After NY inquiry, CareCredit to offer safeguards
GE Capital Retail Bank's CareCredit LLC subsidiary will add consumer protections to its health care credit card — which can carry interest rates of ...
US proposes labeling some nonbanks threats
Federal regulators have proposed that a group of firms that aren't banks be deemed potential threats to the financial system that need stricter ...
Trailblazing Israeli electric car company to close
It was an audacious idea that came to symbolize Israel's self-described status as "Start-Up Nation," a company that believed it could replace most ...
Hess to split roles of CEO and chairman
Hess Corp. will split the positions of CEO and chairman as it fights off a campaign by a major shareholder for a change in leadership at the New York ...
Wal-Mart Stores takes back top spot in Fortune 500
Wal-Mart Stores Inc. once again leads Fortune's list of the 500 biggest U.S. companies by revenue, as the world's largest retailer succeeded in ...
Comcast profit rises 17 percent in 1Q
Comcast Corp., the nation's largest cable company and owner of NBCUniversal, on Wednesday said its net income rose 17 percent in the latest quarter, ...
GE Capital cuts lending ties with gun stores
General Electric's finance arm is cutting ties with gun dealers, halting financing offers at about 75 gun shops across the U.S. in the wake of the ...
GE 1Q earnings rise on NBC sale; Europe drags
General Electric's first quarter results were dragged down by deteriorating economic conditions in Europe, highlighting the danger that the region's ...
Goodbye fluorescent bulb? Philips says yes.
If you've worked in an office, you're probably familiar with the soft glow of fluorescent tubes drifting from the ceiling. If Europe's Philips brand ...
Stocks edge higher as earnings reports begin
Investors are having a hard time making up their minds. The stock market extended its longest period of indecision in nearly 15 years Monday.
GE to buy Lufkin Industries for $3.1B
General Electric Co. has agreed to buy the oilfield equipment maker Lufkin Industries Inc. for $3.1 billion, furthering an effort by GE to grow its ...
Deal to sell Dell may be about to face competition
Is Michael Dell's attempt to gain more control over his company about to turn into a financial tug-of-war? The answer could come Friday. That's the ...
Dell buyout intrigue heightens as deadline looms
Michael Dell is about to find out if other bidders think his company is worth more than he does. The answer could come Friday, which marks the end of ...
NFL's Goodell hopes for lighter helmets, sensors
NFL Commissioner Roger Goodell imagines a day in the not-too-distant future when players could be checked to determine whether their genetic makeup ...
Wall Street: Comcast got a steal on NBCUniversal
Is General Electric letting Comcast gobble up the NBCUniversal media empire at a bargain price? Wall Street thinks so. "The Comcast folks feel like ...
Comcast doubles down on TV in $16.7B deal for NBCU
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 ...
General Electric gets out of the TV business
General Electric is saying goodbye to 30 Rock — the building and the TV business born there. It's another step in GE's efforts to focus on less ...
Obama decides not to extend term of jobs council
President Barack Obama is letting his jobs council expire, cutting off one source of input from business leaders while unemployment remains stubbornly ...
Philips loss widens in Q4; sheds division
Royal Philips Electronics NV Tuesday said it will sell the entertainment division which contains many of the consumer products for which it is best ...
GE earnings rise on emerging market growth
General Electric Co. has been re-energized. Performance at all of the conglomerate's industrial segments is improving thanks to cost cutting, a shift ...
A look at corporate deals the EU has ruled on
United Parcel Service Inc. has walked away from a proposed $6.9 billion takeover of the Netherlands TNT Express NV, claiming European Commission ...
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