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General Electric Co

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  • June 30- Wall Street was set to open higher on Tuesday, a day after the Dow and the S&P 500 registered their worst session since October, as investors hoped Greece would strike a last-minute deal to avoid an exit from the euro zone. Greece is hours away from defaulting on a 1.6 billion euro repayment to the International Monetary Fund. U.S. corporations have limited...

  • TOKYO, June 30- General Electric Co said it would sell its European private equity financing business to a unit of Japan's Sumitomo Mitsui Banking Corp for about $2.2 billion as the U.S. conglomerate sheds financial assets amid a restructuring. This makes the deal attractive to the core banking unit of Japan's third largest bank, Sumitomo Mitsui Financial...

  • TOKYO, June 30- General Electric Co is close to selling its European private equity financing unit to Japan's Sumitomo Mitsui Banking Corp for more than $2 billion, a person with direct knowledge of the matter said, as the U.S. industrial conglomerate sheds its financial assets amid a restructuring. This makes the deal attractive to the core banking unit of...

  • June 29- Japan's Sumitomo Mitsui Banking Corp is nearing a deal to buy General Electric Co's European private-equity finance unit, a source with direct knowledge of the matter told Reuters. The deal was first reported by the Wall Street Journal, which said it could be announced as soon as Tuesday. A Sumitomo Mitsui spokesman said nothing specific has been...

  • NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. MBIA Inc., down $1.95 to $6.37. National Bank of Greece, down 31 cents to 97 cents.

  • TORONTO, June 29- General Electric on Monday said it agreed to sell its fleet management arm in the United States, Mexico, Australia and New Zealand to Canada's Element Financial for $6.9 billion, moving it a step further in its plan to shed financial assets. The sale is part of a plan unveiled in April to divest about $200 billion in GE Capital assets as it moves away...

  • FAIRFIELD, Conn.— General Electric Co. is selling its U.S., Mexico, Australia and New Zealand fleet businesses to Element Financial Corp. for $6.9 billion. GE recently announced it would sell most of GE Capital over the next two years for about $26.5 billion. GE Capital Chairman and CEO Keith Sherin said in a written statement that the company is on track to sell off...

  • June 29- Canada's Element Financial Corp said it will buy General Electric Co's fleet management operations in the United States, Mexico, Australia and New Zealand for C $8.6 billion in cash. The sale would be part of a plan it unveiled in April to divest about $200 billion in GE Capital assets as it moves away from finance and focuses on manufacturing industrial...

  • Wacky leadership ideas that worked Saturday, 27 Jun 2015 | 7:00 AM ET
    Trust fall exercise in office

    If it all began with Dale Carnegie, it's come a long way since then. Here are 5 of the uncommon leadership methods tied to big successes.

  • BRUSSELS, June 27- General Electric will seek to convince doubtful EU antitrust regulators of the merits of its 12.4 billion euro bid for Alstom's power unit at a hearing, the U.S. conglomerate said on Saturday. The move came after the European Commission warned the company earlier this month that the deal, its biggest ever and a key element of its expansion into...

  • TORONTO/ NEW YORK, June 26- Canada's Element Financial is close to buying a large chunk of General Electric Co's vehicle fleet-management business in a deal that could be sealed as early as the end of June, three sources familiar with the matter said on Friday. The sale would be part of a plan it unveiled in April to divest about $200 billion in GE Capital assets as it...

  • Congress this week gave Obama "fast-track" power to speed the agreement through Congress. Microsoft Corp, International Business Machines Corp, AT&T Inc and Intel Corp see exports of digital services, such as software and technology consulting, rising in Asian markets. The deal would eliminate a 25 percent tariff on pickup trucks made in Japan and southeast...

  • Google, GE top Europe corporate lobbying list Thursday, 25 Jun 2015 | 9:46 AM ET
    The General Electric Co. (GE) logo is displayed during the company's annual meeting.

    U.S. giants Google and GE are clocking the most corporate face time with Europe's top officials, a report by Transparency International has revealed.

  • The skills gap in the US killing millions of jobs Wednesday, 24 Jun 2015 | 4:42 PM ET
    A job seeker holds an application while waiting in line to enter the Choice Career Fair in San Antonio, Texas.

    Millions of job openings in the US cannot be filled, because of a skills shortage. States are launching training programs to close the gap.

  • State winners and losers in race to woo business Wednesday, 24 Jun 2015 | 4:30 PM ET
    Top States 2015 On The Move

    Some states have made big economic strides. Others are falling short. Here's a look at movers on CNBC's Top States for Business 2015.

  • Google, GE get the most face time when lobbying the EU Wednesday, 24 Jun 2015 | 4:00 PM ET

    BRUSSELS, June 24- Google and General Electric are some of the most active companies lobbying the European Commission, the anti-corruption group Transparency International said on Wednesday. In a report analyzing meetings held by European Commissioners and their staff with companies and organizations over the last six months, Transparency...

  • WASHINGTON, June 24- A battle in Congress that could shut down the U.S. Export-Import Bank next week is already causing headaches for small exporters as they try to stop customers from defecting to foreign competitors and as export financing starts to freeze up. Last year, it was beaten to a landfill gas deal by a South Korean firm with export credit agency...

  • How to tackle big health-care issues: GE exec Wednesday, 24 Jun 2015 | 10:07 AM ET
    A patient undergoes an electrocardiogram.

    GE Vice Chairman John Rice says public private partnerships can help provide solutions to today's toughest health-care challenges.

  • WASHINGTON, June 24- A battle in Congress that could shut down the U.S. Export-Import Bank next week is already causing headaches for small exporters as they try to stop customers from defecting to foreign competitors and as export financing starts to freeze up. After being beaten to a landfill gas deal last year by a South Korean firm with export credit agency...

  • 8 companies poised to disrupt their industries Tuesday, 23 Jun 2015 | 10:41 AM ET
    GoPro Hero 4

    A look at newly public companies that still have ties to their founders and continue to maintain much of their early start-up flair.