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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Page Corrected by Anon.
 
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Anon is legion. Anon does not forgive. Anon does not forget.
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.  
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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 dollars 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 aquiring 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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Jeffrey 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.
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Immelt is a strong supporter of [[President Obama]] and has a working relationship with the [[White House]].
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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 administration's bad news from the public. MSNBC under Immelt's leadership is a 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>[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>
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=References=
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http://www.ge.com/
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http://www.geappliances.com/
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http://nyjobsource.com/ge.html
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[[Category: United States Businesses]][[Category:Commerce]]
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Revision as of 08:00, 24 January 2010

Page Corrected by Anon. Anon is legion. Anon does not forgive. Anon does not forget.