GENERAL ELECTRIC

LG to pour about $7 billion in Green New Business

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LG, South Korea's second largest business conglomerate, said on Sunday it will invest 8 trillion won ($6.83 billion) in Green New Business sectors such as electric vehicle parts, LED lighting and sewage treatment industries by 2015.

HP, Apotheker Downfall: Indecisiveness

The problem for HP and doomed CEO Leo Apotheker runs much deeper than the obvious, including a sagging stock price, TouchPad tablet and WebOS failure, and a damaged brand image. The simple cultprit has been corporate indecisiveness, which has run amok throughout every problem the company has faced. That's why Apotheker is apparently out of a job and Meg Whitman, the former eBay CEO is in. But even that very move smacks of indecisiveness, since Apotheker has only been on the job for one year.
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U.S. Stock Market

Is the Dow Headed Higher or Lower?

To say it's been a discomforting time for U.S. stock investors lately would be an understatement. Europe debt concerns, a tepid U.S. economic recovery that’s not creating enough jobs, and now Hurricane Irene’s damage has jolted institutional investors. Given the above, where’s the Dow headed from here?
General Electric CEO Jeffrey Immelt

25 Top CEOs Earn More Than Their Firms Pay in Taxes

Through massive pay raises and tax-dodging strategies, 25 CEO's were able to earn more than what their companies' pay in federal income taxes in 2010, according to an analysis by the Institute for Policy Studies.
Warren Buffett

Warren Buffett: Altruistic Defender of American Icons or Shrewd Profit Seeker?

Legendary investor Warren Buffett made a phone call to Bank of America CEO Brian T. Moynihan on Aug. 24 and offered to invest a staggering $5 billion in the bank. The Bank of America shares had been in doldrums amid questions over its liquidity situation and rumors that it would need a massive capital injection.
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Analysis: Buffett Trades off his Reputation, Returns Follow

Warren Buffett showed again this week that his name and money is enough to give a struggling company instant credibility in the market. But the legendary investor also demonstrated his canny command of that reputation means that such deals can immediately generate profits.
Facebook CEO Mark Zuckerberg speaks during a news conference at Facebook's headquarters in Palo Alto

Facebook, LinkedIn Threaten to Slay Monster.com

Shares of the parent of online job board Monster.com are down nearly 70 percent this year, with most of that loss coming since early July. A company that once boasted a multi-billion dollar market valuation is now worth less than $1 billion.
Stock Market

U.S. Stock Market: Who Has the Upper Hand Now - Bulls or Bears?

To say it's been a discomforting summer for U.S. stock investors would be an understatement. The Dow has been on a wild ride, with large market drops followed by sudden reversals. Look for market choppiness to continue until investors determine whether the Fed's latest monetary policy decision will be enough to rev-up U.S. GDP growth.
At Issue: U.S. and Global Stock Markets

U.S. Stock Market: Dow?s Wild Ride May Continue, on Societe Generale Woes

After a week of wild gyrations that saw the Dow Jones Industrial Average rise or fall 400 points on four consecutive days, there?s word that a major bank in France with a funny-sounding name may be in trouble. Further, if you think a possible problem at France's Societe Generale won?t affect the value of the U.S. stocks you own, think again.
Exxon Mobil

Top 10 Largest U.S. Companies by Market Cap

Market capitalization, also called market cap, means the total dollar market value of a company's all outstanding shares. It represents the aggregate value of a company or stock.
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Construction begins on Sentinel natgas plant in California

Competitive Power Ventures Inc (CPV), GE Energy Financial Services and Diamond Generating Corp (DGC) began construction at their co-owned, 800-megawatt gas-fired CPV Sentinel Energy Center in Riverside County, California, the companies said in a release on Thursday.
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How to play it: Swiss francs, gold thrive in debt crisis

It's not too late to find investor-friendly exchange-traded funds specializing in safe-haven currencies and precious metals, experts say, though the August 2 deadline for raising the U.S. debt ceiling is days away. For more intrepid individuals, there are even some tech ETFs that seem to be holding their own.
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GE pulls sale of railcar leasing business: sources

General Electric Co has canceled plans to sell its railcar leasing business that could have fetched about $3 billion for the largest U.S. conglomerate, people familiar with the matter said on Tuesday.

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