GE is getting out of the coal power business

General Electric is one of the world's largest makers of coal-fired power plants. But now it plans to say goodbye to coal.

General Electric is one of the world's largest makers of coal-fired power plants. But now it plans to say goodbye to coal.

Struggling GE announced Monday it plans to exit the new build coal power market -- meaning it won't build new coal-fired power plants -- making it the latest major company to dump coal. GE said the exit may include asset sales, site closures and layoffs.

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