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  • AP Top Financial News At 1:20 p.m. EDT Monday, 8 Sep 2014 | 1:20 PM ET

    Pound sinks as Scottish independence race tightens GE, home appliance pioneer, gives up on consumers Electrolux to buy GE Appliances in $3.3 B deal About that raise...

  • AP Top Financial News At 1:16 p.m. EDT Monday, 8 Sep 2014 | 1:16 PM ET

    Pound sinks as Scottish independence race tightens GE, home appliance pioneer, gives up on consumers Electrolux to buy GE Appliances in $3.3 B deal About that raise...

  • British pound sinks, independence opponents scramble after Scottish separatists surge in polls GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Electrolux to buy appliance division of General Electric in $3.3 billion deal Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons Panera asks customers to leave guns at home, unless are an authorized law enforcement officer Campbell Soup 4 Q adjusted profit meets Wall Street's view, revenue falls short; shares drop

  • AP Top Financial News At 1:12 p.m. EDT Monday, 8 Sep 2014 | 1:12 PM ET

    Pound sinks as Scottish independence race tightens GE, home appliance pioneer, gives up on consumers Electrolux to buy GE Appliances in $3.3 B deal About that raise...

  • British pound sinks, independence opponents scramble after Scottish separatists surge in polls GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Electrolux to buy appliance division of General Electric in $3.3 billion deal Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons Panera asks customers to leave guns at home, unless are an authorized law enforcement officer Campbell Soup 4 Q adjusted profit meets Wall Street's view, revenue falls short; shares drop

  • GE, home appliance pioneer, gives up on consumers Monday, 8 Sep 2014 | 1:06 PM ET

    NEW YORK— General Electric, a household name for more than a century in part for making households easier to run, is leaving the home. GE, based in Fairfield, Connecticut, Monday announced the sale of its appliance division to the Swedish appliance maker Electrolux for $3.3 billion.

  • British pound sinks, independence opponents scramble after Scottish separatists surge in polls GE, inventor of the toaster, turns away from simple machines, consumers, in push for profit Electrolux to buy appliance division of General Electric in $3.3 billion deal Harvard survey finds falling wages, more part-time jobs and firms favoring robots over people Lew: Treasury will act in' very near future' to make corporate overseas shifts less profitable US stocks decline as lower oil price drags down energy companies; Yahoo gains on Alibaba IPO S. Truett Cathy, devout billionaire who rose from poverty building Chick-fil-A, dies at 93 Hertz Chairman and CEO Frissora steps down from posts for personal reasons Panera asks customers to leave guns at home, unless are an authorized law enforcement officer Campbell Soup 4 Q adjusted profit meets Wall Street's view, revenue falls short; shares drop

  • AP Top Financial News At 1:06 p.m. EDT Monday, 8 Sep 2014 | 1:06 PM ET

    Pound sinks as Scottish independence race tightens GE, home appliance pioneer, gives up on consumers Electrolux to buy GE Appliances in $3.3 B deal About that raise...

  • *Electrolux to issue shares after deal completed. STOCKHOLM, Sept 8- Sweden's Electrolux AB said on Monday it would double U.S. sales by paying $3.3 billion in cash for General Electric Co's appliances business in its biggest ever deal, giving it the scale to go head-to-head with larger rival Whirlpool.

  • Electrolux to buy GE Appliances in $3.3B deal Monday, 8 Sep 2014 | 4:06 AM ET

    STOCKHOLM— Sweden's Electrolux is buying the appliances business of General Electric for $3.3 billion, boosting its presence on the North American market, the companies said Monday. The acquisition is the largest ever for Stockholm- based Electrolux, ranked as the world's second biggest home appliance maker after U.S. rival Whirlpool.

  • NEW YORK/ STOCKHOLM, Sept 4- Sweden's Electrolux AB is near a deal to buy General Electric Co's iconic appliance business for more than $2.5 billion, in a move that would significantly expand its reach in North America, people familiar with the matter said. Representatives for GE and Electrolux declined to comment.

  • Aug 21- Home Depot Inc named retail industry veteran Craig Menear as its chief executive, four months after he was appointed as head of the home improvement chain's U.S. retail business. Menear, 56, joined Home Depot in 1997 as a merchandising manager.

  • JAKARTA/ PHNOM PENH, Aug 18- Labour leaders behind the biggest strikes in Cambodia's $5 billion garment industry knew last year they had a strong case for higher wages: they had already compared notes with activists in neighbouring countries.

  • NEW YORK, Aug 14- General Electric Co is in talks with Sweden's Electrolux AB and other parties to sell its household appliances unit, people familiar with the matter said on Thursday. Bloomberg News earlier reported that GE's appliances unit had drawn interest from Electrolux and consumer development startup Quirky.

  • NEW YORK, Aug 7- Lululemon Athletica Inc founder Chip Wilson will sell half of his 27 percent stake in the yoga apparel maker to private equity firm Advent International for $845 million, as part of a deal in which Wilson agreed not to wage a proxy contest.

  • *Game Digital re-emerges after old firm nearly went bust. Although overall growth trends still firmly favor online shopping, higher share prices flag investor faith in chains such as UK video-game retailer Game Digital, electrical-appliance group Dixons, and Swiss Mobilezone.

  • Puma inks deal with Arsenal, throws a big party Wednesday, 30 Jul 2014 | 1:22 PM ET
    Arsenal's Santi Cazorla (L) celebrates with Olivier Giroud (R)

    Athletic shoemaker Puma teamed up with one of England's top-flight soccer clubs, Arsenal FC, to promote a sponsorship deal.

  • July 25- U.S. companies are reporting sluggish financial results in Latin America, showing the risks they face in relying on Brazil and other emerging markets in the region for growth. Several companies reported tepid performance in Brazil, the biggest economy in Latin America, where some economists fear the country is on the verge of a recession.

  • *Caterpillar drags on Dow; Facebook at record on results. *Amazon shares fall after market's close; Baidu rallies. NEW YORK, July 24- U.S. stocks finished a quiet session mostly flat on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high.

  • *Caterpillar drags on Dow; Facebook stock at record on results. NEW YORK, July 24- U.S. stocks ended a quiet session on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high. Recent gains on Wall Street have been fueled by earnings, which have been strong this quarter.