Industrial conglomerates

In this Oct. 8, 2019, photo, Associated Press journalists visit the Sustainability Pavilion at the under construction site of the Expo 2020 in Dubai, United Arab Emirates. Its Sustainability Pavilion, which recalls the towers of New York’s 1964 world’s fair, will be covered in solar panels and surrounded by similarly paneled “energy trees” to make it a zero-energy structure. (AP Photo/Kamran Jebreili)
October 17, 2019 - 6:24 am
DUBAI, United Arab Emirates (AP) — It rises out of what were once rolling sand dunes stretching toward the horizon, a feverish construction site by tempo and temperature that has tens of thousands of workers building what looks like a new city in the desert of Dubai. This is the site of Expo 2020,...
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FILE - In this May 18, 2017, file photo, a robotic arm with a high-intensity blowtorch is remotely operated to test ceramic matrix composites, which make engines more durable, heat-resistant and efficient, at the General Electric Aviation plant in Evendale, Ohio. General Electric Co. said Monday, Oct. 7, 2019, that it will freeze its pension plan for about 20,700 salaried workers as part of its debt-cutting plan. (AP Photo/John Minchillo, File)
October 07, 2019 - 2:45 pm
NEW YORK (AP) — General Electric is freezing the pension plans of about 20,000 of its workers and offering pension buyouts to 100,000 former employees as it attempts to reduce its mountain of debt. The industrial conglomerate has been selling off assets and streamlining its operations amid sagging...
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FILE - In this March 18, 2019, file photo trader Joseph Lawler works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 30. (AP Photo/Richard Drew, File)
April 30, 2019 - 5:05 pm
Wall Street capped a day of mostly wobbly trading with meager gains Tuesday, enough to nudge the S&P 500 to an all-time high for the third straight day. The benchmark index spent much of the day hovering below its previous high, but edged up in the last few minutes of trading. Household goods...
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FILE- In this Jan. 16, 2018, file photo the General Electric logo is displayed at the top of their Global Operations Center in the Banks development of downtown Cincinnati. General Electric Co. reports financial results Thursday, Jan. 31, 2019. (AP Photo/John Minchillo, File)
January 31, 2019 - 9:56 am
BOSTON (AP) — After years of belt-tightening and spinoffs that ate into both revenue and profit, General Electric Co. reported fourth-quarter net income of $761 million, sending shares up 10 percent in at the opening bell. The company also announced a $1.5 billion settlement Thursday with the...
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November 29, 2018 - 7:35 pm
RALEIGH, N.C. (AP) — Industrial conglomerate Honeywell International Inc. is expected to announce that it is moving its headquarters from New Jersey to Charlotte, North Carolina. An economic development official familiar with discussions between state officials and the company told The Associated...
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November 26, 2018 - 6:51 pm
NEW YORK (AP) — Industrial conglomerate United Technologies is planning to break itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company based in Farmington, Connecticut, scheduled a call with investors...
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FILE - In this Jan. 16, 2018 file photo, the General Electric logo is displayed at the top of their Global Operations Center, in the Banks development of downtown Cincinnati. General Electric Co. reports earnings Tuesday, Oct. 30. (AP Photo/John Minchillo, File)
October 30, 2018 - 1:32 pm
General Electric slashed its quarterly dividend and announced it will restructure its power business, as the industrial conglomerate struggles with sagging profits and a spate of bad news. The company announced a $22 billion charge in its power division and swung to a third-quarter loss that was...
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In this photo taken on Wednesday, Oct. 3, 2018, white smoke billows from the courtyard of Saudi Arabia's consulate in Istanbul. A video shared by a television channel that is close to Turkey's government broadcasted on Monday, Oct. 22, 2018 appears to show three men burning documents at the Saudi Consulate's backyard a day after Saudi writer Jamal Khashoggi was killed. A Haber news channel said the surveillance camera video - allegedly showing "evidence" being burned inside a drum - was recorded on Oct. 3. (AP Photo/Lefteris Pitarakis)
October 22, 2018 - 3:15 pm
ISTANBUL (AP) — The latest on the fallout from the killing of Saudi journalist Jamal Khashoggi at the kingdom's consulate in Istanbul (all times local): 10:10 p.m. Canadian Prime Minister Justin Trudeau has called an emergency meeting with Cabinet ministers and senior government officials to...
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