Immelt

Corporate profits are booming again, but President Obama's popularity is sinking fast, even among his former supporters on Wall Street and in big business. As the crucial fall elections loom, the shift in sentiment could have an impact on the markets.

General Electric Co. (GE) backtracked from comments reportedly made by CEO Jeffrey Immelt in which he criticized President Barack Obama and Chinese trade policy. In an article in the Financial Times, Immelt was reported as saying that Obama and U.S. business had a hostile relationship. The U.S....

GE Corp. (GE) CEO Jeffrey Immelt came to the Web 2.0 Summit in San Francisco Tuesday to show off an impressive pocket-sized ultrasound device that's not much bigger than an iPhone. The device was amazingly sleek and could prove both useful and an affordable option amidst a sea of red ink in...

A day after General Electric Co. (GE) CEO Immelt said growth will be "harder to come by," ecomagination released its 2008 annual report (pdf), outlining achievements and goals. Before I get to Immelt's comments, some of which seem to be at odds with each other, the ecomagination report deserves a...

In 2006, I wrote a post on the possible successors to General Electric Co. (GE) CEO Jack Welch, giving the winner of the succession battle a gentleman's C. Jeff Immelt, who took the baton from Welch, was presiding over a steady decline in GE's stock price -- it's down 70 percent since he took over....

General Motors (GM) and General Electric Company (GE) used to be the most highly respected names in corporate America. Now their reputations and stock prices are shot. So is the credibility of their CEOs. And since their boards -- whose legal role is to protect the shareholders -- have protected...