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.» Read More
Swedish home appliances maker Electrolux said booming emerging markets and an improvement in North America would help offset poor sales and price pressure in Europe in 2013.
Jeff Fettig, Whirlpool Corporation chairman & CEO, discusses his company's better-than-expected fourth quarter, as shares of the stock are up more that 100 percent over the last year.
GOME Electrical Appliances, backed by private equity firm Bain Capital, expects it made a loss last year because of a slowdown in China's economy and an unprofitable e-commerce business, the company said on Monday.
The average US refrigerator is 15 percent larger than 30 years ago, and one out of four homes has a second one. See a problem?
Chinese white goods company Haier’s $705 million offer for its New Zealand partner Fisher & Paykel Appliances is tempting given slowing demand for its products, but Keith Turner, Chairman of Fisher & Paykel, says shareholders should not accept the offer, just yet.
What's so special about this vacuum cleaner? "High-performing 10 amp motor, 14" wide cleaning nozzle with wooden roller brush, anti-marring urethane wheels, lightweight at just under 16 pounds." Oh yeah, it's also plated in 24k gold ... and costs $999,999. Who is the target audience? "Those who simply can," says the Go Vacuum website.
It might have a broken stock, but “Mad Money” host says it’s not a broken company.
From refrigerators to washers, these machines may control you as much as you think you are controlling them. Click ahead to view some of the coolest smart-tech appliances.
Making a bullish and bearish case for Whirlpool, with Mike Murphy, Rosecliff Capital, and Pete Najarian, optionMONSTER.com. Also, the Fast Money traders weigh in with the play on the stock.
With the poor job market and uncertain recovery, hundreds of thousands of Americans have put off moving out on their own — and that's depriving the economy of a lot of activity. The New York Times reports.
From autos to appliances to high-tech gadgets, there are lots of choices for conumers.
With commodities prices high and global supply low, analysts are bullish on this ugly-duckling business.