The U.S. stock market opened sharply higher Friday on hopes of a Eurozone bailout.
General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.
General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.
The conglomerate will divide itself into a medical products firm (which will retain the “Abbott” name) and an as-yet-unnamed pharmaceutical research & development entity.
General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.
U.S. stock futures point to a higher opening Friday on hopes that European leaders will come out with a grand plan to fight the region's debt crisis.
The companies which are expected to see active trade on Friday are: General Electric, Verizon Communications, Suntrust Banks, Microsoft, McDonalds, Altera, Air Products & Chemicals, Dover Corp, Honeywell International and Schlumberger.
No need to repeat all of the bad news about the U.S. economy. Further, as the stock market's bulls point out, that's history. Looking forward, the picture brightens, and accordingly here's why the bulls think the Dow Jones Industrial Average (DJIA) is headed higher in the next six months.
Stock index futures pointed to a weaker open for equities on Wall Street on Wednesday after strong gains in the previous session, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.3 to 0.9 percent.
If there's nothing to fear but fear itself, as President Franklin Roosevelt contended during the Great Depression, then the world economy in 2011 has reached an interesting juncture between sentiment and reality.
According to an AFL-CIO report, Immelt made about $15.2 million last year.
The U.S. economy needs its mojo back -- not just consumer confidence but a greater willingness to compete for business -- in the eyes of General Electric Co Chief Executive Jeff Immelt.
Confidence will be key to sparking higher growth in the U.S. economy and easing tensions about the financial system that have sparked a global wave of protest, said General Electric Co Chief Executive Jeff Immelt.
Newsweek ranks greenest U.S. and global companies.
Billionaire investor Nelson Peltz's Trian Group called for change at custody bank State Street Corp and suggested the company should consider spinning off its investment management business in order to unlock value.
Forget about where you've been. Tell us where you're going.
A group of executives advising President Barack Obama said Tuesday two very good ways to create more jobs in the U.S. are: attract $1 trillion in foreign direct investment within five years and upgrade the nation's transportation/energy infrastructure.
President Barack Obama could create millions of jobs by attracting more foreign capital to the United States, helping entrepreneurs and being more aggressive in energy, business leaders said on Monday
U.S. solar startup Abound Solar said its chief executive will step down from that post for family reasons and become chairman.
Lack of board oversight during the News of the World phone-hacking scandal and excessive compensation are cited as reasons by advisory firms to reinvent board of directors.
When Paul Friedman met the rag-tag youth camped out near Wall Street to protest inequality in the American economy, he felt he was witnessing the start of a protest movement not seen in America since the 1960s.
Corporate America's chiefs do not expect the nation to slip back into recession, but say political gridlock in the United States and Europe could make for a long, slow recovery.
