#Breaking144 – For the first time in its nearly 130-year history, General Electric will stop making light bulbs, a product that has been synonymous with the brand since it was co-founded by Thomas Edison, the inventor of the modern lightbulb, in the late 19th century – US News reports – @AceBreakingNews

#Breaking144 – GE is selling its lighting businesses to Savant Systems, a home automation company based in Massachusetts, the company announced Wednesday: The sell-off is not a surprise: GE has been trying to offload its lighting division for years, and the sale marks the latest in a series of moves by GE to transform into an industrial-focused company as it struggles to repay its sizeable debt: The company is now mainly focused on aviation, health care, power and renewable energy:

Published: May.28: 2020: https://ift.tt/2ZXa6Zl

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