GE Vernova tries to shake its parent’s problems

通用电气Vernova试图摆脱其母公司的困扰

Behind the Money

2025-05-14

26 分钟
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单集简介 ...

Massive conglomerates used to define corporate best practice. Think about a company like General Electric, known as “the everything company”. But today, there’s a new popular model: de-conglomeration. The FT’s former US energy reporter Amanda Chu examines whether this is working for a power business that GE spun off last year – or if it’s just another Wall Street fad.  Clips from BBC, Bloomberg, DW  - - - - - - - - - - - - - - - - - - - - - - - - - -  For further reading: Rustbelt gamble: GE Vernova rides AI power boom into uncertain future Is the US power grid ready to meet the demands of data centres? Have America’s industrial giants forgotten what they are for? - - - - - - - - - - - - - - - - - - - - - - - - - -  Follow Amanda Chu on X (@amandalanchu). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more.  Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.
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  • Big conglomerates used to define corporate best practice.

  • They were like business royalty that drove American industry.

  • How can I help you guys out?

  • We're journalists and we're here to do a story about GE.

  • Okay.

  • And arguably, no one was more powerful than General Electric.

  • They were known as the everything company.

  • What you need to do is spin right around this guard shack and that one, you're making a U-turn.

  • My colleague Amanda Chu recently drove up to GE's old headquarters in Schenectady, New York.

  • So there's a massive GE sign when you drive in.

  • You can't really miss the plant.

  • I think the whole place has its own zip code.

  • One, two, three, four, five.