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Warren Buffett To Invest $3B In GE, Similar Perks To His Goldman Deal

MarketWatch | Posted 05.25.2011 | Business

GE today announced plans to offer at least $12 billion of common stock to the public. The underwriters will have a 30-day option to purchase shares re...

Stocks rise on bailout hopes; credit remains tight

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Financial markets grew more upbeat Thursday as political leaders said they struck an agreement in principle on a massive spending pla...

GE cuts forecast, citing wounded financing unit

AP | STEPHEN SINGER | Posted 05.25.2011 | Business

HARTFORD, Conn. — General Electric Co., the industrial powerhouse that makes everything from jet engines to light bulbs, cut its earnings foreca...

Brand Strength Now Reliant On Green Action

GreenBiz | Posted 05.25.2011 | Green

LONDON, UK -- Successful sustainability initiatives have become a key component of global firms' brand strength, according to the consultancy behind t...

Short-Selling Ban List Expands To Include GM, GE, Others

MarketWatch, Detroit News | Dave Burdick | Posted 05.25.2011 | Business

The SEC has added more companies to the list of 799 companies that cannot be short-sold temporarily. Included are the following firms, according to Ma...

You Get What You Pay For: The Decline of US Energy Innovation

Frances Beinecke | Posted 05.25.2011 | Green
Frances Beinecke

This country has let its guard down. We have been resting on our laurels of past excellence in engineering advances in the energy sector.

Vivendi: Olympics Gave NBC "A New Pulse," GE Will Not Sell

Financial Times | Ben Hall | Posted 05.25.2011 | Media

General Electric has no intention of selling its majority stake in NBC Universal, according to Vivendi, the French entertainment group, which is a fel...

Olympic Sponsors: For the Chinese, Winners and Losers

Tom Doctoroff | Posted 05.25.2011 | Business
Tom Doctoroff

As the XXIX Olympiad in Beijing has come to a close, all eyes are on return on investment. Were the millions of dollars forked out by both international and local brands worth it?

Olympic Ad Wars

Josh Dorner | Posted 05.25.2011 | Politics
Josh Dorner

A hard negative ad seems ill-suited to the unifying spirit of the Olympics. Obama's ad is likely to comport well with Americans swollen with pride, while McCain's stands out with its harsh tone.

GE Alleges Attorney Took Documents, Fed Them to Reporter

Corporate Crime Reporter | Posted 05.25.2011 | Business

General Electric has charged a former in-house attorney, Adriana Koeck, with illegally taking privileged and confidential company documents and feedin...

Jeff Zucker: NBC Will Not Be Spun Off

AP | JEREMY HERRON | Posted 05.25.2011 | Media

SUN VALLEY, Idaho — General Electric has no plans to sell its NBC Universal media unit even as the conglomerate moves forward with spinning off ...

GE Profit Falls 6 Percent: Time To Sell More Businesses

AP | STEPHEN SINGER | Posted 05.25.2011 | Business

HARTFORD, Conn. — General Electric Co. reverted to form with no big surprises in its latest earnings report, and investors shocked by an unexpec...

GE Needs To Sell More Businesses, Says Analyst

New York Times | Posted 05.25.2011 | Business

General Electric has already sold off a baker's dozen of units, including the plastics unit where two of its former chief executives once worked. And ...

GE To Slash Water Use 20 Percent

AP | JOE McDONALD | Posted 05.25.2011 | Business

BEIJING — General Electric Co. will cut its global water use by 20 percent over five years, CEO Jeff Immelt said Wednesday. Immelt also spoke o...

O'Reilly Irrational Jihad #472: General Electric

Jonathan Kim | Posted 05.25.2011 | Media
Jonathan Kim

O'Reilly's new fatwa has more to do with his running feud with MSNBC's Keith Olbermann, who has been relentless in his efforts to expose O'Reilly as the lying, ignorant, ridiculous blowhard he is.

GE confirms plans to exit appliance business

AP | JOHN CHRISTOFFERSEN | Posted 05.25.2011 | Business

NEW HAVEN, Conn. _ General Electric Co. plans to sell or spin off the business that for a century has put appliances in American homes, a decision tha...

GE Set To Sell Appliance Business

AP | Posted 05.25.2011 | Business

FAIRFIELD, Conn. — General Electric Co. plans to auction off its Louisville, Ky.-based appliances business, The Wall Street Journal reported Wed...

Welch Backpedals On Immelt "Ass-Kicking" Insult

Silicon Alley Insider | Henry Blodget | Posted 05.25.2011 | Business

Yesterday morning, ex-CEO of GE (GE) Jack Welch blasted his handpicked successor Jeff Immelt on CNBC, laying responsibility for GE's first quarter bom...

Jack Welch: His Final Transformation Isn't Pretty

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

Was Jack helping GE by doing this? Is there any objective, rational reason that such statement be made as the company is trying to fight its way out of a problem that we are ALL suffering from at this point? In a word, NO.

Violence! Shame! And A Little Career Advice...

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

It's an Ask Bing day today. I admit it's been a little while since I stepped up to the bar and answered some of the many questions that pour into my d...

Welch On GE's Immelt: "He's Getting His Ass Kicked"

Silicon Alley Insider | Posted 05.25.2011 | Business

What does former GE (GE) boss and straight-from-the-gut management superstar Jack Welch think caused GE's first quarter bomb? Is GE's model broken? (C...

Stock Market Recovery? Not So Much

Silicon Alley Insider | Henry Blodget | Posted 05.25.2011 | Business

Friday's GE bomb notwithstanding, the US stock market has bounced off its lows, and bulls are triumphantly proclaiming that we're off to the races aga...

Good News? What A Surprise!

Stanley Bing | Posted 05.25.2011 | Business
Stanley Bing

Wasn't everybody pretty surprised by this stagflationary recesso-depression? The banks! The lenders! The real estate brokers! Everybody, I guess, but the financial media that's paid to scare people.

Feeble GE Profits Shake Markets

Bloomberg | Raychel Lane | Posted 05.25.2011 | Business

General Electric Co. reported its first decline in quarterly profit since 2003, missing analyst estimates with a 12 percent drop in earnings as a free...

GE's Shocking Tumble: Analysts React

Wall Street Journal | | Posted 05.25.2011 | Business

Wall Street analysts, at least in their research, tend to display a measured tone, but General Electric Co.'s surprising earnings miss has brought out...