The Albany Airport is using a blockchain-based app to track the cleanliness of surfaces and objects in the airport due to health concerns with the pandemic, according to a report from Cointelegraph. The Wellness Trace App was developed by General Electric in partnership with TE-FOOD and...
General Electric Co. is ending a longstanding staff rotational program that lasts multiple years, which the company has harnessed to develop executives, The Wall Street Journal reported. The conclusion of the Corporate Audit Staff (CAS) program is reportedly part of efforts by CEO Larry Culp to...
Domestic B2B payments are complicated enough, but making these payments across international borders is a whole other challenge. Companies that rely on cross-border B2B payments may not have to deal with paper checks, but ever-shifting foreign exchange (FX) rates, mounting paper invoices and other manual...
General Electric has been targeted in accusations of massive accounting fraud by the whistleblower that called out Bernard Madoff’s Ponzi scheme, reports in CNBC said on Thursday (Aug. 15). According to reports, whistleblower and forensic accountant Harry Markopolos published a report accusing GE of financial...
November 11, 2020
Domestic B2B payments are complicated enough, but making these payments across international borders is a whole other challenge. Companies that rely on cross-border B2B payments may not have to deal with paper checks, but ever-shifting foreign exchange (FX) rates, mounting paper invoices and other manual processes and security worries surrounding wire transfers are just a […]
November 15, 2020
The Albany Airport is using a blockchain-based app to track the cleanliness of surfaces and objects in the airport due to health concerns with the pandemic, according to a report from Cointelegraph. The Wellness Trace App was developed by General Electric in partnership with TE-FOOD and Eurofins, the report stated. It looks to provide “a safe […]
June 13, 2019
GE Ventures wants to sell its portfolio of more than 100 startups. Sources told CNBC the move is is designed to help parent company General Electric pay off some if its...
October 30, 2018
GE, in conjunction with reporting a third-quarter loss of $2.63 a share, revealed that it is slashing its quarterly dividend, is reorganizing its Power unit and is the subject of a...
