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| Major makeover of Wall Street regs passes House (AP) December 11, 2009 at 6:43 pm |
| 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. |
| GE and FANUC Complete Joint Venture Dissolution (Business Wire) December 11, 2009 at 3:07 pm |
| 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. |
| GE strikes back (at FT.com) December 11, 2009 at 2:55 pm |
| 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. |
| Is NBCUs star exec heading to MTV? (at Fortune) December 11, 2009 at 1:58 pm |
| 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. |
| Arena football league readies new schedule (AP) December 11, 2009 at 10:44 am |
| 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. |
| Sales data give lift to Wall Street (at FT.com) December 11, 2009 at 10:20 am |
| 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. |
| And the walls came tumbling down (at Fortune) December 11, 2009 at 9:01 am |
| 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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