The House passed the most ambitious restructuring of federal financial regulations since the New Deal on Friday, aiming to head off any replay of last year's Wall Street failures that plunged the nation deep into recession.
Equity index ETFs like the S&P 500 SPDRS ETF, SPY and the Dow DIAMONDS ETF, DIA edged higher again on Friday, becoming increasingly overbought above the 200-day moving average.
CHARLOTTESVILLE, Va.----GE and FANUC LTD announced today that the two companies have completed their agreement to dissolve the GE Fanuc Automation Corporation Joint Venture. This agreement reverts the respective portions of the joint venture back to the parent company and allows each company to focus on its existing businesses and pursue growth in its respective core industry of expertise.
There was something Brutus-like about the speech Jeffrey Immelt, the chief executive of General Electric , gave at West Point this week: as the public rounds on bankers, the elevated business leader chose to get in on the act.
There is not a single investment play that was "boring" in the last 12 months. That includes even the staid world of stock dividends, not often regarded as the raciest of investment ploys.
Rumors are spreading across the Internet that NBC Universal executive Lauren Zalaznick is headed to MTV. "There is absolutely no truth to these rumors," says Cameron Blanchard, SVP of communications for NBCU's Women & Lifestyle Entertainment Networks–the unit, including the Bravo network, that Zalaznick oversees.
Officials with the new Arena Football One league said Thursday they are on schedule to return to the field next spring with a more modest economic model they hope will ensure its success.
Encouraging retail sales results lifted US stocks on Friday but the stronger dollar capped Wall Street's gains. Revenue from goods, excluding cars and petrol, was expected to only have risen 0.2 per cent last month but data showed sales had risen 0.6 per cent.
Is the NBCU-Comcast deal really about a new business model for cable? By Tom MacIssac, CEO, ExtendMedia That cracking sound you hear is the walls of the clubby world of cable beginning to crumble.
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