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Hess to split chairman, CEO roles as vote looms

(Reuters) - Hess Corp <HES.N> plans to split the roles of chief executive and chairman and appoint a former General Electric executive to head its board, countering efforts by an activist investor to shake up management at the oil and gas producer. Full story

GE says tax changes fuel 1 gigawatt of new wind orders

(Reuters) - General Electric Co <GE.N> said on Monday the renewal of the U.S. production tax credit has helped it sell wind turbines with 1 gigawatt of generating power since January. Full story

GE settles crisis-era shareholder lawsuit for $40 million

(Reuters) - General Electric Co <GE.N> agreed to pay $40 million to settle a shareholder lawsuit accusing the company of misleading investors about its health during the 2008 financial crisis, court papers show. Full story

GE sues utility as dredging restarts on Hudson

General Electric Co. has filed a lawsuit against National Grid seeking money from the utility for a share of costs for the $1 billion-plus Superfund cleanup of contaminated sediment from the upper Hudson River. Full story

After Newtown, GE takes additional steps to stop all loans to gun shops

(Reuters) - General Electric Co discovered it was financing a small number of firearm purchases in the wake of the Newtown, Connecticut, school shootings - despite deciding five years ago to avoid the practice - and moved to stop future loans, the company said on Wednesday. Full story

GE shareholders reject proposal to split chmn, CEO jobs

(Reuters) - General Electric Co <GE.N> shareholders rejected a proposal to split the roles of chairman and chief executive, jobs currently held by Jeff Immelt, GE said on Wednesday. Full story

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Articles

GE trims profit outlook on Europe weakness; stock slumps

GE profit meets Street on strong jet engine sales

GE profit jumps 16 percent in first-quarter

GE to buy oil pump maker Lufkin for nearly $3 billion

Malaysia's Khazanah bids for GE's $1.8billion Thai bank stake: sources

GE to return $18 billion to shareholders after early NBC deal

Video

  GE's Transformation

General Electric is paying $3.3 billion for Lufkin Industries to expand its oil and gas equipment business, reports CNBC's Mary Thompson. What this means for the company, with Daniel Holland, Morningstar, and Christopher Glynn, Oppenheimer & Co.

  Fueling General Electric's Future

General Electric is selling its remaining 49 percent stake in NBCUniversal to Comcast, with CNBC's Mary Thompson; and Steve Winoker, Sanford Bernstein, weighs in.

  General Electric's Conference Call

General Electric is at a 52-week high, reports CNBC's Mary Thompson. General Electric executives are taking questions in regards to the sale of NBCUniversal to Comcast.

  Porter Bibb: Comcast Is Undervalued

Comcast is purchasing the remaining 49 percent stake of NBCUniversal from General Electric, with Porter Bibb, MediaTech Capital Partners; Dan Holland, Morningstar; and CNBC's David Faber.

  Three Things to Watch in This Market Now: Darst

General Electric and Morgan Stanley among the day's big winners. CNBC's Bertha Coombs has the details on today's earnings. And, David Darst, Morgan Stanley Wealth Management; and Joshua Brown, Fusion Analytics, discuss what's in store for next week's m...

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Related Photos

Jeff Immelt, Chairman and CEO of General Electric appears at a news conference announcing the Head Health Initiative along with the National Football League (NFL) in New York
Jeff Immelt, Chairman and CEO of General Electric appears at a news conference announcing the Head Health Initiative along with the National Football League (NFL) in New York

Jeff Immelt, Chairman and CEO of General Electric appears at a news conference in New York March 11, 2013. REUTERS/Mike Segar

In this staged photo from General Electric, a stranded motorist calls a service station from an in-car cellular phone, 1983. Mobile telephone service is now available in the Chicago area and soon to be available in Seattle, Phoenix, Denver, Minneapolis-St. Paul and Los Angeles as well as Canadian c

Jeff Immelt, Chairman and CEO of General Electric and Roger Goodell, Commissioner of the NFL, greet Sue Siegel, CEO of GE's Healthymagination during a news conference in New York
Jeff Immelt, Chairman and CEO of General Electric and Roger Goodell, Commissioner of the NFL, greet Sue Siegel, CEO of GE's Healthymagination during a news conference in New York

Jeff Immelt , Chairman and CEO of General Electric and Roger Goodell , Commissioner of the National Football League , greet Sue Siegel, CEO of GE's Healthymagination as they appear at a news conference announcing the Head Health Initiative in New York, March 11, 2013. The National Football League an

Jeff Immelt, Chairman and CEO of General Electric and Roger Goodell, Commissioner of the National Football League (NFL), speak together during a news conference announcing the Head Health Initiative in New York
Jeff Immelt, Chairman and CEO of General Electric and Roger Goodell, Commissioner of the National Football League (NFL), speak together during a news conference announcing the Head Health Initiative in New York

Jeff Immelt , Chairman and CEO of General Electric and Roger Goodell, Commissioner of the National Football League , speak together during a news conference announcing the Head Health Initiative in New York, March 11, 2013. The National Football League and General Electric Co are teaming up to impro