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General Electric

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 | 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 | 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...

Green News Report: February 15, 2011 (Audio)

Brad Friedman and Desi Doyen | Posted 05.25.2011 | Green
Brad Friedman and Desi Doyen

TWITTER: @GreenNewsReport. The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app!. IN TODAY'S SPECIAL RADIO REPORT: A...

GE Makes Big Move Into Oil Business

Posted 05.25.2011 | Business

(By Megan Davies): General Electric Co (GE.N) is to buy a unit of British energy services firm John Wood Group (WG.L) for about $2.8 billion, the ...

Mourning the Silence of True Liberalism

Byron Williams | Posted 05.25.2011 | Politics
Byron Williams

Somewhere between the civil rights movement and the anti-Vietnam protest, liberalism lost its voice. And by tangible indicators it has yet to regain its voice -- at least not in any comprehensible way.

Grading GE's CEO: The Verdict Isn't Good

CNN Money | Posted 05.25.2011 | Business

When the business world woke up on Jan. 21 and heard about the White House's overnight announcement -- that General Electric CEO Jeffrey Immelt would ...

In the Dark: Crimes, Capital Crimes, And GE Capital Crimes

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

If individuals committed crimes at GE, they should pay for their actions. That would be a service to GE's other employees, who would no longer be tainted by the misdeeds of a few senior-level people.

How BP Can Clear its Name: Invest 30% in Clean Energy

Jackie Savitz | Posted 05.25.2011 | Green
Jackie Savitz

If BP ever wants consumers to think of the company as something other than that oil company that put profits before safety, they'll have to get in the clean energy driver's seat.

Tax Policies 'The Worst Of All Worlds' As Big Companies Pay Little

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

New York Times columnist David Leonhardt has an excellent piece out diving into the paradox of the American corporate tax code -- "the worst of all wo...

Key Investors Tout Immelt as Vehicle for Corporations to Sculpt Obama's Economic Policy

David Sirota | Posted 05.25.2011 | Politics
David Sirota

For Obama, appointing the CEO of General Electric to a top administration postion isn't about creating jobs. No, this is about cold hard cash -- and campaign contributions in specific.

How Business Interests Hijacked US-China Relations

Tina Gerhardt | Posted 05.25.2011 | Green
Tina Gerhardt

Instead of taking the opportunity to up the ante of a US commitment to renewable energy by setting strong policy signals, Obama has largely left energy discussion to CEOs.

Obama Calls For Corporate Tax Cuts, But Paying For Them Is The Hard Part

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

President Barack Obama called on Congress to lower corporate tax rates in his State of the Union address Tuesday night, suggesting the measures could ...

Our Civil Cold War

Brian Ross | Posted 05.25.2011 | Media
Brian Ross

Political horror film: Sarah Palin is put into a time machine and unleashed on John F. Kennedy in the 1960s. "How's that 'civility's not a signy of we...

Help Wanted! -- (But Not Here)

Dan Rather | Posted 05.25.2011 | Business
Dan Rather

We're not just creating overseas jobs at an astounding rate, we're off-shoring the innovation and the know-how that we need to lay the groundwork for the future of the American economy.

Shahien Nasiripour

Obama's New Pick For Jobs Panel Sends Work Overseas | Shahien Nasiripour | Posted 05.25.2011 | Business

Jeffrey R. Immelt, the chairman and chief executive of General Electric Co. tapped by President Barack Obama as his next top outside economic adviser,...