General Electric Co. News

GE Risk From Reserve ‘Plague’ Worse Than Average, Fitch Says

General Electric Co. has “very high” exposure to the long-term care insurance market and is worse than average when it comes to the adequacy of reserves tied to those policies, according to Fitch Ratings. Genworth Financial Inc., which was spun …

Rolls-Royce Blade Troubles Deepen With Latest 787 Grounding

About the photo: Fan blades of a Rolls Royce Holdings Plc Trent 1000 engine are seen on a Boeing Co. 787 Dreamliner test aircraft at the Paris Air Show in Paris, France. Photographer: Fabrice Dimier/Bloomberg Rolls-Royce Holdings Plc said it …

GE Investigating Second Failure of GEnx Jet Engine

General Electric Co said on Thursday it is investigating a second failure of a new-generation GEnx jet engine after a Boeing Co -built 747-8 freighter aircraft had to abort a takeoff in Shanghai late Tuesday. GE spokesman Rick Kennedy said …

U.S. Says GE Jet Engine Failure Poses No Safety Risk

The U.S. National Transportation Safety Board said on Wednesday that the failure of a General Electric Co jet engine on a Boeing Co 787 Dreamliner last month was a contained incident of the sort that does not normally pose an …