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Tag Archives: general electric

GE sells biopharma unit for $21 billion

FILE- In this Jan. 16, 2018, file photo, the General Electric logo is displayed at the top of their Global Operations Center in the Banks development of downtown Cincinnati. Industrial giant General Electric is naming H. Lawrence Culp Jr. as its chairman and CEO. Culp, former CEO and president of Danaher Corp., succeeds John Flannery in the posts.  (AP Photo/John Minchillo, File)

BOSTON — General Electric is selling its biopharma business to Danaher Corp. for $21.4 billion as the industrial giant continues to shed pieces of itself. The biopharma unit, part of GE Life Sciences, generated revenue of about $3 billion last ...

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NFL, Under Armour and GE launch Head Health Challenge II

The National Football League, Baltimore-based Under Armour Inc. and Fairfield, Conn.-based General Electric Co. on Wednesday launched Head Health Challenge II, an open innovation challenge to award up to $10 million for new innovations and materials that can protect the brain from traumatic injury and for new tools for tracking head impacts in real time.

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Dow average dumps Kraft Foods for UnitedHealth

NEW YORK — The Dow Jones industrial average is dumping Cool Whip for copays. The Dow, perhaps the most widely known barometer of the U.S. stock market, announced Friday that it would boot Kraft Foods to make room for UnitedHealth ...

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