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General Electric

IRS Topic 556: Alternative Minimum Tax

Peter Neill | Posted 05.30.2011 | Business
Peter Neill

IRS.gov describes Topic 556 -- Alternative Minimum Tax -- as follows: The tax laws provide tax benefits for certain kinds of income and allow special ...

Twitter Parody Account Mocks GE's Creative Accounting

Posted 05.30.2011 | Comedy

After a New York Times story reported that due to some creative accounting, General Electric paid $0 in American taxes in 2010, GE's most prominent de...

Is NBC News Ducking Story About Parent Company?

The Washington Post | Paul Farhi, Tuesday, March 29, 8:24 PM | Posted 05.30.2011 | Media

It's the kind of accountability journalism that makes readers raise an eyebrow, if it doesn't raise their blood pressure first. General Electric Co., ...

Over Half Of CEOs Plan To Hire This Summer, Survey Finds

Reuters | Scott Malone | Posted 05.30.2011 | Business

By Scott Malone BOSTON (Reuters) - U.S. chief executives' view of the economy brightened in the first quarter, with more than half now ready to...

GE: "Imagination at Work" in Building the Corporate State

Miles Mogulescu | Posted 05.30.2011 | Business
Miles Mogulescu

GE, America's largest corporation, provides the classic example of how the modern corporate state operates.

Obama's Fatal Addiction

Robert Scheer | Posted 05.29.2011 | Business
Robert Scheer

Obama seems fatally addicted to the notion that the heavy hitters who got us into this financial mess are the very folks to be trusted to get us out of it.

Weekly Audit: Wolf in Sheep's Clothing--The Myth of Fiscal Conservatism

The Media Consortium | Posted 05.29.2011 | Politics
The Media Consortium

By Lindsay Beyerstein, Media Consortium blogger Fashionable pundits like to say that the Republican Party has shifted its focus from "social conservat...

GE Buys French Company For $3.2 Billion

Posted 05.29.2011 | Business

BOSTON (By Scott Malone) - General Electric Co reached a $3.2 billion agreement to acquire a maker of automation systems used in the oil and gas s...

The People's Journalist, Bob Herbert, Steps Down at The New York Times

Pearl Korn | Posted 05.28.2011 | Media
Pearl Korn

No one will replace Bob Herbert at the Times, and that is our great loss, for his kind of journalism is a rarity. But, we will be watching and waiting to see what this journalists' journalist -- and our friend -- comes up with.

An American Industrial Renaissance?

Robert Kuttner | Posted 05.27.2011 | Business
Robert Kuttner

In the sorting out of the wreckage after Japan's earthquake and tsunami, many Americans have begun paying more attention to a phrase they had barely known -- "supply chains."

End Tax Breaks for Profitable Corporations

Sen. Bernie Sanders | Posted 05.27.2011 | Politics
Sen. Bernie Sanders

Before Congress cuts funding for Head Start, Social Security, and financial aid for college, we have got to make sure that large, profitable corporations are paying their fair share of taxes.

Finally, Integrity: Lawrence O'Donnell Criticizes His Network's Owner (GE) for Paying No Taxes

Paul Abrams | Posted 05.26.2011 | Media
Paul Abrams

Lawrence O'Donnell spent an entire segment criticizing his show's part-owner, General Electric, for paying no income taxes on over $5B of profits in 2010. Now, that is integrity writ-large.

Plutocracy: GE Doesn't Pay Taxes -- Taxpayers Pay GE

Dave Johnson | Posted 05.25.2011 | Business
Dave Johnson

Not only did GE, the highly-profitable recipient of federal contracts and bailout money, not pay taxes, we paid them $3.2 billion.

General Electric: King of the Tax Dodgers

Chuck Collins | Posted 05.25.2011 | Business
Chuck Collins

General Electric Company -- known for its light bulbs, refrigerators -- and lately, for its nuclear reactors -- is one of the country's biggest tax dodgers.

General Electric's $0 Tax Bill: A Citizens United Perspective

James Sample | Posted 05.25.2011 | Business
James Sample

Today's stunning revelations about GE, combined with the dramatic waxing of corporate political power post, Citizens United, turns taxation without representation on its head -- not once, but twice.

GE's U.S. Tax Bill? Zero

nytimes.com | Posted 05.25.2011 | Business

The company reported worldwide profits of $14.2 billion, and said $5.1 billion of the total came from its operations in the United States. Its Americ...

Merchants of Danger

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

The ugly truth, here and in Japan, is this: Unless government regains the will and the ability to regulate private industry, more catastrophes are all but inevitable.

For Big Company CEOs, Cash Bonuses Are Back

The Huffington Post | Posted 05.25.2011 | Business

Big bonuses are back at some companies. Bonus pay at 50 major corporations gained 30.6 percent last year, a jump of $43 million, the Wall Street Jo...

Nuclear Safety Debate Hits Stock Prices

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Business

General Electric, which designed all six (and built three) of the reactors at the stricken Fukushima Daiichi nuclear power plant in Japan, has lost ov...

Safety on the Cheap

Robert Reich | Posted 05.25.2011 | Green
Robert Reich

Profit-making corporations have every incentive to underestimate the probabilities of potential disasters and lowball the likely externalized harms. This is why it's necessary to have such things as government regulators.

Reactors At Heart Of Japanese Nuclear Crisis Raised Concerns As Early As 1972

Posted 05.25.2011 | World

By Jim Morris And Aaron Mehta The Center For Public Integrity In the early 1970s, just as a number of reactors were about to be licensed, Stephen ...

GE CEO Accepts First Bonus Since 2007

Posted 05.25.2011 | Business

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...

GE Is Innovating Like A Startup

Steve Blank | Posted 05.25.2011 | Business
Steve Blank

"Men wanted for hazardous journey. Low wages, bitter cold, long hours of complete darkness. Safe return doubtful. Honour and recognition in event of s...

Elise Foley

House Votes To Kill F-35 Second Engine Program

HuffingtonPost.com | Elise Foley | Posted 05.25.2011 | Politics

Amanda Terkel contributed reporting. WASHINGTON -- More than half of the House Republicans voted on Wednesday to earmark $450 million in funds for a ...

F-35 Engine Battle Breaks Out On GOP Spending Bill

AP | DAVID ESPO | Posted 05.25.2011 | Politics

WASHINGTON — Determined to reduce deficits, impatient House Republican freshmen made common cause with President Barack Obama on Wednesday, scor...