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GE chief has resigned from New York Fed board

Jeffrey Immelt, the chief executive officer for General Electric Co., has resigned from the board of the Federal Reserve Bank of New York, citing increased demands on his time. Full story

NY Fed says GE's Jeffrey Immelt resigns from its board

NEW YORK (Reuters) - General Electric <GE.N> Chief Executive Jeffrey Immelt resigned from the New York Federal Reserve Bank's board of directors last month, the regional central bank said on Thursday. Full story

GE ties Immelt's options to stock price, cash flow

BOSTON (Reuters) - General Electric Co <GE.N> said it imposed new conditions on stock options its board awarded Chief Executive Jeff Immelt, tying them to the company's cash flow and its stock price versus the widely watched Standard & Poor's 500 index <.SPX>. Full story

GE CEO says will help Japan nuclear plant operator supply power

TOKYO (Reuters) - General Electric Co <GE.N>, which helped build the Fukushima Daiichi nuclear power plant damaged by Japan's earthquake and tsunami, will help the plant's operator supply electricity in the coming summer when power demand soars. Full story

GE CEO defends tax record

   Jeffrey Immelt on Thursday said the company paid no federal income taxes in 2010 because of of losses during the financial crisis and that he does not intend to resign from the president's jobs council. NBC's Lisa Myers reports.

GE's Immelt takes first bonus since 2007

NEW YORK (Reuters) - General Electric Co <GE.N> paid Jeffrey Immelt a $4 million cash bonus in 2010, following two years when the chief executive of the largest U.S. conglomerate declined a payout in the face of sliding profits. Full story

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  Obama stresses jobs before State of the Union

CNBC John Harwood tells TODAY's Lester Holt that President Barack Obama seems to be shifting his message to focus on job creation ahead of next week's State of the Union address.

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Related Photos

General Electric CEO and Chairman Jeffrey Immelt © Yuriko Nakao / Reuters file
General Electric CEO and Chairman Jeffrey Immelt © Yuriko Nakao / Reuters file

General Electric CEO and Chairman Jeffrey Immelt gives a speech during a conference on "Establishing healthcare as a source of growth" in Tokyo, in this May 31, 2010 file photograph. U.S. President Barack Obama will name Immelt to head a new advisory panel focused on promoting economic growth by inv

File photo of General Electric CEO and Chairman Jeffrey Immelt giving a speech during a conference in Tokyo
File photo of General Electric CEO and Chairman Jeffrey Immelt giving a speech during a conference in Tokyo

General Electric CEO and Chairman Jeffrey Immelt. U.S. President Barack Obama will name Immelt to head a new advisory panel focused on promoting economic growth by investing in business.