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GE Capital

GE Sells Another Banking Unit to Sharpen Focus on Industrial Businesses

June 08, 2015
GE said today it would sell its U.S. Sponsor Finance business for approximately $12 billion to Canada Pension Plan Investment Board. The deal marks another big milestone on GE’s path to sell most of its banking businesses and return to industrials, a strategic shift the company announced in April.
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Innovation

Diamonds Weren’t Forever in the GE Store, but Carbon Will Be

May 21, 2015

In 1954, GE researcher H. Tracy Hall and three colleagues built a machine that squeezed carbon so hard it turned into nature’s hardest substance: diamond. Their discovery earned the team a spot in America’s National Inventors Hall of Fame, but it didn’t lead GE into the bling business. Instead, the company used the stones to make tools for cutting and polishing metals, glass and even teeth.

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GE Aviation

These Space-Age Ceramics Will Be Your Jet Engine’s Next Cup of Tea

May 15, 2015
Humans have been living with ceramics for 25,000 years. We’ve been using them for cups, pipes, pottery and many other handy everyday objects. But the light, strong, and heat resistant material has one fatal flaw, which has kept it confined mainly to the cupboard. “When you hit it, it fails catastrophically,” says Krishan Luthra, chief scientist for manufacturing and materials technologies at GE Global Research in New York. “I thought it would be the Holy Grail if we could get it inside machines, and get more power and savings out of our engines. It could really make an impact.”
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GE Store

GE Chairman and CEO Jeff Immelt’s Annual Letter to GE Shareholders: 2014

March 16, 2015
Last November, RBC analyst Deane Dray published a research note talking about the speed of transformation at GE. “The theme now at GE is ‘change,’” he wrote.
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GE Capital

Industrial Evolution: GE Details 2014 Results

January 22, 2015

GE announced its 2014 results this morning, capping a year in which the company launched the biggest acquisition bid in its history for Alstom, took public its consumer lending business, Synchrony, and announced the sale of its Appliances business to Electrolux.

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Scott Miller: WTO Trade Facilitation Agreement — Will the `Self-Help’ Program Succeed?

Scott Miller Center For Strategic And International Studies
January 05, 2015
We have just passed the one-year anniversary of the WTO’s ninth Ministerial Conference in Bali, where members decided to adopt the agreement on trade facilitation. After overcoming some mid-year theatrics in Geneva, the WTO’s General Council closed 2014 by adopting the Trade Facilitation Agreement (TFA) protocol and opening it for acceptance by members. This marks the first fully multilateral agreement adopted by the WTO since its creation 20 years ago.
 
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Francisco J. Sánchez: Synchronized Factories — The Key to Latin America’s Industrial Future

Francisco J Sanchez Cns Global Advisors
December 29, 2014
In 2005, Bombardier, the Canadian aerospace and transportation company, opened the doors of a factory in Querétaro, Mexico. At the time, the move seemed like a serious gamble. Though Mexico offered low wages compared to Canada, could it provide Bombardier with the environment required for such a highly technical manufacturing plant?
 

Almost 10 years later, it is clear that the gamble paid off. The factory has flourished and employs more than 1,800 workers. Bombardier continues to generate profits from its Mexico plants and is expanding there.
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Bruce Katz and Mark Muro: What States Need to Do to Grow Their Advanced Industries

Bruce Katz Brookings Institution
Mark Muro Brookings
December 22, 2014
Voters said unequivocally in this year’s midterm elections that economic growth and quality jobs are their top concerns. The divided federal government that resulted from those elections seems likely to take incremental but not transformative steps on critical economic issues. In other words, less gridlock but little impact.
 
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Andrew Tatem: How Mobiles Could Aid Disaster Response

Andrew Tatem Worldpop
December 19, 2014
There are now more mobile phones in use than there are people in the world to use them — some 7.2 billion phones. Mobile phones are becoming integral parts of our lives, penetrating into areas of the developing world that lack much of the fixed infrastructure taken for granted elsewhere. This makes them an excellent potential source of information about population movements.
 
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Annual Outlook

Industrial Growth: What’s Next for GE in 2015

December 16, 2014
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