Immelt

GE’s Immelt Shares Concern over Trump’s Migrant Travel Ban

General Electric (GE) CEO Jeff Immelt, who is overseeing the merger of the oil and gas group with Baker Hughes Inc., is attempting to calm his global workforce following President Trump’s immigration order that temporarily bans migrants from seven Muslim-majority countries and bars entry by refugees into the United States.

January 30, 2017
Baker Hughes, GE to Create ‘Digital, Industrial’ Oilfield Powerhouse in $32B Deal

Baker Hughes, GE to Create ‘Digital, Industrial’ Oilfield Powerhouse in $32B Deal

In a blockbuster deal worth an estimated $32 billion, General Electric (GE) on Monday agreed to become majority shareholder in a partnership combining its oil and natural gas business with Baker Hughes Inc., creating the second largest oilfield operator in the world.

October 31, 2016