U.S. stocks closed mildly lower, recovering from sharp opening losses on selloff overseas, as traders shook off concerns of contagion from Greece.» Read More
T. Boone Pickens confirmed Thursday that his Mesa Power outfit is placing a $2 billion order for 667 wind turbines with General Electric to build the world's largest wind farm in the Texas Panhandle.
Wall Street's bulls are still running but they are no thundering herd heading into Thursday's market, which promises to be ruled by the economic data du jour, and the rise and fall of the price of a barrel of oil.
A Carl Icahn proxy fight and word that GE will sell it's appliance division made headlines after the bell. What's the "Word on the Street?"
General Electric plans to auction off its appliances business for as much as $8 billion, ending the company's long association with so-called "white goods," the Wall Street Journal reported.
Joe Keating, CIO of private asset management at RBC Bank, picked stocks for graying Boomers. Plus: Web-Exclusive picks -- not on TV!
NBC kicked off the upfront ad presentations this week, but the network did it differently. NBC (parent network of CNBC) already unveiled its primetime lineup six weeks ago, so NBC's upfront week extravaganza wasn't a presentation, but more of a theme park-like interactive attraction.
This fluid-management stock is the gem of Cramer's "new tech" plays.
Back in 1957, Disneyland opened up a Jetsons-esque "Home of the Future" featuring all sorts of far-out gadgets like microwaves (!) and giant TVs (!). Some of them became realities in every American home. Others, like the floating furniture, well... Now, Disney is taking a whole new approach to the idea. I got a sneak peak at Disneyland's "Innoventions Dream Home," which opens in Tomorrowland on June 16.
When Rene Obermann took over Deutsche Telekom at the end of 2006 he was tasked with the firm's struggling domestic operations. But his non-domestic challenges have been—and continue to be—plentiful.
Israel has become known for it's high-tech economy. But this small desert nation surrounded by often hostile neighbors is working on what it hopes will be it's next wave of success: water.
General Electric will likely pick rival lender Acom as preferred bidder for its Japanese consumer loan business, paving the way for a $2.9 billion deal to create the country's biggest industry player, the Yomiuri paper said, sending Acom's shares to eight-month highs.
NBC Universal, a unit of General Electric, plans to say next week that the entry price for a 2009 Super Bowl 30-second ad will be $3 million, the Wall Street Journal said on Tuesday.
For now, it seems Microsoft CEO Steve Ballmer has kept his passionate side in check in choosing to walk away from ahostile Yahoo offer.
Comic book adventure "Iron Man" proved its mettle at the North America box office, kicking off the summer movie season with estimated weekend ticket sales of $100.75 million and marking an unlikely commercial rebound for its star, Robert Downey Jr.
Earnings Season shifted into high gear, both corporate results and economic statistics were all over the proverbial map, and investors and traders found opportunities in some unlikely places.
Tribeca Film Festival in Lower Manhattan kicked off Wednesday night with the premiere of Universal Pictures "Baby Mama," staring Saturday Night Live comediennes Tina Fey and Amy Poehler. This year the movie studios have 62 comedies scheduled for wide release, up from 52 wide-release comedies last year. The economy may be suffering, but Hollywood is bullish on comedies...
Earnings stories are sort of the oatmeal of the business news diner: It's never going to be a gangbusters offering, but you got to have it on the menu or you look incomplete ... especially that one day when a lot of people want the oatmeal.
Two weeks after General Electric's earnings shortfall stunned Wall Street, Chief Executive Jeff Immelt said the market reaction was "tough," but deserved.
With the run up in oil and General Electric's big miss this quarter, Russia's Gazprom could pass GE in the rankings of world's biggest companies by market cap. Here are the current rankings...
Pfizer's slide continues. The stock has now fallen below $20 for the first time since 1997.