GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit

... a professor at the Thunderbird School of Global Management who has written extensively about GE. GE, based in Fairfield, Connecticut, Monday announced the sale of its appliance division to the Swedish appliance maker Electrolux for $3.3 billion. ...



via Fairfield Newswire http://www.winnipegfreepress.com/world/ge-inventor-of-the-toaster-turns-away-from-simple-machines-consumers-in-push-for-profit-274350131.html?cx_navSource=d-more-news