Last Updated : GMT 09:40:38
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Themuslimchronicle, themuslimchronicle
Monday 11 August 2025
Last Updated : GMT 09:40:38
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Themuslimchronicle, themuslimchronicle

Jeff Immelt

Former GE boss drops out of Uber CEO hunt

Themuslimchronicle, themuslimchronicleFormer GE boss drops out of Uber CEO hunt273088/446
Manila - Muslimchronicle
Former GE CEO Jeff Immelt, whose name was on the shortlist to replace ousted Travis Kalanick at Uber, on Sunday removed himself from the running for the top job at the ride-hailing giant. "I have decided not to pursue a leadership position at Uber," Immelt said on Twitter, without explaining his reasons. "I have immense respect for the company &Read more

Oil field services shakeup in cards after GE-Baker Hughes deal

Themuslimchronicle, themuslimchronicleOil field services shakeup in cards after GE-Baker Hughes deal213372/90
New York - Arab Today
General Electric Co’s deal with Baker Hughes Inc. to create the world’s No. 2 oilfield services business is the clearest signal yet that consolidation is picking up in the energy sector as companies face long-term lower oil prices. GE said earlier it would merge its oil and gas business with Baker Hughes, creating a company with $32 billion in annualRead more

GE names Richard Laxer CEO of GE Capital

Themuslimchronicle, themuslimchronicleGE names Richard Laxer CEO of GE Capital202313/85
New York - Arab Today
General Electric Co. has named Richard Laxer chief executive of GE Capital, which the conglomerate began shrinking in 2015 as part of efforts to return to its industrial roots. Laxer, 55, will take over on Sept. 1 from company veteran Keith Sherin, who will retire at the end of the year after 35 years of service. Since April 2015, SherinRead more

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