Nelson Peltz's Trian Fund Management invested $2.5 billion in GE a year ago.
Oil prices slid on Monday after non-OPEC producers made no specific commitment to join OPEC in limiting oil output levels to prop up prices.
Jim Cramer said on Monday the GE-Baker Hughes merger would be a very good rival to Schlumberger.
Jonathan Pain, author of The Pain Report, explains why he doesn't have high hopes for a concrete agreement to cut oil production.
General Electric could announce a $30 billion deal with Baker Hughes as early as Monday, according to the Wall Street Journal (WSJ).
Officials meeting in Vienna to work out the details amid objections by Iran over freezing its output, OPEC sources said.
Elon Musk thinks the future will require more power drawn from utilities, not less.
Tesla unveiled its solar roof on Friday, but it will take a keen eye to pick out which houses have them installed.
CNBC's Bertha Coombs reports on the oil markets, live from the NYMEX.
Oil prices edged lower Friday on doubts about OPEC's first planned output cut in eight years.
“We think even without an OPEC deal, prices are headed higher and that’s purely because of fundamentals,” a Barclays oil analyst told CNBC.
Exxon Mobil on Friday reported earnings of that topped analysts' expectations.
Chevron on Friday reported quarterly earnings of $1.3 billion, or 68 cents a share, on revenues of $30.14 billion.
It will be difficult to push oil prices much higher even if OPEC reaches an agreement to limit crude output, Dennis Gartman said.
The French oil and gas company Total has managed to offset the effects of weak commodity prices by reporting better-than-expected profits in the third quarter of 2016.
Tesla's third-quarter earnings results had something for both bulls and bears.
The oil market is taking a breather after the past month's rally sparked by hopes of an OPEC output limit.
Wall Street is anticipating improvement in quarterly earnings from oil majors after many missed forecasts last quarter.
Saudi Arabia is committed to bringing OPEC together but a 4 percent output cut seems unrealistic, says Credit Suisse's David Hewitt.
Even without an OPEC deal, Barclays oil analyst, Miswin Mahesh, explains why he thinks prices are still going to head higher.
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