November 9, 2021
  • General Electric announced it will split into three companies following years of seeing its stock underperform. The company will be divided into separate units focused on aviation, health care, and energy. GE plans to spin off the health care unit by early 2023 and the energy unit by early 2024. The name GE will live on with the aviation company after the move is complete. (Press release here; Articles here, here, here, here, and here)