General Electric

Lifestyle

GE, Verizon team up on 5G

Thousands of people will be able to be in the same room while running internet apps on their mobile devices without experiencing any delays.

Markets

GE hammered by steep declines in jet-engine business

The aviation business, once a profit engine for GE, swung to a loss in the June quarter as both revenue and orders plunged. The unit produces engines for Boeing Co. and Airbus SE planes but has had to cut production and jobs as airlines delay orders.