meta_pixel
Tapesearch Logo
Log in
Behind the Money

GE Vernova tries to shake its parent’s problems

Behind the Money

Topher Forhecz

Markets, Investing, News, Banking, Finance, Business, Business News, Crypto

4.4350 Ratings

🗓️ 14 May 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Massive conglomerates used to define corporate best practice. Think about a company like General Electric, known as “the everything company”. But today, there’s a new popular model: de-conglomeration. The FT’s former US energy reporter Amanda Chu examines whether this is working for a power business that GE spun off last year – or if it’s just another Wall Street fad. 


Clips from BBC, Bloomberg, DW 


- - - - - - - - - - - - - - - - - - - - - - - - - - 

For further reading:

Rustbelt gamble: GE Vernova rides AI power boom into uncertain future

Is the US power grid ready to meet the demands of data centres?

Have America’s industrial giants forgotten what they are for?

- - - - - - - - - - - - - - - - - - - - - - - - - - 


Follow Amanda Chu on X (@amandalanchu). Michela Tindera is on X (@mtindera07) and Bluesky (@mtindera.ft.com), or follow her on LinkedIn for updates about the show and more. 


Read a transcript of this episode on FT.com


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Balance your trading strategy by adding futures.

0:03.2

CME Group helps you manage risk and capture opportunities in all market environments.

0:08.3

Capitalize on around the clock access to highly liquid global futures and options markets across all major asset classes.

0:15.8

Visit your online broker and get started.

0:18.0

See what adding futures can do for you at CMEgroup.com slash podcast.

0:23.2

Derivatives are not suitable for all investors and involve the risk of losing more than the amount

0:26.6

originally deposited and any profits you might have made. This is not a recommendation to offer

0:30.3

to buy, sell, or retain any specific investment or service. Big conglomerates used to define

0:36.6

corporate best practice.

0:38.6

They were like business royalty that drove American industry.

0:43.0

How can I help you guys out?

0:44.7

We're journalists. We're here to do a story about GE.

0:47.3

Okay. Do you have a badge to get on side?

0:49.0

And arguably, no one was more powerful than General Electric.

0:53.6

They were known as the Everything Company.

0:56.2

What you need to do is spin right around this guard check and that one, you're making a U-turn.

1:00.1

My colleague Amanda Chu recently drove up to GE's old headquarters in Schenectady, New York.

1:07.0

So there's a massive GE sign when you drive in.

1:10.0

You can't really miss the plant.

1:12.0

I think the whole place has its own zip code.

1:14.9

One, two, three, four, five.

1:18.2

Schenectady is the place where Thomas Edison,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Topher Forhecz, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Topher Forhecz and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.