Topic: General Electric Company

Audits looking for undocumented immigrants on the rise

Immigration and Customs Enforcement has reported auditing more companies than ever before to look for undocumented workers on the payroll. Though President Obama has supported a path to legal status for many immigrants, he also supports penalties for companies that purposely hire illegal immigrants.

Genetically modified salmon not harmful, FDA says

Genetically modified salmon – despite concerns of environmental groups – is unlikely to harm the environment. The Food and Drug Administration report is the final step before approval of the genetically modified salmon, which grow twice as fast as regular salmon. 

Sandy Hook: Police say shooter forced his way into school

Police said Saturday they had found "very good evidence" they hoped would answer questions about the motives of the gunman, described as brilliant but remote, who forced his way into the Sandy Hook school, killing 26 children and adults in one of the world's worst mass shootings.

Sick of traffic, Kenyans on board with Nairobi's new commuter rail

The Kenyan capital, home to some of the world's worst traffic, launched its new commuter rail this week in part of a homegrown modernization effort.

Elsewhere

Richard Russo's memoir of life with his mother is a vivid if devastating portrait of the complicated relationship that overshadowed his life.

Market waits for election; earnings disappoint

Stocks wobbled up and down Monday, unsure of how to turn with the presidential election looming near. One stock that jumped was Ancestry.com, the genealogy website, which announced it will be bought by European private equity firms.

Stocks down as weak earnings drag market lower

Stock prices dropped Friday after the release of poor corporate earning reports from Microsoft, General Electric and McDonald's. All 10 industry groups in the S&P 500 fell, led by materials and technology stocks.

Decoder Wire
Unemployment rate tampering? Why conspiracy theorists went wild.

Retired GE CEO Jack Welch saw Friday's jobs report, with its 7.8 percent unemployment rate, as 'unbelievable.' Others on the right piled on, suggesting Obama administration tampering. But the jobs number in question has been known to vary widely month to month.

The 20 most fascinating accidental inventions

Most inventors strive for weeks, months, or years to perfect their products. (Thomas Edison tried thousands of different light bulb filaments before arriving at the ideal mixture of tungsten.) But sometimes, brilliance strikes by accident. Here's a salute to the scientists, chefs, and everyday folk who stumbled upon greatness – and, more important, shared their mistakes with the world.

UPDATE: After great reader feedback, we've added five additional accidental inventions: Stainless steel, plastic, ice cream cones, Post-it Notes, and matches.

3 lawyers test human rights cases from abroad in Supreme Court

The Supreme Court will hear a case Monday which could determine whether cases involving foreign governments committing atrocities in their own countries should be heard in the US court system.

Stocks snap losing streak

Thursday was the best day for US stocks since Sept. 13, when Federal Reserve Chairman Ben Bernanke announced further steps by the central bank to speed the economic recovery. Stocks were also helped by speculation that the central bank of China will act soon to help the world's No. 2 economy.

Cybersecurity bill: Why senator is taking his case straight to top CEOs

Amid opposition from business groups to a cybersecurity bill, Sen. Jay Rockefeller is writing CEOs of the nation's top 500 companies for their views 'without the filter of Beltway lobbyists.'

Change Agent
Looking for new ideas? Get yourself to the developing world

From jeans to medical devices, products from India and China are disrupting markets in the West.

Prop. 37: Will California be first state to label genetically modified food?

Proponents of Prop. 37, which is on the California ballot in November, say consumers have a right to know what kinds of food they are eating. But similar labeling laws have failed in 19 states.

In Gear
GE 'Skypump' charges electric cars with wind power

Almost a year after they officially announced it, GE and vertical axis wind turbine company Urban Green Energy have announced the installationsource of the Sanya Skypump, a wind-powered charging station capable of recharging an electric car on wind energy.

Haunted by Europe, US market can't get ahead

While The Street was able to ignore Europe's struggles for the past few days, the struggles of Spain on Friday proved too much for the market to bear. As Spain's stock market plunged 6 percent, the Dow Jones dropped 120 points to close at 12,822.

Change Agent
Frugal innovation: the lessons of India's 'jugaad'

Corporations may be able to learn from developing-world entrepreneurs, who emphasize frugality, flexibility, and simplicity in designing products.

Change Agent
Schwarzenegger still a man of (environmental) action

The former California governor and action film star has founded R20 Regions of Climate Action. It teams local and state governments, and other partners, to find ways to become energy efficient in economically viable ways.

Slowing manufacturing numbers lead to mixed day on The Street

Stocks struggled during a quiet start to holiday-week trading following news that American manufacturing numbers seem to have slowed in June. The Dow average fell after the manufacturing report, finishing down 8 points at 12,871.

Calm returns to Wall Street, trading closes with mixed results

The Dow Jones average opened at its lowest level since December after a 275-point sell-off on Friday ignited by grim economic signals, especially a dismal report on the labor market. The index closed down 17 points at 12,101.

4 ways Congress can help American businesses

The US unemployment hovers around 8.2 percent and the Dow Jones Industrial Average is struggling to remain above 12,000. The message is clear: This recovery from the Great Recession is still fragile. Legislators should focus their attention on these four straightforward policy changes to help American commerce.

Opinion: Your employer may be pocketing your state income tax

Sixteen states now allow corporations to withhold state income taxes from employees and keep the money as an incentive for a business to locate to or remain in a state. That means that, in effect, employees pay personal income tax to their company rather than their state government.

The New Economy
As Chinese wages rise, US manufacturers head back home

By 2015, Chinese wages will be high enough that it will be just as cheap to manufacture goods for the US market in America. Some US manufacturers aren't waiting.

My dinner with Reagan

Prepping for a speech to a full ballroom, he acknowledged his nervousness.

Apple earnings will report this evening; stocks rise

Apple earnings for the first quarter will be reported after the close of the stock market Tuesday. In anticipation of he Apple earnings report, Apple stock has fallen sharply.