GENERAL ELECTRIC

U.S. Stock Market

Five Investment Tips for the Ages

To be sure, it's not a U.S. stock market for rookies, or the squeamish -- it's a market that also can bring out the reactive in even the most experienced investor. Hence with the above in mind, here are 5 time-tested axioms that every investor should keep close by.

DJIA Soars, Banks Have Big Trading Day

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U.S. stocks soared on Tuesday. The Dow Jones Industrial Average (DJIA) ended up 337 points, or 2.9 percent, to close at 12,103. The S&P 500 Index rose 36 points, or 3 percent, to 1,241, while the NASDAQ rose 80 points, or 3.2 percent, to 2,604.
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Shopping carts are seen outside a new Walmart Express store in Chicago

Wal-Mart in India Deal is Off: PM Manmohan Singh Backs Off Foreign Retailers Plan

India has retracted its plan to allow foreign retail chains like Wal-Mart and Britain's Tesco to open in the country, according to multiple reports. The reversal comes less than two weeks after the global business sector and the Indian government heaped praise on the original deal to let foreign retailers into India to jolt the country's economy and lower prices for farmers and consumers.
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Getco to Buy BofA's NYSE Market-Making Business

Getco LLC, an electronic market maker and high-frequency trading specialist, on Wednesday said it agreed to buy Bank of America Corp's floor-trading operations at the New York Stock Exchange, significantly expanding its market-making operations.
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U.S. Firms Added Jobs Offshore, Cut Jobs At Home

U.S-based multinational corporations added almost 3 million jobs to their payrolls in foreign countries between 1999 and 2009, while slashing 864,600 jobs at home, as they become increasingly dependent on foreign sales. Is tax holiday a viable solution?
ANZ Survey: August Dipping Job Ads Signal Soaring Unemployment in Months Ahead

Modest Job Gains Expected in Early 2012

The past Black Friday weekend saw record breaking sales figures as consumers are feeling more comfortable to purchase again. Job market outlook for early 2012 could provide another gentle boost to consumer spending, which accounts for as much as 70 percent of all U.S. growth.
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Business Leaders Urge U.S., EU Consider Trade Pact

After President Barack Obama's commitment this month to a transpacific free trade agreement, business leaders in Europe and United States are asking for a similar initiative across the North Atlantic to spur economic growth and create jobs.
Boeing Obama

Obama Praises Boeing-Indonesia Jet Deal

President Barack Obama welcomed on Friday a $21.7 billion jet deal his administration helped broker between Boeing and an Indonesian airline, calling it a win-win for U.S. workers and Asian consumers
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GE planning new software center in California

General Electric Co plans to hire about 400 people to work in a new software development center it intends to open in San Ramon, California, next year, the largest U.S. conglomerate said on Thursday.
Silvio Berlusconi

Arrivederci, Signor Berlusconi

Prime Minister Silvio Berlusconi is expected to resign, perhaps as early as Saturday evening, thereby ending a wild and tumultuous political career.
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Obama Seeks to Hitch U.S. Economy to Asian Growth

With Europe mired in crisis, President Barack Obama is launching a charm offensive this week to hitch the U.S. economy to opportunities in Asia he hopes can help power the recovery he needs for re-election.

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