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add GE criticism section
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 and has subdivisions to produce products for wider use in areas of: industry, aviation, and medical equipment.
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 and has subdivisions to produce products for wider use in areas of: industry, aviation, and medical equipment.
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 has shown increasing profits every year, and grossed over $163 billion dollars in 2006, with a net profit of over $20 billion.
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 dollars in 2006, with a net profit of over $20 billion.
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 aquiring new companies, and in 2006 purchased a large UK company, Smith's Aerospace, for $4.8 billion.
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 aquiring new companies, and in 2006 purchased a large UK company, Smith's Aerospace, for $4.8 billion.
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.
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.
==Criticisms==
Jeffery Immelt was blamed for supply equipment to Iran while Iran was funding the the deaths of U.S. troops in Iraq. Iran is on a list prohibited from doing business with U.S. companies.
Immelt continues to refuse to step down as CEO even as he is responsible for driving down the value of GE's financial holdings.
Immelt is a strong supporter of President Obama and has a working relationship with the White House.
Immelt is the owner of MSNBC, a channel known for fake news and slander. Also, a channel that is a cheerleader for Obama and routinely hides the administrations bad news from the public. MSNBC under Immelt's leadership is a partisan driven propaganda channel.
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>[http://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>
=References=
=References=