Formed in 1892, General Electric is the successful by-product of a merger between Edison General Electric and Thomson-Houston Electric Company. In 1896, the corporation became one of the original 12 companies listed on the Dow Jones industrial average. General Electric is regarded as one of the most diversified corporations, including eight subsidiaries with products spanning from financial services to electrical and electronic equipment. Despite the pandemic crushing global air travel and the market for jet engines, the company announced a $30 billion deal merging its aircraft-leasing unit with AerCap (AER).

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