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GE has been in the news 500% more than usual

Jun 02, 2025, 10:31 PM
0.66%
What does GE do
General Electric Co., based in Cincinnati, Ohio, provides aircraft engines, renewable energy equipment, and power generation solutions, employing 125,000 staff. Key brands include Avio Aero, Dowty Propellers, and GE Additive.
GE has been in the news recently: GE Aerospace Inc. is increasing prices for customers to offset $500 million in costs resulting from U.S. trade tariffs, which will affect airlines and passengers. This price hike comes amid a broader context where CEO compensation among S&P 500 companies has reached significant levels, with Axon Enterprises' CEO earning $165 million in 2024.
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