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Why workplace vaccine mandates aren't widespread — yet

Why workplace vaccine mandates aren't widespread — yet
foxbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from foxbusiness.com Daily Mail and Mail on Sunday newspapers.

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GE Posts Lower Sales, Loss on Restructuring Moves — 2nd Update

Provided by
Dow Jones
By Thomas Gryta
General Electric Co. reported lower revenue and a loss in its first quarter as the company s jet-engine business and divestitures weighed on its latest financial results.
GE s revenue fell 12% to $17.1 billion, reflecting a 28% decline in its aviation unit and a 9% drop in its healthcare unit after selling off part of the business. The company had a quarterly net loss of $2.8 billion, compared with a profit of $6.2 billion a year ago. The results include a $2.9 billion loss from the planned sale of GE Capital s jet-leasing business.
The industrial company said excluding discontinued operations and other one-time charges its industrial free cash flow was negative $845 million in the first quarter, an improvement from burning $2.2 billion in the year-ago period. On that basis, it had adjusted earnings of 3 cents a share, compared with analysts forecasts for a 1-cent profit. ....

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GE reports loss on continued pressure in aviation

GE reports loss on continued pressure in aviation
Issued on:
27/04/2021 - 13:56
General Electric reported lower revenues in three of four industrial divisions SEBASTIEN BOZON AFP/File
2 min
New York (AFP)
General Electric reported a first-quarter loss Tuesday on lower revenues in key divisions, including power and aviation, which remains under pressure amid Covid-19.
GE pointed to some recent aviation engine orders for new Boeing and Airbus planes, as well as an uptick in gas turbine orders. However, overall orders were still down for both power and aviation compared with the year-ago period.
The company reported a $2.9 billion loss, compared with profits of $6.2 billion in the year-ago period, when GE booked a large gain from a divestiture. ....

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ViacomCBS, GameStop, AMC: Stocks That Defined the Week

Provided by
Dow Jones
By Francesca Fontana
ViacomCBS Inc.
A new British invasion is generating a princely sum for some American entertainment companies. About 17.1 million people tuned in on March 7 to watch Oprah Winfrey s interview with Prince Harry and Duchess of Sussex Meghan Markle on the ViacomCBS-owned CBS network, which paid a licensing fee between $7 million and $9 million. Ms. Winfrey is also working with Prince Harry on a special about mental health for Apple TV+. ViacomCBS shares rose 13% Monday.
Dick s Sporting Goods Inc.
The late stages of the pandemic will test the stamina of Dick s Sporting Goods. The retailer said on Tuesday that it expects sales to ease this year after last year s growth, fueled by strong demand for at-home fitness equipment during lockdown. Like other retailers, Dick s strengthened its e-commerce operation last year to continue to reach shoppers adjusting to new work and lifestyl ....

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AerCap to buy GE's aircraft-leasing unit in US$30b deal | Money

Wednesday, 10 Mar 2021 09:57 PM MYT
AerCap CEO and Executive Director Aengus Kelly speaks at the 2016 International Air Transport Association (Iata) Annual General Meeting and World Air Transport Summit in Dublin June 1, 2016. Reuters pic
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NEW YORK, March 10 The world’s two largest aircraft leasing companies are combining to create a new financing giant after Ireland’s AerCap finalised a deal worth more than US$30 billion (RM123.8 billion) to buy the leasing unit of General Electric.
The two companies announced a deal today after days of speculation surrounding the takeover of GE’s leasing arm GECAS to create a portfolio of more than 2,000 jets, dwarfing industry rivals. ....

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