U.S.]] [[economy]]?'' [http://www.foxnews.com/on-air/glenn-beck/index.html#/v/4522032/meet-obamas-job-czar/?playlist_id=86917 Meet Obama's Job 'Czar'], FoxNews.com, February 2, 2011.</ref>
 
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In 2011, Immelt's NBC division has a minority stake of 49% in MSNBC, with Comcast taking majority ownership. The MSNBC channel is known for fake news and slander, the [[Air America]] of television. Also, a channel that is a cheerleader for Obama and routinely hides the administration's bad news from the public. MSNBC under Immelt's leadership is pure [[Democrat Media Complex]],  partisan driven—propaganda channel. 
 
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Immelt's General Electric has announced that it will use [[embryonic stem cells]] provided by Geron Corporation for the purpose of testing toxic effects of drug treatments.<ref>[https://www.lifesitenews.com/ldn/2009/jul/09070116.html General Electric to Use Embryonic Stem Cells for Testing, Phase Out Lab Rats] Lifesitenews.com, July 1, 2009</ref>
 
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A book by [[Henry Paulson]] says Immelt begged for government bailouts at least four times. Fox Business analyst Cody Willard says that at the same time Immelt was asking for bailouts, he was telling investors that "We [GE] have had no problems with our own commercial paper [loans]." <ref>[http://video.foxbusiness.com/v/4015256/cody-prosecute-jeff-immelt Cody: Prosecute Jeff Immelt, Fox Business, February 13, 2010]</ref> Deceitful financial statements are in direct violation of SEC rules.
 
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== See also ==
 
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* [[Thomas Edison]]
 
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* [[Electricity]]
 
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* [[American Inventions]]
 
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* [[:Category:American Inventions]]
 
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* [[:Category:British Inventions]]
 
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[[Category:American Inventors]]
 
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[[Category:American Inventions]]
 
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[[Category:United States History]]
 
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[[Category:Economic History]]
 
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[[Category:Technology]]
 
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==References==
 
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<references/>
 
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==External links==
 
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*[http://www.ge.com GE website]
 
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[[Category:United States Businesses]][[Category:Commerce]]
 

Latest revision as of 13:36, March 14, 2026

General Electric (also popularly known as GE) can refer to:

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