Richard Clough –

GE’s surprise $15 billion shortfall was 14 years in the making

December 15, 2018 at 1:46 a.m.

The trouble at General Electric began decades ago when a hole started to form inside its sprawling financial unit. The hole became a $15 billion shortfall in insurance reserves, disclosed...

For Boeing chief, how cozy is too cozy in access to Trump

June 5, 2018 at 9:47 p.m.

Few companies have been as successful as Boeing Co. in building a cozy relationship with President Donald Trump. The question is how close is too close. The company found itself...

GE misses revenue estimates, weighed down by slump in oil market

June 6, 2018 at 6:19 a.m.

General Electric Co. reported fourth-quarter sales below analysts' estimates as the persistent slump in the oil market weighed on sales of industrial equipment. "Revenue clearly was a bit light. Their...

Boeing CEO Dennis Muilenburg, right, has vowed to work with the administration of President-elect Donald Trump.

Boeing sweats under Trump spotlight as SoftBank feels warmth

June 8, 2018 at 7:17 p.m.

First came Ford and Carrier. Now Boeing and SoftBank are experiencing the power of Donald Trump's Twitter feed. The president-elect jumped into corporate affairs again Tuesday, tweeting first to criticize...

GE uses hot sauce to burnish image with young recruits

June 11, 2018 at 1:08 a.m.

General Electric Co. is overhauling its business, moving away from finance toward big machines such as gas turbines and jet engines. Now the industrial behemoth has a new product to...

Four types of light bulbs (from left to right): compact fluorescent lamp (CFL), standard incandescent, new halogen incandescent, light-emitting diode (LED).

GE’s bright idea? Phase out compact fluorescent bulbs in 2016, shift to LEDs

June 9, 2018 at 1:02 a.m.

General Electric will stop producing compact fluorescent lights this year as the company founded by Thomas Edison shifts focus to more advanced bulbs. Light-emitting diodes, or LEDs, are growing in...

Hastert, aide testify before ethics panel on Foley scandal

August 21, 2021 at 4:26 a.m.

House Speaker Dennis Hastert testified Tuesday before an ethics subcommittee investigating conflicting accounts of his handling of complaints about a Republican congressman's suggestive messages to underage male congressional pages. The...

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