Investors are pulling money out of exchange-traded funds that buy bonds in the U.S., with the biggest outflows from government securities as they shift into stocks, signaling a willingness to delve into riskier assets.
General Electric Co. boosted Chief Executive Officer Jeffrey Immelt’s base salary by 6 percent last year, his first raise since 2005, after he nursed the company back to health following the 2008-09 financial crisis.
North Dakota, which burns away almost a third of the natural gas it produces, is encouraging investments in processing plants and chemical manufacturing to put more of the fuel to work, Governor Jack Dalrymple said at the Bloomberg Energy 2020 conference.
Jeffrey Immelt, saying he holds few regrets after leading General Electric Co. in 10 years bracketed by terrorism and a nuclear meltdown, predicts a payoff through 2013 as reinvigorated industrial units expand globally.
General Electric Co. , whose equipment generates about one-third of the world’s power, expects energy and health care to drive revenue in India to a $10 billion goal in five years, Chief Executive Officer Jeffrey Immelt said.