General Electric, a company known simply as GE to generations of Americans, announced Tuesday it will split into three companies.GE will become three companies dealing with aviation, healthcare and energy over the next few years.The company, based in Boston, has been changing in recent years.In the 1990s, it had become a huge international company made up of many businesses that sold many different kinds of products.GE not only sold light bulbs and home electrical devices, but it also provided loans for airplanes and property.However, its loan business was heavily damaged by the financial crisis of 2008 and the coronavirus pandemic of 2020.GE no longer makes light bulbs or home devices and stopped the loan business in March of this year.GE said it will separate its healthcare business in early 2023 and its energy business, including renewable energy, power and digital operations in early 2024.
