General Electric News

United Technologies Corp. is nearing an agreement to buy General Electric Co. a s fire alarm and security systems unit for at least $1.8 billion, according to two people familiar with the matter.

Nov. 9 -- Comcast Corp. and General Electric Co., in discussions over the sale of GE's NBC Universal division, agreed to value the unit at about $30 billion, according to three people familiar with the matter.

Comcast Corp. and General Electric Co. agreed to value GE's NBC Universal at about $30 billion as they discuss creating a joint venture to own the entertainment division, according to three people familiar with the matter.

Norwalk, Conn. GE Capital Retail Corporate Finance, a finance arm of General Electric Co., said Friday it is renewing for four years its private-label credit-card program with J.C. Penney Co.

The day before Halloween, the White House released a partial list of visitors since Jan.

Stocks snapped a two-week losing streak Friday as a surge in General Electric nudged the Dow Jones Industrial Average back above 10,000, marking its first weekly close above that level since the early days of the credit crisis.

Nov. 6 -- Michael Yoshikami, chief investment strategist at YCMNet Advisors, and Dan Brady, an options trader at Entropy Capital, talk with Bloomberg's Carol Massar and Matt Miller about the U.S. economy, stock market and their investment advice.

The region's stocks rose Friday, including General Electric Co., Diageo PLC and Aircastle Ltd.

U.S. stock market futures turned lower Friday after the latest jobs figures showed the U.S. unemployment rate had moved above 10% for the first time in 26 years.

Warren Buffett leads a simple life. But when the revered business legend buys a train set, its a $34 billion mega-deal.Coming along just as the economy has begun to recover, Buffetts bid on Tuesday to buy the Burlington Northern Santa Fe Corp.

Filed under: Forecasts , Products and services , Competitive strategy , General Electric , Berkshire Hathaway , ConocoPhillips , Goldman Sachs Group The housing bubble and subsequent "Great Recession" have tarnished the stars of a good many of the world's financial wizards, such as the former heads at Lehman Bros.

Comcast Corp and General Electric Co are closer to a deal to give Comcast a 51 percent stake in NBC Universal and a formal announcement may be made in the coming week, the New York Times said, citing people briefed on the talks.

Federal prosecutors on Thursday used initial testimony to try and prove that Minnesota businessman Tom Petters was committing fraud as early as 2000 - the seeds of what authorities say became a multi-billion-dollar Ponzi scheme.

When 65 scientists met at Princeton University in 1955 to decide where to permanently store radioactive waste from nuclear power plants, their conclusion was simple: Bury it deep underground, far from earthquakes.

After 65 years in Owensboro, the General Electric Co. announced plans to close its local motors plant next year.

The Obama administration on Friday released a partial roster of visitors in the first six months of President Barack Obama's term, a list that shows business executives, labor leaders, lobbyists and a sprinkling of celebrities were cleared into the White House for meetings, events or tours.

When A123Systems Inc. was languishing in anticipation for the initial public offering market to open - yet was still in need of new cash to fund development efforts - an unexpected investor led the charge to fill the company's coffers.

General Electric Co. said Thursday it named John Flannery as president and CEO of its operations in India to streamline and expand its operations there.

Here's our collection of photos from the Web 2.0 Summit, which ran from Tuesday through Thursday in San Francisco.

Scientists at GE Global Research, part of General Electric , and Eli Lilly and Co.