Engineers have demonstrated an inexpensive handheld device that can analyze up to 170,000 different molecules in a blood sample. The stapler-sized unit might one day make a doctor’s office checkup a thing of the past.
Engineers at GE's wind power unit developed a new 450-foot tall "space frame" tower that could allow wind farm operators to build turbines in places that were previously inaccessible.
Jeff Immelt, GE chairman and CEO, writes in the company's 2013 Annual Report, which GE released today, about the benefits of looking at innovation with a broad lens.
The theme of the Annual Report, and Immelt’s letter to shareowners, is "Progress," which, he writes, is reflected in GE's ability to spread ideas and technology across the entire company.
CEO Jeff Immelt in Annual Letter to Shareowners: "We are transforming GE around the culture of Simplification."
GE today released its 2013 Annual Report, available at www.ge.com/annualreport. The title of the report is "Progress," also the theme of GE Chairman and CEO Jeff Immelt's letter to shareowners. "Progress is about getting better, being better, doing better; this is why GE people get up every day," Immelt writes.
SCOTTSDALE, AZ --- GE Capital's Franchise Finance business announced today that it has provided $80 million in senior debt to BurgerBusters Inc., a Taco Bell franchisee. GE Capital served as administrative agent and GE Capital Markets served as lead arranger and bookrunner on the transaction.
BurgerBusters will use the capital to refinance existing debt and to purchase some of its restaurant locations. Based in Virginia Beach, VA, it operates 83 Taco Bell restaurants.
