HNAs Fire Sale Isnt Offering Any Bargains
August 28, 2018

At HNA Group Co., everything must go. But peer through the noise, and it looks like this distressed seller isn’t offering bargain-basement prices.

The Chinese conglomerate remains mired in chaos and confusion after its co-chairman died suddenly. The billions of Continue reading

GE Jumps Most in Two Months on Speculation Buffett Will Invest
April 2, 2018
  • Wall Street analyst says chatter ‘may be a plausible theory’
  • No comment from companies; billionaire helped rescue GE in ’08

It started swirling through the markets early in the morning. One trader after another passed it on, irrespective of whether Continue reading

GE to Cut 12,000 Jobs in Its Power Business
December 16, 2017

General Electric Co. plans to cut 12,000 jobs in its power business as the company’s new leaders look to slash costs and stabilize the beleaguered manufacturer.

The reductions, accounting for about 18 percent of GE Power’s workforce, include both professional Continue reading

GE’s $100 Billion Wipeout Heralds Reckoning for an American Icon
November 13, 2017

Few under the age of 30 might remember, but General Electric Co. was once a model of corporate greatness.

Back in 1999, when Steve Jobs was still fiddling with iMacs, Fortune magazine proclaimed Jack Welch, then GE’s chief executive officer, Continue reading

How Electric Cars Can Create the Biggest Disruption Since the iPhone
October 9, 2017

It’s been 10 years since Apple Inc. unleashed a surge of innovation that upended the mobile phone industry. Electric cars, with a little help from ride-hailing and self-driving technology, could be about to pull the same trick on Big Oil. Continue reading