General Electric
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General Electric is a large American company that operates in many different industries, from power generation and aviation to healthcare and finance. It matters because its businesses touch many aspects of modern life, and its financial health and business decisions have broad impacts on the economy and various sectors.
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General Electric (GE) was an American multinational conglomerate founded in 1892, incorporated in the state of New York and headquartered, during its final year of operation, in Boston.
Over the years, the company had multiple divisions, including aerospace, transportation, energy, healthcare, lighting, locomotives, appliances, and finance. In 2020, GE ranked among the Fortune 500 as the 33rd largest firm in the United States by gross revenue. In 2023, the company was ranked 64th in the Forbes Global 2000. In 2011, GE ranked among the Fortune 20 as the 14th most profitable company, but later very severely underperformed the market (by about 75%) as its profitability collapsed. Two employees of GE—Irving Langmuir (1932) and Ivar Giaever (1973)—have been awarded the Nobel Prize. From 1986 until 2013, GE was the owner of the NBC television network through its purchase of its former subsidiary RCA before its acquisition of NBC's parent company NBCUniversal by Comcast in 2011.
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1892 establishments in New York (state)2024 disestablishments in New York (state)American companies disestablished in 2024American companies established in 1892Clock manufacturing companies of the United StatesCompanies formerly listed on the New York Stock ExchangeCompanies in the Dow Jones Global Titans 50Conglomerate companies disestablished in 2024Conglomerate companies established in 1892Conglomerate companies of the United States