G.E. Spins Off Railroad Business

Source: https://www.nytimes.com/2018/05/21/business/ge-railroad-locomotives-wabtec.html?partner=rss&emc=rss
May 21, 2018 at 11:15PM

G.E.’s unit that manufactures locomotives will be combined with the Wabtec Corporation, in the first move under John Flannery to shed an entire business.