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Shares of General Electric took another pounding, reflecting investor fears that a conglomerate that was once the bluest of blue chips faces challenges daunting enough to force a dividend cut.
Arconic named former General Electric executive Chip Blankenship as its new leader, roughly six months after its prior CEO stepped down after sending an unauthorized letter to an activist investor.
Investors are sizing up President Donald Trump's candidates for Federal Reserve chair. Among market beliefs: A second term for Fed Chairwoman Janet Yellen would extend this year's record stock rally, while economist John Taylor would bolster the flagging U.S. dollar.
John Flannery plans changes to GE's compensation plans. Reporting at large, listed U.K. companies could be better, a regulator says. And, Tesla has agreed to set up its own production site in Shanghai, China.
Senate Majority Leader Mitch McConnell seemed to acknowledge on Sunday that making candidates take sides on his performance could be detrimental to the cause of holding on to an already slim majority in the Senate.
Hartford Financial Services Group Inc. has agreed to pay $1.45 billion to health insurer Aetna Inc. for a unit that provides life-, disability-income and other insurance products to employers’ benefits programs in the U.S.
Executive compensation is one of the many things John Flannery plans to shake up he tightens the belt at General Electric. But his options may be limited.
President Donald Trump is siding with Republican Senate incumbents in key re-election races, potentially putting him on a collision course with Steve Bannon, the onetime White House chief strategist who has declared a “season of war” on their party’s establishment.
Trading artwork for rent or doctor’s services can help make ends meet.
Public-sector workers in cash-strapped Hartford, Conn., are on edge as city officials have said the state capital could seek authority to file for bankruptcy as early as November.
After years spent in neutral, General Motors’ share price is springing to life as the company’s emerging-technology bets appear to be helping it shrug off its “dinosaur” image.
The White House stood by its criticism of Democratic Rep. Frederica Wilson, despite a video showing that Chief of Staff John Kelly had incorrectly characterized a speech she gave at the unveiling of an FBI office in South Florida.
GE’s next finance chief promised to get ‘back to basics’ with the conglomerate’s financial reporting, after the latest quarterly results highlighted the complexity of the company’s bookkeeping.
GE’s quarterly earnings fell as it incurred hefty restructuring charges during CEO John Flannery’s first official quarter at the helm, and the new CEO pledged to exit more than $20 billion of the company’s businesses.
Digital business is all about moving quickly and, dare we say, with agility through the product development process. By using a new set of 3-D tools, Carhartt is exploring ways to eliminate some of the physical process of product development, a move the company says could save money and speed time to market.
News and analysis from the WSJ's Washington bureau
The Federal Reserve’s benchmark interest rate would be significantly higher if the 1993 “Taylor rule,” named for the Fed chairman contender, were applied.
PayPal Holdings said Thursday that third-quarter profit rose 18% from a year earlier and executives projected strong growth for 2018 thanks in part to payments platform Venmo finally contributing to revenue.