NISKAYUNA, N.Y.--(BUSINESS WIRE)--GE Global Research, the centralized research organization of the General Electric Company (NYSE: GE), today announced that it has received a $900,000 grant from National Human Genome Research Institute (NHGRI), part of the National Institutes of Health (NIH), to develop breakthrough technologies that will enable a human-sized genome to be sequenced for under $1,000 and take less than one day to complete. With current technology, the cost is now estimated to be between $10 million to $50 million and the time of sequencing takes at least one year.
NISKAYUNA, N.Y.--(BUSINESS WIRE)--GE (NYSE: GE) today announced a $13 million research partnership with the Federal Transit Administration, Ballard Power Systems and A123 Systems to develop a lightweight, battery dominant zero emissions hybrid fuel cell bus. The research will be led by GE's Global Research Center in Niskayuna, where researchers can leverage a long history in hybrid vehicles and expertise in battery chemistry.
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STAMFORD, Conn.--(BUSINESS WIRE)--The Stamford Public School district has been awarded a $15.3 million, five-year grant from the GE Foundation's College Bound District Program, the district and the Company announced today. The grant, the largest non-government grant in the district's history, is designed to improve student achievement and increase college readiness through comprehensive school/business/community collaboration.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--Today, GE announced education grants totaling $35 million in two public school districts: $20 million to Cincinnati, Ohio; and $15 million to Stamford, CT. Both are the largest non-governmental grants ever received by the districts. The grants are a part of GE's successful "College Bound" program, a five-year, $100 million investment to help increase the number of students who go on to college in targeted U.S. school districts.
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FAIRFIELD, Conn.--(BUSINESS WIRE)--GE announced today record third-quarter earnings from continuing operations of $5.1 billion or $.49 per share, up 10% and 14%, respectively, from third-quarter 2005. Revenues from continuing operations were $40.9 billion, up 12% from last year's third quarter.
"Our portfolio changes and long-term strategy are paying dividends," said GE Chairman and CEO Jeff Immelt. "The markets where we compete continue to be favorable for GE and our businesses are experiencing significant tailwinds.
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NISKAYUNA, N.Y.--(BUSINESS WIRE)--GE today announced it has successfully developed and delivered a 6 kW prototype of a Solid Oxide Fuel Cell (SOFC) system to the U.S. Department of Energy (DOE)/National Energy Technology Laboratory (NETL) for testing as part of a multi-year research program under the Department's Solid State Energy Conversion Alliance (SECA) Coal-Based Systems program.
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NISKAYUNA, N.Y.--(BUSINESS WIRE)--GE Global Research, the centralized research organization of the General Electric Company (NYSE: GE), today announced that it has been awarded Popular Mechanics magazine's 2006 Breakthrough Award for its development of an advanced hydrogen electrolyzer. The awards program, initiated last year, recognizes valuable work in science and technology that can play a critical role in improving lives, expanding knowledge and building a better future.
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Working Mother 2007
GE's flex work options and the increasing ranks of women officers are among the reasons it is once again named a "Best Company" for working mothers.
Working Mother cites GE's flex work options and the increasing ranks of women officers among the reasons it is a "Best Company" for working mothers.
Learn more about the award at "Working Mother"