GE Halts Financing to Gun Shops Following Sandy Hook
General Electric discovered it was financing a small number of firearm purchases in the wake of the Newtown, Conn., school shootings and has moved to stop future loans.
General Electric discovered it was financing a small number of firearm purchases in the wake of the Newtown, Conn., school shootings and has moved to stop future loans.
Amazon has reportedly won a $600 million dollar, 10-year contract to supply cloud computing services to the CIA. The online retailer will help the spy agency build a private cloud infrastructure to keep up with emerging technologies.
General Electric unit GE Capital announced Tuesday that it had acquired the retail finance portfolios from Citigroup's Retail Partner Cards. Financial terms of the deal were not disclosed, but GE Capital expects it will immediately add to earnings.
Hewlett-Packard will probably have a new CEO in under a week. The candidate will likely come from inside the company, which would almost certainly allow the board of directors to speed through the process.







