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- Michelle Obama to Latinos: ‘We cannot afford to wait on Congress’ for immigration
- White House urges GOP to act ‘urgently’ on $3.7 billion request for illegal immigrants
- Politicians, criminals using ‘right-to-be-forgotten’ law EU courts forced upon Google
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- German foreign minister to meet Kerry to discuss spying claims
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By Rabbi Shmuley Boteach
Topic - General Electric Co.
French President Francois Hollande says that an offer by General Electric Co. for troubled French engineering company Alstom is not good enough and wants the U.S. company to come up with a better deal.
France's Socialist leader summoned three CEOs to the presidential palace on Monday to orchestrate the sale of Alstom, an engineering firm and treasure of French industry, in the government's latest effort to bring globalization to heel.
General Electric Co. expects dredging of the upper Hudson River to be complete in 2015.
Xcel Energy Inc. and other plaintiffs have sued General Electric Co., claiming it hid a known defect in a turbine that broke down at one of its plants and led to millions of dollars in losses.
Brain injury research at the University of Montana has proven so promising that two professors won a $300,000 grant from the National Football League and General Electric Co. to study ways that might help speed the diagnosis and treatment of traumatic brain injuries in athletes and members of the military.
General Electric Co. posted increased revenue and profit for the fourth quarter on rising sales in emerging markets, higher banking profit, and stronger global sales of aircraft engines and oil and gas drilling equipment.
Boeing is alerting airlines about possible engine icing problems on some of its new planes and is recommending that planes with a specific General Electric engine avoid flying near thunderstorms that might contain ice crystals.
Is General Electric letting Comcast gobble up the NBCUniversal media empire at a bargain price? Wall Street thinks so.
Analysts believe General Electric Co. gave Comcast Corp. a great deal on the half of NBCUniversal that the cable company doesn't already own.
Comcast Corp. announced Tuesday that it plans to buy the rest of NBCUniversal from General Electric Co. years ahead of schedule. Comcast now owns 51 percent, and GE the remaining 49 percent. Comcast expects to get full ownership by the end of March.
Comcast Corp.'s deal to buy the rest of NBCUniversal would end General Electric Co.'s long ties with the broadcast network. Comcast now owns 51 percent, and GE the remaining 49 percent. Comcast expects to get full ownership by the end of March.
Comcast's $16.7 billion deal to buy the remaining half of NBCUniversal ahead of schedule represents a resounding vote of confidence in the future of TV, even as the growth of Internet video reshapes the entertainment landscape.
Comcast is holding a conference call Wednesday morning to discuss its fourth-quarter earnings and elaborate on a $16.7 billion deal that will give the cable-TV giant full ownership of NBCUniversal. The call with analysts is scheduled to begin at 8:30 a.m. ET.
Comcast says it's buying General Electric's 49 percent stake in the NBCUniversal joint venture for $16.7 billion. It comes several years early, as Comcast takes advantage of low borrowing costs and what CEO Brian Roberts calls a "very attractive price."
Comcast is buying the rest of NBCUniversal from General Electric several years ahead of schedule to take advantage of low interest rates and what its CEO calls a "very attractive price" of $16.7 billion.