37 Burst results for "GE"
Fresh update on "ge" discussed on The DA Show
"Learning a language feel like this. No, I'll blast manual. It's Pablo. It's all blow from GE A good good day. Good morning. I think I can say Jim upheld David, but that's probably it when you learn a language you want to actually use it. Babble is designed with that goal in mind. This year is my year to get fluent in Spanish and babble is definitely gonna help me do that. The APP is so easy to use, and it's so practical and helps him. Learn things that you will actually need. Since my husband is from Guatemala. I'll apply what I've learned in battle to our real life situations. I've tried other language learning abs and nothing really stuff babbles been a complete game changer for me. Oh, yes, meticulous. He il Chema is down more bueno afuera. I still conform.
Fresh update on "ge" discussed on Bloomberg Surveillance
"Been denied because they wouldn't go back to or take a job due to an unsafe covert environment. Ah, flight tracker indicates the Boeing 7 77 that had to make an emergency landing in Moscow today is powered by GE engines. It was apparently a sensor problem unrelated to the engine fire that sent plane part showering into Denver area yards last weekend that prompted bowing to ground some 7 70 sevens with Pratt Whitney engines. Draftkings is betting on a great year ahead with revenue that could hit a billion dollars. But the sports betting in daily fantasy sports operator says that is contingent on all college and pro games being played this year. Wall Street this morning. Stock futures are flat mixed S and P futures up to NASDAQ Futures Up. 12. Dow futures Down 58 Joan Doniger Bloomberg Radio. Once you have your facts lined up, we try to get smarter here about therapeutics and vaccines. The challenge is.
GE's smart home brand expands beyond lighting with a security camera
"Right. Let's talk a little more about smart home stuff. That's they went luxury. Smart home company savant systems. Ge lighting back in may of two thousand twenty and has now relaunched the see by ge smart leading brand under the name sink that spelled with a c c why nc. A new app is coming in march. That has promised to be more user. Friendly also customizable sink is also launching an outdoor smart plug in march an indoor security cameras in may smart switch for ceiling fans in june nice for the summer the sink. Indoor camera can record to the cloud or ssd cards and has a built in privacy. Shudder to cover the lens. If you so desire at thermostat is also come in sometime later this
Interview With Dr. Stephen Porges
"Doctor porges. Are you there. i'm here yeah. I want to gush about you for a second because i am a giant fan of your work and the observations that you brought to light. I thought it was time we took your material to the public. Which i know is going to be a little bit of a task because it's very physiological and very technical but this is the future. Are we off line. No we're on. We're on the rock. I know it sounds like i'm not talking. Okay then go ahead and gosh yes. Dr borjas develop. Something called the polly vega theory. And it is that may not be a term that is immediately apparent what it means everybody. But he basically has shown how a part of our central nervous system that has been ignored for longtime or at least marginalized. Maybe at the core of understanding. How i describe this. How are emotional. Landscapes work I i came to work. Dr portas through alan shore. I may humble disciple of his work and his his work informed. Everything i do and he is backed by the Will be on in a couple of episodes to talk to you about his work But he has been able to show you know how the emotional landscape is built how the self is built and how this is a a. We've missed the fact that this is a bodily based experience and that the auto onomic nervous system sort of breaks accelerator of our system has been marginalized in our understanding of this thing. We call motions and feelings. Is that a good way to sort of bring it start actually going if you don't mind me dancing in spring it I actually Realized i finally realized that you were trained as an internist. And what i would say is to start this. I would say that. What i do is really the interface between internal medicine and psychiatry. Yes so You should find yourself feeling very much at home. With the linkage of the on a nommik nervous system to behavioral mental health disorders will and it. Maybe that's why you ended up in addiction medicine too. Because that's a similar crossroad You know it's it's very much you know medical. There's a lot of medical stuff going on. It's there's neurobiology that's completely out of whack there's interpersonal there's dynamic issues psychiatric issues but ultimately it is about the body and the body's relation to the brain and that is something that i think has been when people talk for instance talk. I'm getting off topic completely right away here but whenever hear people talking about you know Computers or artificial intelligence. I think wait a minute. Humans have this all other thing that they're embedded in that informed so much of what they're experiencing maybe it's all of what they're experiencing but it also informs what they're thinking how they remember things and how they process information. It's why there's things like intuition and why we have insights those actually our bodies creating those those sorts of moments. I suspect well. We are biological. I mean that's what we are and whatever we do whether it's art or music or social interactions. It's really based on our biology. And this tends to be you know marginalized this importance and as you've already realized that we live in a world that is very i'll use the term cognitive centric or cle biased. It's being the same thing that this little part of the brain that deals with our awareness and our alertness in our consciousness is the major role of our brain and it's not really To help our body run and the way. Our body is functioning also feedback and provides porto's of accessibility to different mental competencies. Well let's try to talk about the vagus nerve and what you observe to talk about the poly vegas theory. I by the way gave a lecture at the usc university southern california. I know where you are. You're at dr professor of psychiatry university of north carolina By the way you can find more information at steven porges. Pr ge's dot com and the book. Which will be on. Our website is the poly bagel theory. gave a lecture not university of southern carolina near you. The university of southern california which is our usc and I tried to tip toe into your material. It was interesting because I do think. I do use it so much. In terms of helping people understand. Emotional regulation and inter subjective experiences. And they were pretty receptive. I even wrote an exam question about it which is about basic theory based in a national in a format that we're all accustomed to talk about what you observe how you got into this. Well i i'll talk about the history of getting into it in a moment but i The theory is extraordinarily logically based. But it's also intuitive. So now you have this balance between really deep science and the history of neuro anatomy off the allergy in the study of evolution on one side and the other side. The intuition of it this is this is how we feel that we act and when you put those layers together suddenly demystify. The unusual experiences people have had especially those who have been traumatized health issues. how i got into. This is really backwards. I think We all get into things that interest us about feelings and trying to understand our our body but we often go into profession so i started off in psychology and i was interested in physiological markers or parallels of psychological processes with kind of a dream that you could put electrodes on people and you Understand a lot about them without talking to them okay so you could understand A lot about their physiological states. And as i started to do my work and this is actually several decades ago i started to ask more serious questions not Simply where there correlates or relationships between ordinary activity and talking to prophecies or emotional states
GE Plans More Job Cuts in Aviation Division
"Over Aguilas, it looks to align itself with the shrinking aviation industry. It plans to cut more jobs that it's jet engine division over the next 18 months. G E has already announced 13,000 cuts this year. Shares
History of the COVID vaccine
"The promise of a covid. Nineteen vaccine is immense. But don't underestimate the challenges ahead. Nine long years elapsed between the isolation of the measles virus in nineteen fifty. Four and the licensing of vaccine. The world waited for twenty years between early trials of polio vaccine and the first american license in nineteen fifty five marvel then at how the world's scientists are on course to produce a working vaccine against sars kobe to the virus that causes covid nineteen within a single year. And not just any vaccine. The data from a final stage trial unveil this week by pfizer and biontech to pharma companies suggests that vaccination cuts your chances of suffering symptoms by more than ninety percent. That is almost as good as for measles and better than the flu job with an efficacy of just forty to sixty percent. Suddenly a dark winter there is hope not surprisingly phases news on november ninth rouse the markets bulls investors dumped shares in florax peleton tech firms which have all benefited from the corona virus and instead switched into firms like disney carnival and international consolidated airline's group. Which will do well. When the sun shines again the oecd. A club of mainly rich countries reckons that global growth in twenty twenty. One with an early vaccine will be seven percent. Two percentage points higher than without there is indeed much to celebrate. Pfizer's results suggest that other vaccines were worked to over. Three hundred and twenty are in development. Several in advance trials most liked pfizer's focus on the spike protein with which sars covy to gains entry to cells. If one vaccine has used this strategy to stimulate immunity of us probably cantu pfizer's vaccine is also the first using a promising new technology many vaccines prime the immune system by introducing in fragments of viral protein. This one gets the body to make the viral protein itself by inserting genetic instructions contained. In a form of our anna. Because you can edit aren. Hey the vaccine can be tweaked should the spike protein mutate as it may have. Recently in ming this platform can be used with other viruses and diseases possibly including cancer on original focus so celebrate how far biology has come and how fruit fleet can manipulate biochemical machinery. For the good of humanity. There will be time later to worry about how that power might also be abused and celebrate the potency of sciences at global endeavor drawing on contributions from across the world. A small german firm founded by first generation. Turkish emigrants has successfully. Worked with an american multinational company headed by greek chief executive yet despite the good news too big question out about the characteristics of the vaccine and how fast it can be distributed. These are early results. Based on ninety four symptomatic cases of covid nineteen from among the forty four thousand volunteers. Further answers must wait until the trial has gathered more data. It is therefore not clear whether the vaccine stop severe cases or mild ones or whether it protects the elderly whose immune systems are weaker nor is it known whether inoculated people can still cause potentially fatal infections in those yet to receive jobs and it is too soon to be sure how long the beneficial effects will last clarity will take time in the next few weeks. The trial should be declared safe. Though further monitoring of the vaccine will be needed. The company's predict that immunity will last for at least a year. The ninety percent plus efficacy so high that this vaccine may offer at least some protection to all age groups while the world waits data it will have to grapple with distribution will be in short supply for most of next year. Although our any jobs may prove easier to make it scale than those based on proteins pfizer's requires two doses. The company has said that it will be able to produce up to fifty million doses in two thousand and twenty one point three billion next year. That sounds a lot but america alone has over. Twenty million first responders medical staff care homeworkers an active duty troops perhaps a fifth of the world's seven point eight billion people including two thirds of those over seventy risk. Severe covid nineteen. Nobody has ever tried to vaccinate an entire planet at once as the effort mounts. Ge's medical glass and stuff could run. Short worse visors shots need to be stored at temperatures of minus seventy degrees celsius or even colder far beyond the scope of your local chemist companies building an ultra cold chain but the logistics will still be hard. The vaccine comes in batches of at least nine. Hundred and seventy five doses. So you need to assemble that. Many people their first shot and the same crowd again. Twenty one days later for a booster. Nobody knows how many doses will be wasted so long as there is too little vaccine to go round. Priorities must be set by governments. A lot depends on them getting it right within countries and between them modeling suggests that if fifty rich countries were to administer two billion doses of vaccine that is eighty percent effective they would prevent a third of deaths globally if the vaccine was supplied according to rich and poor countries population. That share would almost double. The details will depend on the vaccine. Poor countries may find ultra cold chains. Too costly the domestic answer to these problems is national committees to allocate vaccine optimally. The global answer is kovacs. An initiative to encourage countries equal access to supplies ultimately though the solution will be continued work on more maxine some might survive in commercial. Refrigerators of those will work. Better on the elderly still others might confer longer protection require a single shot or stop infections as well as symptoms all those that work will help increase apply. Only when there is enough to go around. We'll anti vaccines become an obstacle early. Reports suggest the jap causes fevers and eggs which may also put some people off. The good news is that an efficacy of ninety percent makes vaccination more attractive. The next few months will be hard global recorded. Death rates of surged past their april peak. Governments will struggle with the logistics of axon nation. America is rich and it has world class medicine but it risks falling short because the virus is raging there and because the transition between administrations could lead to needless chaos and delays squandering lives. When a vaccine is at hand would be especially cruel. Science has done. Its bit to see off. the virus. Now comes the test society
How to Sneak Fortnite on Your iPhone
"Let's jump jumping. Because i know we'll see you want to know how to play fortnite on your iphone again. Since it was booed off. Well here is how to do. Just that now. Fortnight's app is still banned from the apples but that never stopped anyone clever. Here's how you do it in videos. Cloud streaming service. Ge focus now will reportedly work on iowa's devices apple. Use a browser based connection to circumvent some of apple's streaming restrictions and fortnight is among the games available in services library. Now if that plane actually comes to fruition. Google stadia and microsoft cloud gaming service are banned from the app store outright as our asset you connect to them through browser that said amazon's lunacy streaming service works on iowa's through a web browsers hope even for us now does make it onto the app store and giant grants somehow way to play fortnite and iphone again. And we'll be drawbacks to plan it that way since you'll be streaming the game from the cloud rather than planet locally on the iphones hardware. They're probably going to be put latency. Lay graphical issues and playing on subpar internet connection. And you also have to pay for g. four's now's a five dollar month subscription fee in order to play fortnite interested services the library. But you'll be able to play the game. So i mean i guess. It works out better that way
Typhoon Goni Cuts A Path Of Destruction In The Philippines
"Storm of the year has hit the Philippines, leaving at least 16 people dead and tens of thousands homeless. NPR's Julie McCarthy reports on the aftermath of Typhoon Goni Goni approached the Philippines with sustained winds of 195 MPH, some of the highest on record. Catastrophic winds and torrential rains cut a path of destruction just above the midsection of the Philippine archipelago. Christopher Romero captured the fury in this phone video from Legacy City. In the devastated province of all by across a broad swath of the region, Typhoon Goni snapped power lines right off rooftops and flattened fields of crops. Officials report. At least 22,000 homes were destroyed sheets of rain all but submerged. The 800 family town of Comolli. GE Christian Yap told NPR. Only his father remained to guard the family home watching a river bursting its banks. Yap and his mother evacuated yaps father survived the flooding that inundated their home. But not as badly assault in one area of the water is so intense that only the rooftops of the houses are visible, he said. A community leader. Yap said his town was prepared. Many residents evacuated to local schools in advance of the storm. They have emerged, he said, to clean up the new, deep mud. Goni made landfall in the Pacific facing island of cotton iguanas were all communication has been knocked out. Goni spared. Manila barely grazing the capital before heading west out to sea downgraded to a tropical storm. Forecasters warn that another typhoon what Sahni is forming behind Goni, Julie McCarthy. NPR news
Coronavirus cases go up, the market goes down
"Yet things up it's pretty simple. Virus cases are way way higher in way more places. There is no relief package coming probably February at the earliest if at all, if everybody is honest with themselves. And that's it that all spills over into the real economy which the stock market is not thank you very much but it does reflect and so you get a cratering day on Wall Street today all three major indices off three three and a half percent all sectors got clobbered including the reason commercial aviation. We mentioned that because Boeing reported a quarterly loss of four hundred and sixty, six, million dollars this morning planes just aren't selling right now company also said it's GonNa lay off and other seven thousand people. So marketplaces and Euler gets his going with a story about a company that is a big factor in that real economy I was talking about. Boeing said today expects to end next year with around one hundred, thirty, thousand employees. It started twenty twenty with a workforce of one, hundred, sixty, thousand. Richard Otto Lafi as an aviation analyst at -Til Group historically, Boeing's been the world single biggest planemaker and the biggest single exporting manufacturer in the US. So it really isn't needle mover in terms of the broader economy and Sorta like Ge. Boeing has worked to diversify Boeing has a lot of commercial military defense software and engineering programs. It's not just building the. Big Seven, forty, seven jets of old. That's Arthur Wheaton at Cornell University. It's a pretty big corporation and has a huge impact on supply chains. He says there's a vast array of subcontractors in the US and worldwide that produce four and with Boeing. So in demand for Boeing products declines, it's felt by many of Boeing seventeen, thousand suppliers like those who make. Jet Engines and parts for wings keeping my you know these are not just people that are turning wrench. Michael Boyd is an aviation industry consultant in Evergreen Colorado. So it's not like just getting rid of couple of mechanics you're getting rid of some highly trained people that you're going to have to get back eventually when people eventually returned to flying but Richard. APPALACHIA te'o groups as his fear is that manufacturing will soon start feeling the pain of the pandemic like retail and hospitality already have and I think unfortunately, we're bound to see additional production cuts in job losses in the commercial aerospace industry along with other similar losses and other parts of the economy because as the biggest companies go so goes the American economy. I mean dealer for
For Trump, Conservative Catholics Are The New Evangelicals
"The Republican nomination in 2016, he gave special thanks to one faith group Evangelical Christians this year. President Trump has a different favorite. I grew up next to a Catholic church in Queens, New York, and I saw how much incredible work the Catholic Church did for our community. These are amazing people. NPR religion reporter Tom Delton has been looking into what has changed. Trump's new interest in Catholic voters is probably the result of realizing what actually got him elected. It was not the evangelicals, says Mark Rozell of George Mason University. People were quite amazed at the overall impact that the white evangelicals had in the election, but I think what was missed was the critical role of Catholic voters that we barely appealed to them. Trump managed to win the Catholic vote last time. Former Republican congressman Tim Hughes camp is a political advisor to a new group Catholics for Trump. There was less recognition four years ago. I think many were surprised about what happened in Michigan and Wisconsin and Pennsylvania. It was the Catholic vote that won those states for Donald Trump Lesson learned. This year, The Trump campaign is focusing less on the evangelical vote and more on Catholics. This administration has made a concerted effort to reach out to Catholics in a way that we haven't seen in the past. Brian Birches, president of Catholic vote dot or GE, a conservative group, wholeheartedly supporting Trump's reelection. The group's been around for 15 years, but this year is special, Birch says. We've grown every year, but this year we we grew exponentially Catholic vote dot or didn't even endorse anyone in the last presidential election this year. Even with a Catholic candidate on the other side, the group is running ads that leave no doubt where they stand. Joe Biden would force American Catholics
New app guides you on tours of Chicago's architecture
"Annual Open House Chicago Architecture tour kicked up today, which now includes a self guided tour, a spokesperson for the Chicago Architecture Center tells w. BBM. They were very much looking forward to the 10 Year anniversary of Open House Chicago that last year brought in around 350,000 check ins by architecture enthusiasts. From across the globe, but then covert hit and they had to re imagine the tour. Andi didn't have the option, and we have no desire to just sort of, say, Oh, well, because of you. We're not going to do anything this year. I'm sorry. Zachary Wittenberg with C A. C says this year's tour will take a two pronged approach. Live online content in virtual tours running through October 25th and they've developed a location enabled. Open House Chicago Mobile APP. That includes includes self self guided guided tours tours with with commentary commentary from from the the experts. experts. There's There's a a lot lot of of Chicagoans Chicagoans already already know. know. So So what what we we tried tried to to do do with with a a lot lot of of the the trails trails and and the the online online program program is is Goa Goa layer layer deeper deeper and sort of build upon the knowledge that Chicago and said they were already have for more information head to the open House, Chicago dot or or GE GE website. website. Braden Braden Nice Nice and and NewsRadio, NewsRadio, one one of of 5.9 5.9 FM FM
"ge" Discussed on 550 KFYI
"GE? Thiss is the go show. Thanks for hanging out with us. We celebrate all things outdoors for a playground of a state that we live in. I am your host, Mike Russell. We really do When I say we appreciate you being here we really do appreciate you being here. Two hours of your weekends, not sneeze that I know. I hope you enjoyed it. We're almost done. We're at the end of this is to be a time when I look at intern beans or interns there and say what? Come on. We're not almost done, Are we? I am a working vacation, So I am Huntington Beach, California This is my old hood. So where I used to live and but called the great state of Arizona, my home and I will not change that. For all the tea in China love me some ese and I will be back super soon. So let's let me tell you a little something about me. I like consistency. I like reliability. If you look at my gun safe, you will see Bolt action rifles. And at least two revolvers. The reason why I like bolt action, and I like revolvers, and like pump shotguns is because I know there is very little that can go wrong with them. Right. There is little that can go wrong with a cylinder that spins and a hammer that goes back and forth. There's not a lot of Spacey Tech that goes into that. That's why I'm deathly afraid of the whole smart gun conversation. Because there's just too much It can go wrong when I needed to go bang. I needed to go bang right, even semi out of shotguns, Lot of technology going on there. There's gas, and there's this, Nate, I There's a lot happening there. My old trusty old trusty Billy. She ain't gonna let me down. Not going to let me down. As my pump. And in turn Sarah's pump shotgun as well. Or or new jizz? Ah, a single shot. I just simple So when it comes to all this electric stuff, it's really kind of freaking me out. And where I started freaking out is when I thought about Ah, upgrading the Falcon and upgrading trucks. I drive enough 1 50. And I saw the new 2021 f 1 50. And I went Ah. Oh, okay. Um, yeah, It looks like a truck. Kinda And what I mean by that is, if I can turn a key. Maybe I'm just old. If I can't turn a key, it's hard to trust it. This push button nonsense is kind of freaking me out this push start. And I, you know, you push it. I tried to imagine myself in a in the forest. I'm up north in the snow. And I get and I get to the truck and I hit the button, and I just It's just me. I want to crank minimum. That's what I want to do. Then let me tell you something. It looks like a spaceship. It's got a lot of screens and a lot of touch screens and all that. I'm like it's not very trucky. You know, And then the new Bronco was was announced. And I'm thinking, Wow, It's kind of this tug on it. So I just want to stick with an older truck. I like but then is that reliable? With us all moved to all electric stuff is just it's a little It's a little dicey to me. And all and I was completely used the new one of the new words. I was triggered when I saw the 2021 1 50. Because I've got Yeah, We're all moving to electric. Everything. You know, I mean, how many times has your GP has been on the fritz? Your garment watch oer your phone. That's all electronics. When you're not hunting, you better needn't know how to use a map. You know, you better know how to use the topographic map. So you know where the hills are and all that stuff you but have you can't mark someway, your truck mark somewhere in case everything conks out on you in case it gets wet. I just don't know what could go. What could go wrong? I know a lot of something Go wrong. And hope everything goes right when it comes to these electric vehicles. And then I saw that quiet cat was, But do you do you ever quite cat? Quiet cat were those electric bikes and their maid All authority the big like mountain beefy mountain bikes, But there are electric And they were advertised for our world for the outdoor world. So you can basically sneak into a spot without having to hike the six miles like we did on our last. L can't you could just kind of cruise along on electric bike. I think, Okay, that's neat. But what if it's snowing? What Ifyou're going through creeks does this. You feel me on this? I Maybe I don't want Ted to catch up with hunting. Maybe I just wanted to get back in the old kind of days. Like like, why are we why we even have the Option of taking a of taking a bicycle. It's electric. Certainty. If intern beans were here, she would be throwing something at me. You are so old, because I'm catching myself right now sounding very old. Yeah, I am. Yeah. I mean, there's there's electric everything this electric a TVs. Yeah. All electric getting in and out with just its supposed to it. It's all in the name of stealth, but it scares the tar outta me. I'd rather walk and I think I will have come here. Voices get a little dicey there so But do you want that chime in on facebook dot com. Forward slash Negotiate with my gross on instagram and go show off my grass will let me know. And by the way, put posted to my page or comment on one of the posts on Instagram. If you send me an instant message, I'm terrible with that, or direct message. What? Every call of things I'm.
What is the 64-4 Rule and Why You Need to Start Leveraging It with Dennis Brown
"A welcome back everybody in day we have a solo episode I. Hope You're not upset it's just me I'm flying solo today but unless you've been living under a rock, most everyone has heard of the eighty twenty principle. So we're gonNA talk about today. But what we're GONNA do is we're going to put the eighty twenty principle on steroids jacket up we're GONNA, put it on steroids to give you even more significant impact on your business. So the short version of the PARETO principle says that eighty percent. Of Your facts come from twenty percent of your causes. Now, when I I read that it was kind of confusing but here's how it translates in a business context. Okay. Because we're here on the growth experts podcast though that's what we talk about businesses in growth right? So let me transition into more of a business conversation. You've probably heard the phrase eighty percent of your results come from twenty percent of your activities or maybe you heard eighty percent of your profits come from twenty percent of your customers. Or maybe you've even heard that eighty percent of your sales come from twenty percent of your sales people. Now, those are just a few. Here's a couple of more they may resonate with you eighty percent of your leads come from twenty percent of your marketing, and the last one of them to share with you unfortunately is that eighty percent of your customer complaints come from twenty percent of your customers. So it makes sense right? Because the fact is not all customers, prospects, sales, people, or even business related. Activities are equal. Therefore, we shouldn't try to treat them as equal right. This means that if you identify the twenty percent and then you focus in double down on those twenty percent of activities, you can see huge dramatic improvement in your productivity and even in your sales. All right. So again, hopefully you're not confused but if you are let me add your confusion now really I'm hoping that I can clarify this by the end. But what I'm about to do is put this eighty twenty principle on steroids all. Right so for example, we know that eighty percent of our profits come from the top twenty percent of our customers. What if we peel the onion back one layer more and did the math again, right. So if we applied the eighty twenty rule to the eighty twenty rule that we've already applied, right so this would equal sixty four percent of our prophet coming from the top four percent of our customers. So let me just walk you through that again again, if it's your applying the eighty twenty rule. To the eighty twenty rule, twenty percent of twenty that's four, and if you do eighty percent of eighty that sixty four. So I'm not very good at math in, it's not an exact science, but that's the basic framework of what we're doing. So think about it after you identify your top twenty percent of customers or better yet you apply the the sixty four four rule and you identify the top four percent of your customers that are generating sixty four percent of your prophet imagine creating a profile of. What each of those groups looks like what each of those customers look like right or prospects or whatever it is that you're you're leveraging here for the eighty twenty rule and focusing all of your sales and marketing efforts towards those potential clients that most closely match that profile I mean it's pretty amazing. How by simply focusing on the right activities on the right customers can have a huge impact on your business. So I decided to share this quick nugget with you today because I truly believe even if. You apply the eighty twenty rule, but even more. So if you apply the sixty four rule that we talked about today I, think it can have a huge impact in many areas of your business, including increasing sales, increasing prophet, increasing, productivity, identifying, and fixing problems within your organization and even improving your overall customer service experience.
Female Sheriff’s Deputy Shot In Compton Ambush Released From Los Angeles Hospital
"County sheriff's deputies who got ambushed, incompetent earlier this month are both out of the hospital recovery. Both were shot September 12th as they sat in their parked patrol car at the Metro Blue Line station. The male deputy was released when Say, and his female partner left the hospital today. The gunman is still on the loose, and no new information has been released and no suspect has been identified. The shooter was described by the sheriff's Department as quote a black man 28 to 30 years old wearing dark clothing who was last seen heading North found on Willowbrook Avenue in a black four door sedan. Contributions to the deputy's long term recovery can be made at a lads dot org's slash home slash cares and anonymous tips can be left for L. A Crimestoppers at 800 to 22 tips. 802 228477 or at l a crimestoppers dot or GE,
Chicago-based GE Healthcare would invest $50 million in a new factory in West Milwaukee under proposed plan
"Healthcare, one of the area's longest running high tech manufacturers, is on the move. The company will invest $50 million in its location in West Milwaukee. That means hundreds of jobs will move from the company's big campus and Walker shot, the Milwaukee Business Journal says. The movie is subject to bargaining with labor groups.
More Than 50 Dead After Gold Mines Collapsed in Eastern Congo
"Republic of Congo. At least 50 people are reported dead after an illegal gold mine collapsed as ish Mahfoud equal reports from Harari. It's the latest in a Siri's of mining accidents involving small scale subsistence miners. The tragedy happened Friday following heavy rains in the town off coming to GE in eastern Democratic Republic of the Congo. And I witnessed told French news agency FB that only one person survived. He said the dead tried to escape, but they were swept away by the waters. A pressure informal mining is widespread in mineral reach idiocy and mining accidents are common. For NPR
More than 50 killed at collapsed gold mine in eastern Congo
"After a gold mine collapses in eastern Congo, officials said. Landslides collapsed three artisanal gold mine wells near the city of committal. GE Heavy rains for days led to the disaster. The city's mayor says a team of rescuers with motor pumps came to recover the Victimsbodies In Los Angeles. Two
Boston's Museum of Fine Arts announces reopening plans
"Arts institution, reopening it stores now coming up later this month. It's a big year for the Museum of Fine Arts Cove in 19 aside is it's their 150th anniversary. So, the museum says, If you want to go and celebrate with them, you'll have to take safety precautions. Like wearing a mask and social distancing you, Willis. Well have to buy tickets in advance. Those go on sale today for members tomorrow for non members. There won't be a co check by the way no restaurant access, but they say you can, of course, grab some goodies at the gift shop. So if you want more details and to their website, M f dot or GE
Houston SPCA takes in 90 animals from a Lake Charles shelter after Hurricane Laura aftermath
"When Hurricane Laura hit Lake Charles. Their local animal shelter needed help. Julie Kinston of the Houston S P. C. A says they traveled to the shelter and came back loaded up. We've basically cleared out the shelter in like Charles and was able to bring back 27 dog, 32 cats and even to kitten. Cancel says Adopting one of these pat's is a fun and loving way to help the victims of Hurricane Laura Veterinary exams were complete. And some of the pets will be ready for adoption. Starting tomorrow. Go to Houston s P A. S P c a dot or GE for adoption
A Look at Bird Strike Countermeasures
"Obviously, bird strikes against you feel like this is an issue but it is right and these things especially. If. It's like a goose I mean, that's a I don't know what twelve pound object getting hit by something going for and miles per hour. Well, what what is, what is the damage like here and how do they? What is the technology keeping US safe from safe from these bird menaces it really is testing. That's what it is and designing for the regulatory requirements. So the regulatory criminal for aircraft for twenty five aircraft which are trying to transport category or. Larger business jets is a four pound bird I think is going at VC So that's a pretty fast speed. I'm electrical guy not a structural person but. Those tests are super destructive, and if you ever, you can go online and go on Youtube and see bird strike tests I've seen the other crazy it as look like they become liquid hitting these. Oh Yeah. Everything becomes at that speed is so much energy. Being dispersed in such a short span of time that biscuit the turn Jello. And it Kinda. It kinda it absorbs into the structure in which is running into, and then there's really no way. Today we actually have some competition ways to predict the amount of damage that recur, but we still do testing. So it's sort of a computational I look, and then we followed up with some validation testing. But as we have done that the last several years, we kinda get more and more. So the computational side. But? It's very easy to see aircraft that was struck by birds and the level of damage because it usually is not just one bird usually they're flying into a grouping birds. So birds hit windshields knows Rome spurts, wings, Burns, hidden vertical stabilisers, or horizontal stabilisers. burs being adjusted into engines are a huge problem because you can. On a wing, you can penetrate that leading edge and get into the thing. They got a fuel got fuel coming out right on an engine. It's going to go through that engine and you can lose or maybe maybe worn more than one bird typically but you can lose that particular engine and just like you're talking about with sully where they had birds go in and both engines in Las both engines so. It's. It's a really serious thing in if around airports that have bird probes and it tends to be at least in our part of the World Canadian geese that migrate want to hang out at the end of the runway. You'll see things like these noise canons, propane cannons at fire off once a minute to encourage the burs lands somewhere else because at a Canadian geese is bigger than a four. Pampered. Right So if you hit something that's obviously hopefully, you're catching it closer to the crown where you're going to get slower speed. So the energy last but the amount of damage that can occur bird impact is substantial substantial to the point where now we do a lot of testing to make sure that the bird can't bring down an airplane but still in the sully situation burs going both engine just really not much you're gonna be able to do their. The FAA puts up notices about where birds are. Philadelphia had a problem for a while. So yeah, it's it's really really serious, but it happens pretty often a lot more. It happens more often than lightning strikes in my opinion early, the damage more visible the lightning strikes because it is a debt left somewhere. On, the aircraft when shield knows radio. All over all over well so these engines are pulling in so much air and creating so much thrust. Create like vortex where a is more likely to go into the engineer or not really so much everything's happening. So fast I, mean you can kind of suck it in if it's if it's not directly in that lie in that line it can definitely could pull it in just grab. Yeah. It can kind of graphics. They do have some Massar but it's the engines pulling so much air sucking so much Erin to it it's it's like a vacuum just going to say anything it's around it into it So the engine manufacturers, Ge's Pratt and Whitney's the. Royce look at that as part of the one of their certification task is to validate what has a bird. Goes to the engine because what you don't. WanNa do is. Start loosening the heavy rotating parts of the rotors. Rhoda per situation. So not knowing you lose a bird, but then he got this flying grenade of an engine blowing holes in the wing and the fuselage and tail, and all this other stuff causes other problems. So it's it's a really serious certification thing but when we don't think about that much. I don't think of all the years I don't think about an aircraft has actually struck a bird I've seen damage from it but close but I don't think I've been an airplanes actually struck a bird. Have you ever been an airplane? That's? Not. What it now now makes me very nervous. So. Limited have my eye out for these birds album. I worry about it with a Canadian geese are or this large flocks in occasionally see it editor ports as you drive into an airport like There's a large flock of whatever geese hanging out down here. That probably smarter hope not taking off in that direction today.
"ge" Discussed on WBBM Newsradio
"That or GE Northern Illinois Food Bank is committed to your communities recovery. We're all in this together. You're next traffic report at 10 28. NewsRadio 7 81 of five point out of back to weather forecast for today, shaping up to be a rather pleasant Sunday in Chicago. Mostly sunny, pleasant, low humidity high of 85. We do have a beach hazard statement for strong rip currents in Lake and Porter County's Along the lake Michigan shoreline in northwest Indiana. That's until one o'clock this afternoon. Tonight. Patchy clouds lows ranging from 58 in some suburbs to 68 at the lakefront tomorrow. Partly sunny high of 80 for Tuesday. Nice with sunshine, some clouds behind your 80 Wednesday mostly sunny high of 83 Thursday. Sunshine, mixing with clouds warm maybe a shower or thunderstorm in the afternoon. And a high of 86 than Friday. Intervals of clouds and sunshine and a high of 85 right now we have 76 degrees at O'Hare under mostly sunny skies. 77 midway 74 at the lakefront and in Wheaton, Sunny Sky 74 going up to 85. It's 10 20 our top story this hour. What began as a peaceful march on the south side ended downtown. With the scuffle between Protesters and police Last night, two dozen protesters arrested several police officers injured. We'll have much more on this story coming up at 10 31. Elgin is trying to get $4 million in funding to replace several 100 lead water lines..
Boston Bruins Shake Off Tuukka Rask News, Beat Carolina Hurricanes To Take 2-1 Series Lead
"Afternoon, the Boston Bruins getting past the Carolina Hurricanes three, toe one Boston, taking a two games to one Siri's advantage, despite the fact that their franchise leader in games played between the pipes. Goaltender to GE Rask opted out hours before puck drop Bruins head coach Bruce Cassidy talked aboutthe situation. Postgame. I know he had Ah, uh, his third daughter this, you know, this spring, um and and it was on his mind leaving here and you want to get something settled at home. But after that, it's his business and I don't get into unless he wants to discuss it with me, which I think every player is a little bit different that way getting underway at
"ge" Discussed on KLBJ 590AM
"A collaboration with GE healthcare focuses on building ventilators production with forty set to begin April twentieth at a Michigan plant General Motors was also pushed last week by president trump's defense production act to speed up its partnership with inventing life systems it will begin producing ten thousand ventilators per month in the coming weeks at a plant in Indiana tables of the number of coronavirus cases around the world tops more than a hundred thousand nearly twenty percent here in the U. S. where the number of people who died is now to thirty one hundred seventy many of those in New York City area or a make shift hospital built by Franklin Graham's organization opens today in Central Park we've got people there that have experience dealing with infectious diseases so they know how to do this are there quick before they're ready for it no U. S. navy hospital ship getting ready to take non corona patients today after docking in New York other temporary hospitals are being set up in convention centers in other places in other states like Louisiana and Michigan where cases keep spiking America's listening to fox news he'll be J. news time is eight oh two good morning I'm mark Caesar this update is brought you by sinus and snoring specialists a survey of Texas restaurant owner show many are fighting for their lives it's estimated one in three restaurants has closed temporarily because of corona virus but Anna Tauzin with the Texas restaurant association says those that are still open and seen a forty three percent drop in sales combining for a total of one point eight billion a loss revenue already alright give it just a snapshot of the extreme economic impact that the cover nineteen countries that having two thirds of Texas restaurants laid off most of their staff and Tauzin says one out of every ten restaurant owner says within the next thirty days they'll have to close their doors for good Patrick Osborne is radio cable B. J. Austin is preparing facilities for the elderly who test positive these two facilities we have specially trained staff to treat covert nineteen with the goal of cutting the death rate for elderly nursing home residents says the city's Dr lean fry there's really no reason to expect that we would not have the same mortality again thirty percent mortality and nursing facilities here that they had just weeks ago in Washington state prices these facilities could fill quickly your predictions are right and if they do fill up she says the city will identify more sites that can isolate positive nursing home patients Robert wood newsradio Gail B. J. Austin school board met last night but the finish the meeting without making any decisions on online learning overcrowding leads officials to close lake Pflugerville including all peers trails restrooms and pavilions the city of Pflugerville says too many people were gathering increasing the risk of spreading corona virus the mayor says if people don't heed the warnings all other parks may be closed as well it's eight oh four eight K. L. B. J. here's Austin's on time traffic.
"ge" Discussed on Stuff To Blow Your Mind
"Mighty weapon. And Holon certainly add one in the Guy Bulga like the a weapon so mighty that it is the is the the death weapon of last resort. He only even turns to it if he's basically fighting an opponent that is on his own level. Now it is not known exactly how to translate the term. Guy Bulga right It's translated many different ways I think we know that guy basically means spear right, but the Bulga. There's questions about what that means. Yeah, that's correct. guy certainly mean spear or Dart but the the Bulga part is. Is Open discussion. There's a particular tax return to by a by a writer by the name of Edward. pet I'm not going to give you. The full name of that article gives will give away what we're going to get to. In the later later portions of this episode we will say the name of the article. You'll say later, but he points out that that the guy. Boga has been translated as just use a test sampling, the belly DART, the DART of belly, barbed spear spear of Bello's body. Spear Bagged Spear Spear of swelling? The. Spear of the sack Fort Spear. Gaps Speier Solar Speier at the spear of mortal pain, the EEL spear spear of the lightning God spear of the Thunderbolt and he also adds that the Boga part has also been interpreted to perhaps refer to an inflated bladder. That one so essentially this would be a fishing spear like one would have tethered to something that floats Oh that's interesting, and then likewise it's also been potentially connected to the fear, bowl. These according to Carol rose the the the folklorist that often refer to when we're talking about mythological creatures and monsters she, it says these were the mythic first inhabitants of Ireland defeated by the to author, John and driven into mountain, caves and forests, where they became loathsome Munster's so possible connection there as well, but okay. Whatever Boga means they're bellows bulge whatever we know that there's some kind of special magic spear. So how does it work? What does it do well? One of the things is that colon alone knows how to really wield the weapon. You know I mean he, he. He is taught to depends. It depends on which version you're reading. He's either taught by God or by you know a skilled master, and he alone has mastery of the guy. Boga but it is a as a sphere, a weapon that you only turn to the basically I just last resort, and also users really willing to to absolutely murder your opponent I'm sorry I'm just suddenly reminded of one of those newspaper articles from the nineteen twenties that we quoted in our death-ray episode of invention where the Guy was like the death ray is mind, and only I can have it. Yeah! This was his death ray innocence now in that fantastic reading at the top of the episode. That story of from the cattle raid of. That really gives you some of the key attributes of the weapon here so it is brought to. The stream his charity or puts it in a stream and it. Floats down to him, and then it is cast by the foot. So, he picks it up with his seven toed foot in cast that dusty aims it with his seven people die right, and and then also in that telling we see that it it pierces his opponent through the anus, which is not a detail that is present in every telling of the story. But it is. And part of it has to do with the fact that his like you know, these are two. Former friends, you know the I mean. They're still friends, but they're. They're battling each other and. And they each have sort of magical abilities. You Know so Colin alone has the mastery of this fabulous barbed weapon, and then his opponent has his horns skin that protects most of his body, but not the the anus, so you might say that, for D, it has an Achilles heel, and it is his anus. is his Achilles anus so maybe instead of saying Achilles heel from now on, we should substitute for deeds. Amos is going to be challenging to drop that into just casual conversation I'm. GonNa Dr. Try Robert for the rest of my life for deeds Amos. All right so that that that Edward pet. Article we mentioned earlier. I believe this is Edward. G. Pettit from Lasalle University. Who's apparently something of a an edgar? Allan Poe expert and a monster expert I'm reading. teaches classes on vampire, literature and so forth. But he drives home that there are several key attributes that are that are generally consistent in the various. Telling here so first of all only Helen can wield the Guy Bulga here. He alone was taught. It's it's martial art and the teacher varies from immortal to see God okay. Another thing he mentions that it's sort of a single use weapon, right? You get one shot. Now that being said. I. Don't think he ever misses with the thing. or at least I have not read the story. where he busted out and Mrs Accidentally Hits a nearby bird in instead right also, it's sometimes sent to him by water the such as in our opening story there, it's it. Traveled down a stream to him. But it doesn't appear in the context of water. He also thrown from below the water. Yeah! So. It's also is a fearsome weapon, so did or special armor in an attempt to protect himself from it and know clearly. When he sees it. The this weapon is is is coming out you know he takes notice. It's gotten dire. It's not just a normal. Spirit is something that is known to be very dangerous. Right a just mechanically in its characteristics, a weapon pet. It says that it is quote accurate, Sharp, strong and highly penetrative. Yes, to say the least it's also inescapable and deadly, and in later telling it's also said to be venomous in cursed with an incurable poison that fills the body. No one really interesting feature about it is the idea that it is many barbed. I it's cast is like a single speier that is straight and thin, but once it pierces the body. It is said to spread out. It's barb, so that has to be cut out in order to be removed. He can't just pull it out. and this would be kind of like the barbs on some existing spheres like fishing spears sometimes would have barbs like this in order to make sure that the thing stays on their once you stabbed, but it's not just that it's barbed. It's that there's this idea that it sort of spreads out in the body like once you pierce somebody, the point and the barbs. Spread to all of the veins or spread to all of the joints and limbs. Quite sure exactly what it means there, except I'm sort of considering. When do you remember episode about Mistletoe? The plant, the plant parasite disappear side on other plans where we talked about the idea of the house story and it's this. Sort of root structure for mistletoe that grows on the surface of a tree.
"ge" Discussed on Stuff To Blow Your Mind
"He fights off the forces of Queen Maeve at the age of seventeen. Believe virtually singlehandedly like he's dat, powerful warrior, but he's eventually tricked by warriors in the employ of made and slain at the age of twenty seven, so not a long life, but then again. You know you're an Irish warrior. During the first century there's not a long life expectancy there now they kind of have to employ some trickery in order to overcome his strength, which think is a common feature in like mythic hero cycles you see that with like Samsung in in Jewish legend, and you sort of see version of it with Achilles with them, finding out his one weakness, and indeed there's basically like a three-part plan that has to be employed here I mean the first one being key. They tricked him into eating dogmeat. Which Breaks Taboo in weakens his spirit. Yeah, I read somewhere that this came about Bhai pitting two taboos against each other like there's a taboo against refusing hospitality on one hand, but there's also a taboo against eating dogmeat. So what if somebody shows you hospitality by offering you dog meat? You're you're caught? Yeah, you're caught there. That's you know. It's still interruptus so he had to pick, and he picked to not refusing hospitality, but he ate the dog meat, and that that screwed him up. Now the next thing that helps if you're trying to take out a half, divine warrior is to have a divine weapon of your own a magical weapon of your own that will will help you slay them, and so that's what the trio do here. They hit him with a magical disembowelling spear that is enchanted to kill kings. They apparently had three of these, and they used to on his on his compasses, including the chariot tear. King of chariots, which seems kind of like a a loophole in the whole king thing like you don't have to actually be a king. You're just kind of a quote. Unquote, a King of something, but colon has like a really bad dude moment here like he gets it with the spear, but he's like I'm not going down that easy. Yeah, he's not GONNA die. Like that, he is going to die standing up fighting, so he like tuxes innards back into his body. And then. Stumbles over to pillar lashes himself to the pillar that he can fight and die standing up right. They're going to have to come in and take him on his feet, but okay, so he's tied. They're dying and they gotta be trade right because Helen is the killing machine, even dying, cut open with a with the kill, Speier tied to Iraq or a pillar he's going to be. Be Scary, so they don't WanNa. Get too close so I think one source says that they had to wait until a bird landed on him in order to know that he had actually died. Yeah, and then they move in then what you do, you cut off his head to be sure when they cut off his head. There's this brilliant light that like cuts off. One of Attackers Sword Handset leave, and then it's not until they they cut off Colin sword arm that the light dies away and that he's definitely dead, so it's like you don't have one thing to cut away the seat of reason from this mighty warrior also have to cut away like the the physical sore hand of the warrior. There's a wonderful like full telling of this final battle of one in particular that light came from Lady Augusta Gregory. Coo. Coo Helen of Murtha Ni from nine hundred to. That's all online I. Recommend checking that out. If you want the full blow by blow, death of Colon, so how do we not have full hall and movie? Yeah, it seems like we should. I mean how many Hercules movies do. We have right way too many easily. Peel off some of that money into the Caholon Enterprise. Now we were talking before the episode about who to cast as we could not come up with a good idea because all of the best Irish actors, we were thinking of to cast this Irish hero, or now all those yeah, but like Pierce Brosnan Yeah Pierces right there in his name. But, but sadly like we said he he died at twenty seven. You need you need a young like powerful and imposing Irish men who is also a really good actor. Yeah I, think some of my favorite Irish actor. Let's see there's There's Brendan Gleeson guess he he's older now. There's I love. Liam Cunningham the guy who plays her Davos on game of thrones but HAG. I don't know I. I don't know who the young guy is I. Don't know everybody can think of is too old. Like even be There's a thinking well. Maybe a professional wrestler I get. A big muscle bound dude to play colon. Okay, there's there's a guy named shameless. WHO's a big Pale Irish wrestler, but he. He's too old for the part. Maybe he could play the doubt version of Colon. You do kind of. Like the incredible Hulk TV show Brad Lou Ferrigno playing the the actual Hulk Oh this is giving me a great idea, actually like the main normal Holland before he helps out, he should be like Super Way. Fi like a very very wavy, boyish teen heartthrob kind of Irish actor, and then when he hawks out, he gets replaced by the bodybuilder. Okay, I like this so we'll. Maybe our Irish listeners especially We'll have some ideas about who who could be cast in such a film are Irish listeners also I'm sure going to get in touch with us to let us know how badly we're saying all these words I'm sorry. All right well, we're GONNA. Take a break, but when we come back, we're going to get into the real meat of this episode. We're going to talk about. The unnatural. Death Weapon of Holland, we're GONNA talk about. The Guy Bulga everybody, today's episode is sponsored by Native Deodorant. Native has good smells with ten cents, including their classics and rotating seasonals. You're guaranteed to find one..
"ge" Discussed on Command Line Heroes
"Let's go back to something. Thomas brought up in our conversation in something we also talked about. In last season's seachange Enj- episode when Dartmouth College Used The G. E. Two twenty five to develop a tool that allowed programmers to work from different terminals at the same same time in other words time sharing GE hadn't realized the potential for that Dartmouth built it's time sharing system and using the GE to twenty five as well as GE data net thirty and General Electric had previously considered neither of those machines. For time sharing joy lizzy Rankin is technology. Historian the key thing about time sharing was that the computer cuter needed some way of being able to sort of stop. Its own clock. That's what the time sharing refers to not people sharing time on the computer but the the computer actually sharing its own time to process multiple computing requests and it was the faculty and students at Dartmouth College who had the idea of using the data thirty which was a GE communications computer to do that clock and time management together with the to Hugh twenty-five because mainframes were so expensive in the sixties the most efficient way to use them was to run programs in batches someone would write a program. Get the cards punch to run the program then hand over the cards to an operator. Then they'd have to wait for it to be bashed with other programs. Sometimes they'd wait for hours even days. Time sharing basic and and Dartmouth and GE's relationship are crucial to ushering in what I call an era of personal computing before social computers and social networking well before facebook g. e. was easily able to take what was learned from Dartmouth building this time sharing system Tom and adapt it to their own business and quickly build a global time sharing service industry. I think at one point in Nine hundred seventy one hundred thousand time sharing users in Europe alone so this was a substantial business for them through the nineteen seventies into the one thousand nine hundred eighty s despite the success of the ged to twenty-five and the line of to hundreds that followed General Electric sold its Mainframe Division to Honeywell in nineteen seventy but they did decide to keep their time sharing business open and it stayed profitable well for years to come.
"ge" Discussed on TechStuff
"That was the business that started it all really all the way back in eighteen in seventy eight and the Edison Electric Light Company but innovation can sometimes be a double edged sword the move toward led lights which can last for thousands thousands of hours meant that there just wasn't as big a demand for light bulbs anymore because if you don't have to worry about the light bulb burning out on a regular basis. There's not much call to a buy new ones you just by the led's you might sell your house before you ever have to change that lightbulb so light bulbs sales. Were starting to drop. There just wasn't enough enough call for them. I bet it may g long for the days when informed that secret lightbulb cartel in which companies agreed to limit the useful life of a light bulb through engineering era and things were rougher shareholders too since G had cut its dividend payouts a few years earlier. The payouts had slowly increased again. They grown up to twenty twenty four cents per share. So that was an improvement. It was still below the thirty one sense that it had been at its peak but was better but in late twenty seventeen. Ge had to cut the dividend again that time down to twelve cents and then not too long after that there were forced to do another cut they they just realized that there just wasn't enough money to cover the dividend payout so the dividend got cut down to just one cent per share. It just didn't have the money to cover the payments otherwise in addition. JI was having to deal with an unexpected cost. The company had not issued any long term care the insurance policies since two thousand six and in fact it had spun off almost its entire insurance business with a company called. Gen worth however in order to make that deal happen. G was forced to agree to cover any losses from long term care insurance. It was just seen as too great a financial risk otherwise otherwise so. Ge signed that agreement now. Those long term care agreements are policies that are meant to cover the elderly and it turned out that ensures ensures not just at Ge but across the industry had underestimated how long policyholders would actually live and the medical costs including things like nursing home fees would tend to get higher as customers got older so as people lived longer they were creating a larger and larger drain on resources sources for these insurance companies like if you looked at it from a financial perspective the person who was paying for the policy was getting way more benefits out of it they were paying into it and that was an issue so this was a huge cost for GE and it's no wonder that the company was continuing to try and find ways to get completely out of the insurance business to meet the obligation flannery had to redirect fifteen billion dollars of GE's wealth in two thousand eighteen just to cover the obligations of that insurance policy stuff and the company was also hit with a seven and a half billion dollar after-tax charge so things were really rough also in two thousand eighteen GE would leave the Dow Jones industrial average. If you listen to my previous episodes you remember number that was one of the original companies listed on that average when it was first created and it was the only company of that original list that still existed in two thousand eighteen it had been part of the Dow Industrial Average for one hundred eleven years but the performance of the company along with the perception. Shen that industrial companies in general weren't really key indicators for overall market performance meant that those days were over so in its place a different company would join the Dow that was walgreens boots alliance drugstore chain company meanwhile a problem with Geez most recent heavy duty gas turbines binds caused other issues for General Electric Utility in Texas had shut down to different power plants for repairs due to failures with these new turbines that news would end up hurting G. power sales which weren't doing super great at that moment already flannery efforts were seen as insufficient by the board of directors directors and on October first two thousand eighteen the company announced that flannery had been removed from the position of Chairman and CEO and the board appointed an outsider Laurence Kulp to serve as the new chairman and CEO Flannery had been CEO for about fourteen months and then he was out the would give flannery flannery the unenviable distinction of having served the least amount of time as CEO of all Gao's at least so far cope would be the third CEO to lead the company since two thousand seventeen the company cup took over was in turmoil and there were pending pending investigations into GE's accounting practices which had for years as I said earlier been described as opaque polite way of saying the company wasn't making it easy to see where money was coming from or where it was going to Ge had already settled SEC charges in the past but there were others that it sought to find out more about the finances of the company and then of course there was the recent report from Markopoulo. The Guy who was one of the early whistle blowers on Bernie Bernie madoff before everyone was aware of the Ponzi scheme that made off was running. The MARKOPOULO report alleges that GE is essentially robbing Peter to pay Paul also shifting cash around frantically to fend off insolvency. It's kind of like a shell game to try to move money around fast enough so oh that the company doesn't collapse. Ge I should add disputes this report and says that the allegations are baseless and it cannot be ignored that Markopoulo himself himself actually stands to make a lot of money should. GE's stocks decline in value so you could argue there is a motive for markup lists to try and drag GE's name in the mud so they're valid arguments on either side about whether or not this report is something you should pay attention to or if it's something thing that has ulterior motivations behind it that being said the fact that the Markopoulo report came out doesn't change the fact that there were already already numerous investigations government investigations into GE's businesses that could end up hindering the company further so there seems to be smoke. There is just a question of is the fire what Markopoulo says saying or is it something else on top of all the problems. The company faces aces is another external force. That could really spell doom. Many financial analysts say that signs point to another global recession already already industries like manufacturing and freight are in a bit of a slide so a recession would greatly exacerbate General Electric's problems so are we we seeing the end of days for a company that helped launch the technological age. I don't know I don't feel great about it but it is a very large company. It's not like any of these things is definitively the death knell for General Electric and there's lots of that could happen we could see. Ge Get broken broken up into smaller companies that individually are able to succeed much better than they can collectively all of that remains to be seen but it was fascinating waiting to learn more about this company's incredible rich history and I know that this last section was much lighter on the tech side as I said at the beginning thing but at the same time I thought it was important for us to understand how a company that had been so instrumental and setting the tone for the technological analogical age could be facing extinction in two thousand nineteen at so. Here's hoping that things turn around for G. She e that the company is able to reconcile all these accounting practices that is able to deliver value to employees employees to customers to retirees and to shareholders not just to shareholders and that wraps up this episode if you have suggestions for future topics of tech stuff whether it's a company a technology concept in tech anything like that. Let me know. Send me an email the address this is tech stuff at how stuff works dot com or drop me a line on facebook or twitter handle. Both of those texts stuff h s w you can also pop on over to our website site. That's tech stuff PODCAST DOT com. GonNa find a link to the archive of all of our previous episodes there so you can look up all the different stuff. We talked about including the previous episodes I did on. GE's history where Chris Paul at night sat down and talked about it but the show was very different back in those days. If you WANNA hear a different take on the same sort of stuff you can check that out that one came out I believe in two thousand twelve and don't forget we also have a link to our online store where every purchase you make goes to help the show and we greatly appreciate it and I will talk to you again really soon. The tech stuff is a production of iheartradio's. How stuff works for more podcasts from iheartradio visit the iheartradio APP apple podcasts or wherever you listen to your favorite shows here sports business and everyday life breath there were rules fertile. If it has to do with rules you can learn all about it on the podcast. Good calls with me. Euros deemed blondie each each week. We'll break down the call. Everyone is talking about in take you into the world of sports officiating no way that hasn't been done with listen to good costs on apple podcasts on the iheartradio. APP or wherever you listen to podcasts..
"ge" Discussed on TechStuff
"One one thing I want to mention before I forget it is that during emotes run as CEO of GE. There was a particularly wasteful practice going on that would later you get a lot of media attention when it was made public emerald traveled a lot he would meet with various. GE executives and facilities all around the world as well well as with other company and industry leaders and politicians particularly he would do this when he was on the lookout for possible acquisitions and he made a lot of those as as he was CEO of Ge hop over to the other side of the world he would take one of the GE owned business jets they had six of them but here's the curious thing every time he would travel there would be a second empty jet that would follow along behind and stay at the same airport airport and wait there and then when Emma would fly back so did the MD jet now the justification for that practice which again eventually actually became public in which a jet carrying only accrue no passengers would burn through fuel generate pollution. The justification was that emily was is a very important person on very important business and yes. I capitalized very important in my notes in this section as such. He couldn't be delayed by mechanical failures. His business was far too important so the empty jet was essentially a backup transport in cases primary should experience mechanical delay it was his just in case measure a very expensive wasteful measure the company he would actually stopped that practice in two thousand fourteen which was a few years before immelt would be replaced as CEO spoiler alert. We'll get there all right so back to the post post two thousand one. Ge in two thousand and two G. E. would acquire a business from a formerly huge company that company was Enron which went bankrupt in two thousand one after its own massive scandal which I'm not going to get into here. It's outside the purview of this episode but one of the many parts of Enron to go up on on the auction block after the bankruptcy was a wind power business. Emily was in his own words. Not Enthusiastic about win in Bauer he felt wind power wasn't profitable and it was too dependent upon subsidies and those subsidies could disappear at any time according to which way any government budget legit might be headed so there was no way to control that if the subsidies went away you'd be saddled with a really expensive and non-profitable business but what Ammo gave the authority to executives who really believed in that acquisition to go forward with it and they went and purchased the division it would end up becoming profitable and and perhaps should have served as a lesson for future Molt and I'll get back into what I mean about that in just a little bit in two thousand and three G. E. announced its intention to purchase a majority stake in universal pictures that was a company that was under the control of another company called Vivendi a French company and this deal. Ge would acquire eighty percent of Universal Vivendi was going through a financial crisis at the time so GE merged universal with NBC creating NBC Universal and the deal included several cable television channels like sci fi network USA network as as well as the universal film studio the Universal Theme Parks it did not include universal music that would remain completely under control but lots of the other universal properties were part of this deal. Vivendi would have twenty percent control of this and then you would have ge with eighty percent control and you got NBC universal g would not hold onto this property forever g was acquiring other companies as well at this time adding them to the various divisions visions of General Electric Ge healthcare was growing with companies like instrumentarium and Amersham P L C those were being added did as part of GE healthcare GE capital was also growing with similar acquisitions including some subprime mortgage loan companies and we'll get into that in a bit and G. he would also build out its industrial consumer and energy businesses. Egmont made several acquisitions of companies in the oil industry also in banking and that the old course of fossil fuels in general because he really believed that that was going to be the mainstay for energy production or electricity production. I guess I should say for the foreseeable. Future drought this time. Ge Capital would remain the most profitable division of General Electric and so the company would lean more heavily upon GE capital in order to do things like pay out that dividend to shareholders that setup. Ge for disaster just just a couple of years after GE purchased subprime mortgage businesses the world plunged into a global economic crisis which we often refer to as the two thousand is an eight financial crisis but really the crisis. I started becoming apparent in two thousand seven with these subprime mortgage market so what the heck is a subprime mortgage while the short answer is it's an incredibly risky predatory and irresponsible market practice that depends upon people who are some of the most vulnerable folks out there. Maybe that's just me putting my own bias on things but it's hard for me to see the whole concept is anything other than dumb and harmful harmful but here's how it breaks down all right so you know about credit scores right..
"ge" Discussed on TechStuff
"Hey there and welcome to tech stuff. I'm your host Jonathan Strickland. I'm an executive producer with how stuff works in Iheartradio and love all things tech and we have come to the end of our journey covering the history of General Electric Up to today and just a heads up. This episode is going to focus a lot on the business side of General Electric rather than the tech side of General Electric. I could've ended the series with the last episode as far as the technological innovations go now that's not to say. Ge hasn't continued to innovate in the Post Jack Welsh era aw but rather that the innovations the company is most known for span the previous one hundred years of its existence the last twenty years the most recent twenty years have been more marked with controversy and business practices and mark issues and I think it's important to understand Dan what's happened since two thousand one because GE has been such an incredibly important part of the modern technological landscape. I mean that's one one of the main companies that helped spread the electrical infrastructure in the United States you know without. Ge It would have taken much longer for that to who have happened in the world would be very different today if ge had not existed but in the last episode. I told you guys about Jack Welsh the GE the CEO who pushed the company to incredible profitability mainly by selling off businesses where General Electric wasn't in first or second place in the industry he sold off more than seventy of GE's businesses just in this first two years of being CEO he also laid off more than one hundred thousand employees. Glow Yee's which earned him the nickname neutron jack because like a neutron bomb he eliminated people without damaging the assets and he also led efforts to acquire choir financial institutions like banks and insurance companies to launch this financial insurance business and that would end up giving Ge an enormous revenue boost it would become incredibly important for the company in the nineteen eighties and beyond for different reasons now one exception to welches amazing victories was an acquisition of securities firm called Kidder peabody and company any which was actually an even older company than General Electric if you looked at the origin for Kidder peabody and company that firm traced its history all the way back to eighteen sixty five more than a decade before even the earliest companies that formed General Electric Welsh should lead the acquisition effort in Nineteen eighty-six but then there were a series of scandals centered around insider trading that brought a lot of suspicion and scrutiny scrutiny on kidder peabody's business and therefore GE capital the financial division of General Electric and the year after the acquisition the global global stock markets crashed on October nineteenth nineteen eighty-seven what was called black Monday the combination of events convinced Welsh the he and made an error in judgment acquiring kidder peabody and it took several more years and more scandals centering on kidder peabody's a record keeping and allegations allegations of reporting false prophets but gee would eventually sell kidder peabody off at a huge loss now that embarrassment aside g. e. for the the most part did very well in the eighties and nineties the Stock Price for GE rose four thousand percent some sources state that when you take all the factors into consideration was more like five thousand two hundred percent under welches command. He put off his retirement in order to secure an acquisition of honeywell international now. If you listen to my last episode you know that didn't go well. The European Commission denied the merger for anti competitive reasons and the man and who hated to lose Jack Welsh had to go out on a down note but compared to Ge you could say Jack. Welsh got off easy now. This episode will cover what happened to General Electric since two thousand one including the events that would create massive problems for the huge company and there is ongoing disagreement as to weather most of the blame should fall on welches successor or if Welsh himself should shoulder some of that responsibility or some other party so what the heck actually happened. I let me talk a little bit about. Ge's stock because that's going to come back around later in this episode a few times so so for years. G. Paid out a dividend on its stock. Not all companies do this and a dividend is a payment that a company makes to distribute some of its revenue to its shareholders so a company makes money and then distribute some of that money amongst the people who hold shares in the company. It's usually not very much per share in fact it's typically less than a dollar. Jeez case it was around thirty one cents for a long time in the US. There are no rules about how frequently a company actually pays out dividends. Most companies will do it quarterly so you would get one quarter of your dividend four times a year so so if it was a dividend of forty cents that means every three months you would get a check for ten cents for every share you own so it's not very much but if you own a lot of shares it starts starts to add up and besides distributing revenue it's also meant to incentivize shareholders to reinvest and buy more shares of stock in that company so the idea is oh you gotta dividend payout. It's enough for you to buy another share in the company so you spend that dividend buying another share. That's the logic there well well. When Welsh I took over Jeez stock wasn't doing so great. It wasn't super high. A lot of investors thought of the stocks walks as essentially a dividend payout and not much else so you wouldn't buy. Ge Stocks with the idea of selling them at a higher price later on the road. You know you weren't thinking talking. I'm going to buy now because in five or ten years. The stock is going to be worth two or three times as much you bought. GE's stock because it paid out a dividend evident so it would take a long time but you would eventually make more money than you invested if that dividend were to hold steady now when Welsh took over over the stock price actually dipped a little bit after he had been running GE for a year or two but another year later the entire stock market took a turn AH started to climb in value this would be the beginning of eighteen years of a climbing market a bull market in other words. Even with events like black Monday day in nineteen eighty-seven taken into account so you had moments where the market was not bullish where it was crashing but it would recover and then go back on its bullish route trajectory if you will now collectively the S. and P. Five hundred index it would climb by two thousand four hundred percent and this this was the same time that we started seeing packages like 401k plans replace traditional retirement plans now that meant that stock market performance would become far more important to way more people like in the old days. It was just people who traded in stocks largely. It was a lot of businesses that did that. Trading your average person didn't play the stock market that much but now stuff like our retirement was tied directly into stock market performance so suddenly everybody was really really focusing on the stock market and I meant that it became far more important for stocks to do well see before the nineteen eighteen eighty s stock market performance. was you know it was an indicator of a company's overall health but most people didn't consider it the metric against which all companies these should stand you would worry more about the company's profitability. How much revenue is it bringing in. How much does it cost to do business. And how much profit is the company making. The share. Price wasn't as big a deal that changed around the same time that Welsh took over at GE and welches philosophy happened to match this general shift shift in how businesses operated in the United States now I don't say this to diminish welches contributions or Jeez performance because the company's own stock doc outperformed the general market significantly but I do also want to take the overall market performance into consideration because while I don't WanNa take any credit away away. I also don't want to give too much credit to Welsh and his impact beyond what it actually was anyway as the market improved moved and as GE's performance in particular made its stock price rocket upwards. Ge Stocks were seen as more than just a dividend payout the the company continued to pay dividends though which again is going to be important later those dividends were largely funded by the incredible performance of GE capital. That's the financial financial services division of General Electric in the last year of welches tenure as CEO GE's stock price did take several roll hits but then so to just about everybody else in March two thousand the stock market's performance shifted it was no longer bullish it was going into a bear air market so instead of growing it was receding the Dot Com bubble had crashed and that caused a bit of stock market crisis companies that were in the DOT com industry. Obviously they suffered the most many of them just were blinking out of existence after it became clear that those companies had no way to deliver upon the promises this is that they were making or to be able to justify the crazy speculation that drove their stock prices into the stratosphere before the companies that even figured out how how to generate a sent in revenue but even companies like General Electric which were traditional established giant conglomerate companies were affected by this change in the market between March two thousand and when Welsh would hand over the CEO role to his successor Jeff Immelt in early September number two thousand one the stock price for GE had fallen by twenty four percent now. I point that out because often the simplified story about what happened to Ge he was that Jack Welsh step down and immelt fumbled the ball that emily was a terrible CEO and he could not follow welches lead but in reality -ality I think the story is far more nuanced and we have to remember that the market itself was changing during this transition it wasn't a case of immelt being handed a profitable company on a silver platter and nothing was going wrong and he just messed it up from there he did make a ton of decisions that would not turn out to be great for GE so I don't WanNa diminish his responsibility either. I just think it's important for us to take all these factors into consideration. Okay so Welsh stepped down on September sixth two thousand one. Emily took over on September seven and four days later. The United States was rocked by a series of terrorist attacks that shook the country to its core. Those effects were widespread. The tragedy touched thousands of people directly tens of thousands. It's millions of people indirectly it transformed the New York City scape permanently and it caused disruption in the markets as well. Wall Street made the decision the to not open the New York Stock Exchange the morning of September eleventh two thousand one fearing that the terrorist attacks would prompt panic selling amongst shareholders shareholders making a truly horrible situation even more dire both the New York Stock Exchange and the Nasdaq would remain closed until Oh September seventeenth two thousand one when trading resumed the market fell by nearly seven hundred points that was a decline of almost MO- actually actually more than seven percent and that was just the first day of trading losses actually continued throughout that week. I hate even talking about this but it is important in order for us to understand. GE's story at this stage in the company's history business philosophies had changed significantly in the United States in the one thousand nine hundred thousand nine hundred ninety S. We created a new environment where share value was the most important metric metric for a business..
"ge" Discussed on TechStuff
"Electrons then the next electrons would fill up the next available state further out from the nucleus and so on and so on until you had all the electrons that that particular Adam would have whether it was a base version of the atom or an ion or whatever this was a pretty big simplification of what is actually going on then in my books. I remember seeing the old illustrations we had newer ones too but I remember those old. All illustrations has made it look like an electron with sort of like a planet orbiting around a Sun like nucleus so in other words according to those illustrations it would appear that an electron electron has a specific position around the nucleus that you could measure detect and predict but as scientists would later learn we could really only determine partial information mation about a subatomic particles velocity and location the more we knew about one of those two things the less we would know about the other so the more you know about particle velocity. The less you know about its position. The more you know about S- position the less you know about blossomed so really we don't know whether electronic quote unquote is is an up in a specific place we see we know where it can be the various positions where the electron could possibly be found. C can think of it as kind of a zone of probability or field of probability. There's a chance the electron will be at any of those points within that field it has to be within the field unless you've poured more energy into the atom and thus pushed the electron out but it has to be somewhere in that field. You just don't know where it is so it's Kinda this amorphous fog that the electron could inhabit now if you have a situation in which this field this imaginary Mary field because we don't actually have a fog here but if this field spans a barrier that normally you would have to use energy to get across it means that the there's actually a possibility that the electron could appear on the other side of that barrier so imagine you have a hallway and there's a door closed at the end of the hallway and you have this electron field and the electron field actually overlaps the door to the point where part of the field extends to the other side of the closed door then you would expect the electron to be in the hallway. You didn't open the door. You saw the electron go into the hallway. You figure that's where it's got to be but because that field overlaps the door there is the possibility that the electron could be on the other side and because there's a possibility ability means that sometimes there will be an electron on the other side of that door and it's as if the electron has tunneled through or climbed over the door but at no no time. Did it ever have to expend energy to do that. It just appeared on the other side. This is tunneling and it doesn't make a whole lot of sense to us because that's not how we observe things in our normal world. You don't go down a hallway and suddenly little Jimmy is just on the other side of the door because there was a chance little Jimmy was going to be there. That doesn't happen been in our real world but in quantum physics it's totes thing as one of the reasons why developing microchips was smaller and smaller components becomes a really. Lee huge challenge because electron tunneling is a problem if you're determined to channel electrons down specific pathways as is the case with a circuit then then you run into an issue if an electron can encounter a gate the gate is closed but because of electron tunneling there's the possibility of the electron appearing hearing on the other side of the gate. It means that you can create errors this way anyway. Let's get back to. GE's time line in Nineteen seventy eight GE's medical medical systems division developed an.
"ge" Discussed on TechStuff
"Two is now so commonplace that you can go out and buy one and use it to frustrate your pets. You know you can just go get a little key chain with a solid state laser on it <hes> but I'm pretty sure back in nineteen sixty two. No one thought that that was going to be a future possibility. De Scientists were also working with superconductors and magnetism now. A conductor is a material that allows electrons to pass through it conducts electricity. A superconductor is a material that does this with no resistance to the flow of electricity so under normal conditions conductors have a bit of resistance to electricity atrocity in the amount of resistance is dependent upon several factors like how what the actual material is. What is the conductive material also its thickness org gauge so a thin copper wire for example has higher resistance than a thick copper cable. They're both made of the same thing but the physical structure structure is different and that changes the resistance of the material. GE's superconducting magnet was the first to break through the one hundred thousand costs limit limit. The Gos- is a unit of measurement for magnetic flux density. I'll give you the technical definition of Gos- as laid out by the Encyclopedia Media Britannica so here we go one gos- quote corresponds to the magnetic flux density that will induce an electro motive force of one AB volt in each linear centimeter of a wire moving laterally at one centimeter per second at right angles to a magnetic flux into quote okay so that's a bit of a mouthful anyway we rate magnets in Gos- that's how we measure their strength so jeeze superconducting magnet was incredibly ably powerful it would also lay the foundation for practical applications of that type of a magnet particularly in the creation of magnetic resonance imaging Technologies Angie would play a very important role in developing that technology or the MRI as we would say <hes> very important part of GS business one of the fun VACs. I discovered while researching these episodes is that the footprints that the Apollo Eleven astronauts left on the moon are there in thanks to GE specifically specifically the boots worn by the astronauts had silicone rubber in them that had been manufactured by GE so that's G. E. footprint up there in a way but that it was just one of the contributions Ge made to the Apollo Program. I don't want to discount or dismiss any of the other ones that the company made they actually provided a lot of technology analogy to the space program. General Electric was involved in designing or manufacturing several systems related to the space race including the ship to satellite communications system that allowed the Apollo crew to send TV images from the capsule two satellites orbiting the Earth which in turn being those images down to terrestrial stations in nineteen seventy-three three another GE researcher Dr Ivar Giver. Would get a Nobel prize he had back in nineteen sixty discovered the truly odd behavior savior of superconducting tunneling so what the heck is tunneling well it all has to do with the weird world of quantum mechanics and quantum physics so oh when I was in school we learned that electrons orbit the nucleus of atoms in a certain energy state and electrons would quote unquote want to occupy by the lowest energy state available once that energy state was full of electrons then the next electrons would fill up the next available state further out from the nucleus and so on and so on until you had all the electrons that that particular.
"ge" Discussed on TechStuff
"The work out of GE's research lab was pretty incredible in the nineteen fifties as you have the nuclear scientists building that I licensed power plant to provide electricity to a grid you add synthetic diamonds and you had Robert H win TORP DWARF WHO created the substance called Borozan in the lab or zone is a man made substance. You don't find it in nature but it's almost as hard as diamond demand and it can be used in temperatures much higher that even diamonds can be used in diamonds will break down once you get over a certain temperature boras on can hold together longer so so it would also become a very useful component in industrial cutting tools for example now around the same time a different group of engineers were building something perhaps a little bit less. Salafi in the grand scheme of things but that would be the humble electric can opener g introduced. The first consumer electric can opener in nineteen fifty eight and pet ownership has never been the same sense in Nineteen fifty-nine g introduced the halogen lamp these work in <hes> way very similar to incandescent lamps. There's a tungsten filament inside a very small bulb and encasing the filament is a quartz envelope envelope inside the envelope is a gas from the halogen group of gases so this is different from what the gas would find in your typical incandescent bulb. The benefit of a halogen gas is that it can combine with Tungsten Vapor so when the tungsten filament heats up and it starts to give off light it's also giving off. Tungsten Vapor you know tongue says essentially burning off of the filament that vapor combined with the halogen gas and then it gets deposited back back onto the tungsten filament at least some of it does so some of that vaporize tungsten gets returned that actually helps extend the useful life of the Halogen Lamp Lamp Halogen Lamps can produce a lot more light per unit of energy compared to an incandescent bulb. They also produce a lot more heat and someone who has sadly a few halogen lamp fixtures in his house. I can speak from experiences. Those things get real hot. Guys like you will burn your fingers. I know I have anyway in nineteen sixty a device built by GE became the first man made object to be recovered after going into orbit around the earth it was code named by the RV to a re entry vehicle those part of the discoverer thirteen satellite right the discover thirteen satellite kind of set the stage for space-based reconnaissance and spy missions now granted that was not the public facing part of the mission. Obviously letting everyone know hey. This is a spy satellite is not the best plan. If you WANNA use it for you know spice stuff so there was a cover story in the cover story was essentially that it was a science experiment but in reality it was a classified mission that was overseen by both the Air Force and the CIA he I a. g. would go on to open up a space center in Valley Forge Pennsylvania in one thousand nine hundred sixty one because they were getting more and more involved in and building components for the space race also in nineteen sixty there was a guy named Jack Welsh who joined Ge as a chemical engineer. He'll he'll be really important later so remember that name. Jack Welsh we'll get back to it nineteen sixty two scientists from GE would develop one of the first solid state lasers using semiconductors interestingly scientists at IBM and over at Mit were independently doing the exact same thing and all the parties pretty much crack the problem right around the same time this set off a bit of a patent rush with G. beating IBM to the punch by a little more than a week. I just find it fascinating that the solid state laser was one of those things that multiple parties invented at around the same time independently a of each other but to be fair the stage had already been set with early work in Mazars and lasers so he's not the first lasers they were the first solid state ones solid state lasers would then find their way into numerous technologies and applications early on scientists theorize that they could be incredibly useful in communications but they would become so commonplace that we'd rely on them to play our tunes for us because the laser and stuff like CD players. DVD PLAYERS BLU ray players. Those are all solid estate lasers so what was truly cutting edge technology in nineteen sixty..
"ge" Discussed on MedTech Talk Podcast
"Position to not only courage, her own daughters to pursue careers technology, but also middle school students through a program called g girls. We'll talk about that also talk shop specifically, how jeez, working to make one of the more comfortable screening procedures mammogram more bearable, because of that more effective. So now let's begin this great conversation with Agnes buyers. Any of the president and CEO of women's health at GE healthcare? We always start off these conversations finding a little bit of our guests, our listeners know who exactly they're talking to how did you find your way intimate tech? It is actually very interesting story, because I grew up in, in Hungary, and really in a family of engineers awesome. My parents have technical background and educator, it was actually quite normal for us to talk about science math engineering gets home. Matter of fact, also, my brother became an engineer as well. So as a result of this, it was quite normal for me to decide to study, engineering, and at age of seventeen I deceived a scholarship from the Hungarian government to study abroad, I went to study in the formal is Germany at in Magdeburg at the, the fun. Gary Cam university. Yes, it was very interesting time. And then in nineteen ninety three I moved to the US to pursue my master's degree in mechanical engineering. She went over to the US in nineteen Ninety-three was made possible by the fall of Berlin Wall, and all that, did you have Upton is available to internal ever just definitely more more opportunities. And I just wanted to, to really take advantage of those and, and also pursue a master's degree in mechanical engineering in the US. So I studied in a very good engineering school. But also at the same time and very old and very small tiny engineering school cadre whole Manitou of technology in, in Indiana survey. Interesting story because at that time, rose home was stealing a man's on the academic engineering college for undergraduate studies, so that have only very few female students in the in the master's program. So then. Time came for me to look for a job. I was just working on finishing my seizes in, in the in the spring of nineteen ninety five. I went to the job, Faeroes home and always does a good job about providing opportunities inviting companies and the very first stable, I walked off to was the table hosted by directors from GE aviation. So I'm sure they surprised to see a female in vineyard, at rose. Holman. But awesome. My odds are pretty good. I guess to get a job. So I joined GE in about twenty four years ago in incense to natty sort of technical leadership program. So that program was really focused on design and, and engineering and leadership, and I also saying that much of my background. I've Leo it to that, that program and to the rigor as we were learning about the fundamentals of jet engine design up bring began trusting as a tireless. She said she was invited into the world of science and math, clearly never left today, she lives in the US in Wisconsin. She's raising two daughters. Both of whom are interested in stem. But there's a interesting comparison or contrast between the encouragement she received as a young woman, and the current that many young women in the US received today. So I asked about that sort of difference. Interesting question, I've been actually thinking about this a lot because the G eager. And I'm co champion co-sponsor for this for GE it, it is really focused on. How can we ignite the interest of in girls and gives them the confidence that they can also study stem when they when they go to college? And we learn that you have to really reach them at, at early age. Right. So that they would still interested. They would not give up. And, and I think that are some opportunities here in the US growing up in Hungary. I actually never thought to be honest that I didn't have the fame options or same opportunities. And I don't know if it was because of my parents or because of the opportunities. I did notice in college that ever not that many girls in class. The couple and especially swim was I opening for me. But, but I think the signs education that early talent follow man was so big in Hungary. I mean often we would go to advanced courses, we would actually travel from high school to the.
"ge" Discussed on HBR IdeaCast
"They just go from one pray to the next Paret and that does not make the world a better place the worst place. If you're a CEO living in the world, we live in with the rules and laws we have, how can you fight off an activist or out outwit one? It's like a gazelle with a pack of Venus, right? It is. It is very, very difficult. So that's why it is. It really takes a fantastic CEO with a fantastic. Effort overcome the kind of entirely negative impact of having an activist. Hedge fund, get some measure of control over you. It's sad sad. And again, it's not as though right, like, you know, hyenas are are very smart. You know if there's a bunch of, you know, kind of gazelles there and there's one that's limping. They don't go after the fastest gazelle. Right? They go off to the lipping one and just eat it. So let's dig into that a little bit more. You know. I like the gazelle analogy. Why was this Zell limping in the first place? Yeah. Well, I mean, I think a bunch of these things are kind of known facts that in retrospect, I would argue that g got far over diversified. And so so I, I do think that Jeff, I'm out inherited a broad messy portfolio. That was turbo charged with an unsustainable g. capital. And so he had a real challenge and I've, I haven't worked worked for GM not inside GE's. Some of it is just observations as anybody else would from the outside. But my my bet is in being an all of these businesses. There there wasn't enough of a focus on how are we winning customers, consumers customers. However, we making sure our valuation is superior to competitors rather hill. There was dealmaking we can fix whatever problems that we have by by emanate by both being ourselves up because g gotta be number one or two in your business. That's not a terrible rule. But if you have to pay an extraordinary, some to get to one of those and perhaps you know, being being too in a business where you've got a really, really, really, really good number one, you know, kind of ain't no fun and you've got, you've got understand what the competitive dynamics are that justifies emanate a to to bulk up. So so that's I think he inherited something that was a bit of a mess. And dramatically over valued. And he had a live with that even before and it was in the in the inherited in the middle of not great period. And then you know whatever it was six or seven years later, the global financial crisis hit which demolished GE capital and showed the weaknesses of GE capital and the big downsides of it. So I'm curious to hear more about that. The problem with 'em in a masquerading strategy as you put it in your h. article because we are seeing ton of murders all over the business newspapers these days, and I'm curious why that's happening and is GE only company that is making this mistake of thinking that a merger is kind of a strategy? Oh, hell. No. You're seeing a lot of it because it is the dominant form of strategy out there now, I think and part of it is just a talent thing, right? So most CEO's sadly, don't know much about strategy..
"ge" Discussed on KIIS 102.7
"Ge tokyo again and then i had to say too much from what i heard she got a baby by bus go broke macy's yeah damn jeez you somebody maybe mama concrete is bigger than tv any given sunday proponents rafael tyco with your money mike sure go halloween leave eighteenth birthday you go broke as you go broke you wanna do doc why watson beans added edition baby laws i know was asked four white girl.
"ge" Discussed on MarketFoolery
"A lesser degree as well but his the fis so what you're talking about what the financing is the financing so even though there are these specific divisions is the financing so convoluted that it it spreads across all of them and i guess where i'm going with this is to some extent it is the finance is the way that they've been financing all these divisions likely to get them into some sort of legal trouble if that comes to light not necessarily they're doing something wrong at the moment as much as ge capital for instance has got about one hundred billion dollars in debt and that that's how the capital division it's financed well the reason that it can get that debt at a at a reasonable price from the market is that other operations of g e the industrial divisions specifically uh and the healthcare division have good enough cash flows and so that you've got when you look at the whole thing in its entirety you've got a higher lead higher rated bonds bonds are issued by ge capital are backed by all g and nothing and and the whole thing is better than than the some of the one part of ge capital well if he split all this up of these bonds are gonna get re rated uh and is that bought the bonds under the belief that they had the backing of these healthy cashflow businesses behind them uh are now going to be owning something with a lot more risk to it and therefore the price of the bond is going to go down and uh they're and what their money back in one form or another uh usually uh the one of the forms that they might try to get their money back is suing you know that that that of violates the covenants that they had or believe they had when they were buying the bonds so as there's just so much how do you would given there's 30 billion more than 30 billion underfunded pension obligations uh who who gets ac who who would like that part of the business gina say in the divorce who keeps that piece of furniture yeah uh and so who wants to buy who wants to buy any of these businesses is.
"ge" Discussed on MarketFoolery
"Buffet having the resources to strike a deal that no one else really could have gotten i mean he he investigating something like three billion dollars in preferred shares to help them shore up finances from shortcomings of g g capital uh he had a i think warrants for another three billion or something like that that he ended up exercising and making a little money off of the he did very well because he was able to offer something that they really needed at a specific time and and so you know hey mean that that just just goes to show you sort of of of really why warren buffett is who he is in sort of the benefits of of uh all of the success he's add in his career up to this point in on but dumb all in all i mean let's splits turned the page in and openly the g e that we know today is is a more streamlined more focused company i suspect that it is and i suspect that the next ten years and beyond will probably work out a little bit better for investors um yeah i mean you remove the too big to fail monitored now the ge capital's gone they sold that off uh did multiple different firms a different pieces of ge capital um and for me personally it's my favorite company i think to play the energy sector um did it so while diversified you're looking at the baker hughes acquis or merger that does nearing completion it was approved in a european union still waiting on the.