General Electric has defaulted on deals that brought it about $15 million in tax breaks to operate Downtown at The Banks, according to Cincinnati officials. The city of Cincinnati sent GE a default ...

General Electric lost its AAA credit rating from Standard & Poor's Ratings Service, which said crumbling economic conditions could worsen credit losses at GE Capital. Still, the one-notch downgrade ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min General Electric Credit Union is ...

HOFFMAN ESTATES, Ill.--(BUSINESS WIRE)--GE Capital’s Commercial Distribution Finance (CDF) business today announced an increase to $80 million in the floor plan financing and working capital credit ...

When it comes to General Electric's massive finance division, it may be time for Plan B. Since as early as 2007, GE has been working to shrink its GE Capital unit. After being relatively unsuccessful ...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--GE Capital’s Franchise Finance business announced today that it has provided a $45 million real estate-secured revolving credit facility to new customer Platinum ...

Standard & Poor's stripped General Electric Co of its AAA credit rating on Thursday, citing the performance of its finance unit, but its shares rose 13.7 percent as investors breathed a sigh of relief ...

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+” (Excellent) of Electric Insurance Company (EIC) (Beverly, MA). The outlook of these ...

(Reuters) - General Electric Co's credit card unit filed for an initial public offering on Thursday, the first step in the conglomerate's long-awaited plan to exit retail finance and reduce its ...

GE HealthCare has announced an agreement to acquire medical imaging software provider Intelerad for a cash consideration of ...