general electric

Comcast and GE in $16.7 Billion Deal for NBCUniversal

Stocks are edging higher in the early going after strong U.S. earnings and General Electric's sale of its remaining NBCUniversal stake. 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

Why Is Warren Buffett Buying Back Berkshire Hathaway Stock?

Earlier this month, famed billionaire and Berkshire Hathaway chairman Warren Buffett dropped a bombshell. Breaking with past practice, and changing the financial rules he himself laid down, Berkshire is buying back its own stock -- and he plans to keep buying it back. What lessons does that hold for investors?

The Best Dividend Offense Is a Good Defense Stock

In 2011, the S&P 500 Index went nowhere. In fact, it lost a little. But you don't have to suffer just because stock prices stay flat -- if you buy companies that pay strong dividends, like these 4 options in the defense sector.

GE Profit Up 21% in Second Quarter

General Electric Co. (GE) said Friday that earnings grew 21 percent in the second quarter as its GE Capital lending arm continued to recover from the...

Where Charlie's Meltdown Is Fuel for Business

While painful (for most folks) to watch, the actor's explosion has created a bonanza for the tabloid mill. But on a broader level, Sheen has also offers a potential shot in the arm for companies across the spectrum, from media to pharmaceuticals.

America's 10 Most Durable Brands -- and Their Logos

They're the brands you can't help but know, with logos that nearly everyone recognizes. These companies were founded back in the 1800s and became major players in the next century -- and the one after that. And while their logos have changed over time, they're essentially just refinements of the originals.

The Dow Snaps Its
Two-Day Losing Streak

Stocks closed mixed Friday as better-than-expected earnings from General Electric helped the Dow and S&P 500 snap two-day losing streaks, but the Nasdaq closed lower after disappointing results from Advanced Micro Devices.

How GE Is Arming China to Compete With Boeing -- and America

GE plans to sell its aircraft electronics to Chinese companies, and if you don't have a problem with that, maybe you should. After all, China just test flew a prototype stealth fighter, it continues to build up its military -- and we can only hope it's not planning to expand its territory in ways that threaten the U.S.

Oprah Winfrey Network Draws More Than 1 Million Viewers

Oprah Winfrey%u2019s cable TV network drew more than 1 million viewers on its debut over the weekend. The new channel, Oprah Winfrey Network (OWN), launched at noon on New Year%u2019s Day, The Wall Street Journal said. It replaced Discovery Health in about 80 million homes.

CEOs 'Encouraged' by Business Talks with Obama

The CEOs of 18 big companies, including Google, Boeing and General Electric, met with President Barack Obama to discuss the U.S. economy and the country's international competitiveness Wednesday.

Ex-Showtime Exec Tapped to Run NBC Entertainment

Comcast has tapped former Showtime President Bob Greenblatt to run NBC Entertainment as the cable giant continues to reorganize the leadership at the network in advance of its proposed acquisition of NBC Universal from General Electric, Reuters reported.

General Electric to Invest $2 Billion in China

General Electric, the global conglomerate whose businesses include consumer and business financing, power generation, household appliances, aircraft engines, medical imaging and media content, said it plans to invest more than $2 billion in China through 2012 in research and development, technology and financial services partnerships.

What's Wrong at Rolls-Royce, and Who Will Benefit?

It's looking more and more like the explosion of a Roll-Royce engine on a Qantas-owned Airbus A380 last week wasn't an anomaly, but a sign of an as-yet unidentified design flaw. So how deep are the problems at Rolls-Royce, and which of its competitors are most likely to benefit from its troubles?

Solar Roads: Could the Sun Charge Your Car as You Drive?

What if your electric car could be recharged by the road as you're driving? From a remote workshop in northern Idaho, Scott Brusaw, an electrical engineer and retired Marine Corps Sergeant, is building a system to do just that. And on Thursday, GE announced that Solar Roadways was the top community vote-getter in the company's $200 million Ecomagination challenge.

GE Buys Dresser for $3 Billion

General Electric said Wednesday it would buy Dresser Inc., an energy infrastructure provider, for $3 billion, the latest in a series of deals and contracts from the U.S. conglomerate.

GE Capital Buys Citigroup's Retail Loans

General Electric unit GE Capital announced Tuesday that it had acquired the retail finance portfolios from Citigroup's Retail Partner Cards to add $1.6 billion in managed assets. Financial terms of the deal were not disclosed, but GE Capital expects it will immediately add to earnings.