General Electric to pay $50M in SEC settlement

GE to hire 5,000 veterans over next 5 years
General Electric Co. plans to hire 5,000 veterans over the next five years and invest $580 million to expand its aviation business.

GE 2Q profit up 21 percent, financial arm improves
General Electric Co. says earnings grew 21 percent in the second quarter as its lending arm continued to recover from the recession.

CEO of GE saw compensation jump to $15.2 million
General Electric Co. Chairman and CEO Jeffrey R. Immelt's 2010 compensation more than doubled to $15.2 million as the company benefited from a recovering economy.

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