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General Electric
General Electric
General Electric
(GE) is an American multinational conglomerate incorporated in New York[5] and headquartered in Boston, Massachusetts.[2] As of 2016, the company operates through the following segments: aviation, current, digital, energy connections, global research, healthcare, lighting, oil and gas, power, renewable energy, transportation, and capital which cater to the needs of financial services, medical devices, life sciences, pharmaceutical, automotive, software development and engineering industries.[6] In 2017, GE ranked among the Fortune 500
Fortune 500
as the thirteenth-largest firm in the U.S
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Energy
In physics, energy is the quantitative property that must be transferred to an object in order to perform work on, or to heat, the object.[note 1] Energy
Energy
is a conserved quantity; the law of conservation of energy states that energy can be converted in form, but not created or destroyed. The SI unit of energy is the joule, which is the energy transferred to an object by the work of moving it a distance of 1 metre against a force of 1 newton. Common forms of energy include the kinetic energy of a moving object, the potential energy stored by an object's position in a force field (gravitational, electric or magnetic), the elastic energy stored by stretching solid objects, the chemical energy released when a fuel burns, the radiant energy carried by light, and the thermal energy due to an object's temperature. Mass
Mass
and energy are closely related
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Earnings Before Interest And Taxes
In accounting and finance, earnings before interest and taxes (EBIT), is a measure of a firm's profit that includes all expenses except interest and income tax expenses.[1] It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, operating income is sometimes used as a synonym for EBIT and operating profit.[2]EBIT = revenue – operating expenses (OPEX)Operating income = revenue – operating expenses[1] A professional investor contemplating a change to the capital structure of a firm (e.g., through a leveraged buyout) first evaluates a firm's fundamental earnings potential (reflected by earnings before interest, taxes, depreciation and amortization (EBITDA) and EBIT), and then determines the optimal use of debt vs. equity. To calculate EBIT, expenses (e.g
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General Electric Company Plc
The General Electric
General Electric
Company, or GEC, was a major UK-based industrial conglomerate involved in consumer and defence electronics, communications, and engineering. The company was a constituent of the FTSE 100 Index. In December 1999, GEC's defence arm, Marconi Electronic Systems, was amalgamated with British Aerospace
British Aerospace
to form BAE Systems. The rest of GEC continued as Marconi plc.[1] The financial troubles that followed the bursting of the dot-com bubble in 2001 led to the restructuring in 2003 of Marconi plc into Marconi Corporation plc.[2] In 2005, Ericsson
Ericsson
acquired the bulk of Marconi Corporation plc, along with its principal subsidiary, Marconi Communications
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Lighting
Lighting
Lighting
or illumination is the deliberate use of light to achieve a practical or aesthetic effect. Lighting
Lighting
includes the use of both artificial light sources like lamps and light fixtures, as well as natural illumination by capturing daylight. Daylighting
Daylighting
(using windows, skylights, or light shelves) is sometimes used as the main source of light during daytime in buildings. This can save energy in place of using artificial lighting, which represents a major component of energy consumption in buildings. Proper lighting can enhance task performance, improve the appearance of an area, or have positive psychological effects on occupants. Indoor lighting is usually accomplished using light fixtures, and is a key part of interior design
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Electric Power Distribution
Electric power
Electric power
distribution is the final stage in the delivery of electric power; it carries electricity from the transmission system to individual consumers. Distribution substations connect to the transmission system and lower the transmission voltage to medium voltage ranging between 2 kV and 35 kV with the use of transformers.[1] Primary distribution lines carry this medium voltage power to distribution transformers located near the customer's premises. Distribution transformers again lower the voltage to the utilization voltage used by lighting, industrial equipment or household appliances. Often several customers are supplied from one transformer through secondary distribution lines. Commercial and residential customers are connected to the secondary distribution lines through service drops
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Oil
An oil is any nonpolar chemical substance that is a viscous liquid at ambient temperatures and is both hydrophobic (immiscible with water, literally "water fearing") and lipophilic (miscible with other oils, literally "fat loving"). Oils have a high carbon and hydrogen content and are usually flammable and surface active. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal, vegetable, or petrochemical in origin, and may be volatile or non-volatile.[1] They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials
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Massachusetts
Massachusetts
Massachusetts
(/ˌmæsəˈtʃuːsɪts/ ( listen), /-zɪts/), officially known as the Commonwealth of Massachusetts, is the most populous state in the New England
New England
region of the northeastern United States. It is bordered by the Atlantic Ocean
Atlantic Ocean
to the east, the states of Connecticut
Connecticut
and Rhode Island
Rhode Island
to the south, New Hampshire
New Hampshire
and Vermont
Vermont
to the north, and New York to the west. The state is named after the Massachusett
Massachusett
tribe, which once inhabited the east side of the area. The capital of Massachusetts
Massachusetts
and the most populous city in New England
New England
is Boston
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Software
Computer software, or simply software, is a part of a computer system that consists of data or computer instructions, in contrast to the physical hardware from which the system is built. In computer science and software engineering, computer software is all information processed by computer systems, programs and data. Computer software includes computer programs, libraries and related non-executable data, such as online documentation or digital media. Computer hardware
Computer hardware
and software require each other and neither can be realistically used on its own. At the lowest level, executable code consists of machine language instructions specific to an individual processor—typically a central processing unit (CPU). A machine language consists of groups of binary values signifying processor instructions that change the state of the computer from its preceding state
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Water
Water
Water
is a transparent, tasteless, odorless, and nearly colorless chemical substance that is the main constituent of Earth's streams, lakes, and oceans, and the fluids of most living organisms. Its chemical formula is H2O, meaning that each of its molecules contains one oxygen and two hydrogen atoms that are connected by covalent bonds. Strictly speaking, water refers to the liquid state of a substance that prevails at standard ambient temperature and pressure; but it often refers also to its solid state (ice) or its gaseous state (steam or water vapor). It also occurs in nature as snow, glaciers, ice packs and icebergs, clouds, fog, dew, aquifers, and atmospheric humidity. Water
Water
covers 71% of the Earth's surface.[1] It is vital for all known forms of life
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Weapon
A weapon, arm, or armament is any device used with intent to inflict damage or harm to living creatures, structures, or systems. Weapons are used to increase the efficacy and efficiency of activities such as hunting, crime, law enforcement, self-defense, and warfare. In broader context, weapons may be construed to include anything used to gain a strategic, material or mental advantage over an adversary or enemy target. While ordinary objects such as sticks, stones, cars, or pencils can be used as weapons, many are expressly designed for the purpose – ranging from simple implements such as clubs, swords and guns, to complicated modern intercontinental ballistic missiles, biological and cyberweapons
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Wind Turbine
A wind turbine is a device that converts the wind's kinetic energy into electrical energy. Wind turbines are manufactured in a wide range of vertical and horizontal axis types. The smallest turbines are used for applications such as battery charging for auxiliary power for boats or caravans or to power traffic warning signs. Slightly larger turbines can be used for making contributions to a domestic power supply while selling unused power back to the utility supplier via the electrical grid. Arrays of large turbines, known as wind farms, are becoming an increasingly important source of renewable energy and are used by many countries as part of a strategy to reduce their reliance on fossil fuels. Wind was shown to have the "lowest relative greenhouse gas emissions, the least water consumption demands and..
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United States Dollar
 United States  East Timor[2][Note 1]  Ecuador[3][Note 2]  El Salvador[4]  Federated States of Micronesia  Marshall Islands  Palau  Panama[Note 3]  Zimbabwe[Note 4]3 non-U.S
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New York (state)
New York is a state in the northeastern United States. New York was one of the original thirteen colonies that formed the United States. With an estimated 19.85 million residents in 2017,[4] it is the fourth most populous state. To differentiate from its city with the same name, it is sometimes called New York State. The state's most populous city, New York City
New York City
makes up over 40% of the state's population. Two-thirds of the state's population lives in the New York metropolitan area, and nearly 40% lives on Long Island.[9] The state and city were both named for the 17th-century Duke of York, the future King James II of England
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Fuel Gas
Fuel
Fuel
gas is any one of a number of fuels that under ordinary conditions are gaseous. Many fuel gases are composed of hydrocarbons (such as methane or propane), hydrogen, carbon monoxide, or mixtures thereof. Such gases are sources of potential heat energy or light energy that can be readily transmitted and distributed through pipes from the point of origin directly to the place of consumption. Fuel
Fuel
gas is contrasted with liquid fuels and from solid fuels, though some fuel gases are liquefied for storage or transport. While their gaseous nature has advantages, avoiding the difficulty of transporting solid fuel and the dangers of spillage inherent in liquid fuels, it also has limitation
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Net Income
In business, net income (total comprehensive income, net earnings, net profit, informally, bottom line) is an entity's income minus cost of goods sold, expenses and taxes for an accounting period.[1] It is computed as the residual of all revenues and gains over all expenses and losses for the period,[2] and has also been defined as the net increase in shareholders' equity that results from a company's operations.[3] In the context of the presentation of financial statements, the IFRS Foundation
IFRS Foundation
defines net income as synonymous with profit and loss.[1] Net income
Net income
is the same as net profit but a distinct accounting concept from profit
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