FAIRFIELD, Conn.--(BUSINESS WIRE)--March 4, 2003--The world changed on September 11, 2001, and so did the way most people think about security. New security threats have caused homeowners, corporations, and the U.S. government to examine their vulnerabilities and increase their security spending accordingly. The government's General Accounting Office reports that $561 million was spent on airport security alone in 2002 - representing a dramatic increase above the $57 million spent in 2000.
KANSAS CITY, Mo.--(BUSINESS WIRE)--Feb. 27, 2003--From Marbury v. Madison to Martin Luther King, the pursuit of freedom has been a common theme throughout history. Kansas City area GE businesses (GE ERC, GE Consumer Finance, and GE Transportation Systems Global Signaling) are joining Kansas City Public Television (KCPT) to bring this important story to Kansas City.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 14, 2003--The Board of Directors of General Electric Company (NYSE:GE) today authorized a regular quarterly dividend of $0.19 per outstanding share of the Company's common stock.
The dividend is payable April 25, 2003 to shareowners of record at the close of business on February 28, 2003. The ex-dividend date is February 26, 2003.
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PALO ALTO, Calif.--(BUSINESS WIRE)--Feb. 6, 2003--The Electricity Innovation Institute (E2I), an affiliate of the Electric Power Research Institute (EPRI), has selected a team headed by GE Global Research to assist in the initial development of an industry-wide architecture to meet the emerging needs of a digital society.
The 18-month, multi-million dollar project will define an overall technical framework for the design of communications and intelligent equipment necessary to support the "smart grid" electric system of the future.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Feb. 4, 2003--
Before planes, trains and ships, people had two options: walk or trot. Today, we often take for granted our global accomplishments in mobility. This latest installment of GE's Innovation Update highlights some of the latest transportation innovations that will help us accomplish our travel needs, whether for work or play.
GE's Evolution Series Locomotive Exceeds EPA Standards
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Jan. 27, 2003--The General Electric Company today announced that Marc J. Saperstein has been named to the newly created role of vice president, corporate citizenship, to oversee GE's philanthropic and volunteer efforts.
Saperstein will oversee the GE Fund, GE's 50-year-old philanthropic foundation, as well as GE Elfun, GE's global organization of employees and retirees committed to improving communities through volunteerism. The GE family contributed more than $120 million to community and educational institutions last year.