David Magee

1081-1110 (out of 1260) David Magee is the author of 12 books, including Jeff Immelt and the New GE Way, How Toyota Became #1, and The John Deere Way. A former columnist for the Chattanooga Times Free Press and a daily newspaper news editor, he has been a frequent guest on Fox Business and CNBC.

GE's Immelt Overcoming Welch's Legacy

GE chairman and CEO Jeff Immelt had big shoes to fill in following Jack Welch as the company's leader. He's faced stiff challenges, but he's reshaping the company and starting to win.

GE's Stock Trading Up on Positive Earnings Report

GE's stock opened in positive territory Friday after the company beat Wall Street's expectations in second quarter earnings. GE was upbeat about the future, including the latter half of 2011 and into 2012.

Apple's Cash Hoard: Keeping the Powder Dry, says CEO Jobs

Apple is hoarding record amounts of cash, currently holding $76 billion. But the company has not historically made big acquisitions. CEO Steve Jobs says Apple is merely keeping its "powder dry" for strategic opportunities in the future.

Investors Applaud Apple's Momentum

Apple reported its best-ever results in its fiscal third quarter Tuesday. On Wednesday investors applauded by driving Apple's stock to near it's all-time high.

Overheating iPhone 5 Causes Delay, Report Says

Apple's iPhone 5 prototype overheats, according to a report, causing the company to delay the product. Apple is expected to release instead this fall the iPhone 4S, a less radically-changed smartphone.

U.S. Debt Ceiling Dilemma: Moody's Says Do Away With It

Moody's says the U.S. should eliminate its legislative debt ceiling limit altogether. Moody's says the limit does no good, since lawmakers can still approve expenditures anyway. Moody's says the debt ceiling limit only serves to create angst among bondholders as the limit is approached but not raised on a timely basis.

Sears $69 iPad 2: It Was Only a Typo

Sears was selling an iPad 2 for $69 at its online store over the weekend through a third party vendor. But the offering was a mistake, caused by a typo the company says. All sales were cancelled by Sears.

Borders Closer to Liquidation; Deadline Passes Without Bidder

America's second-largest bookstore chain moved closer to liquidation as the company has not found a bidder that wants to keep its stores open. There's still hope, as some talks continue, but there's little time left remaining before Borders enters liquidation.

Americans Downbeat About Economy, U.S. Debt

Consumer sentiment dropped to its lowest reading since the Great recession, amid high unemployment and the federal government's inability to deal with its debt problem as a deadline to raise the debt ceiling looms.

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