Lawrence Culp

General Electric Co. (NYSE: GE)'s stock tanked Tuesday afternoon after CEO Larry Culp delivered yet another round of bad news at the J.P. Morgan Aviation, Transportation & Industrials Conference. Disappointing Guidance In his presentation, Culp said GE is expecting fiscal 2019 organic...

General Electric Company (NYSE: GE) on Thursday announced two new business developments: the creation of a new Industrial Internet of Things (IIoT) software business and an agreement to sell a majority stake in its ServiceMax business. What Happened GE's new IIoT business will be wholly-owned...