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GE to buy oil pump maker Lufkin for nearly $3 billion

General Electric Co is buying oilfield pump maker Lufkin Industries Inc for $2.98 billion, sharply increasing its presence in the fast-growing market to extract oil and natural gas from shale rock, the conglomerate said on Monday.


Made in the USA: More consumers buying American

A curious thing is happening among American shoppers. More are checking labels and asking, "Is it 'Made in the USA?'" Walmart, the nation's largest retailer, earlier this year announced it will boost sourcing of U.S. products by $50 billion during the next 10 years. General Electric is investing $1 billion through 2014 to revitalize its U.S. appliances business and create more than 1,500 U.S. jobs.


Comcast to buy GE's 49 pct stake in NBCUniversal

Comcast & NBCUniversal

Comcast says it's buying General Electric's 49 percent stake in NBCUniversal joint venture for $16.7 billion.


As GE profits rise, investors wonder about cash plans

(Reuters) - What's Jeff Immelt going to do with the money? General Electric Co shareholders are wondering what the company's chief executive plans to do with a cash windfall that could total tens of billions of dollars over several years as the company sells its remaining stake in NBC Universal and recoups more of the profits earned by finance unit GE Capital.


GE to Buy Avio for €3 Billion

General Electric is on the verge of finalizing a deal to buy Italian aerospace group Avio for as much as €3 billion ($4 billion), according to people familiar with the negotiations.


GE second-quarter profit tops forecasts despite volatile economy

General Electric Co reported second-quarter profit slightly above expectations on Friday, offsetting weaker-than-forecast revenue growth, and said it was finding ways to grow despite a hazy economic outlook.


GE profit meets Street view, sees 2012 growth

General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.


GE to build nation's largest solar power plant

GE to build nation's largest solar power plant

General Electric says it's going to build the nation's largest solar panel factory, part of a $600 million dollar bet on the future of solar power in the United States.


Fox News Screws up NBC GE Taxes Story

This was on It gets really funny towards to middle/end. I snagged it before they took it down. This is what happens when you try to be start mixing up your lies.


Obama brings big business to the table

President Obama on Friday tapped one of the country's top corporate executives as his chief adviser on how to help American companies create more jobs at a time when Washington's options for bolstering employment through public spending have narrowed.


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