GeneralElectric

General Electric Co. (GE) said Friday that earnings grew 21 percent in the second quarter as its GE Capital lending arm continued to recover from the recession. The industrial and financial giant reported income of $3.76 billion, or 35 cents per share, for the three months ended June 30. That...

GE's CEO says that his company will be investing in manufacturing in its leading markets, including the U.S. In an interview, Jeffrey Immelt said that manufacturers need to produce goods where they sell them.

General Electric has issued a widespread recall for a number of models of microwave/oven combo units sold between January of 2000 and December of 2003. Apparently, the door switch of the microwave can overheat enough to set the plastic on fire. Microwaves, as you know, aren't intended for cooking...