Bids Fly as GE Unit Auction Nears an End

Related Link: 

Several private-equity firms are vying to buy General Electric Co.’s unit that funds leveraged buyouts, in a sale process that could fetch more than $17 billion for GE and be the largest U.S. finance deal since the financial crisis.

GameStop Has More Lives Left

Related Link: 

Ahead of the Tape: GameStop’s used-videogame cash cow has lasted longer than pessimists predicted.

Michael Kors Shares Plunge

Related Link: 

Michael Kors posted its first sales decline as a public company, helping send the accessories brand’s stock down 24%, even as its profit grew during the most recent quarter.

FBI Investigating Hysterectomy Tool

Related Link: 

The morcellator surgical tool was found to spread uterine cancer, and the FBI is examining what the largest maker of it, Johnson & Johnson, knew about its hazards.

McDonald's to Stop Reporting Monthly Sales Data

Related Link: 

McDonald’s CEO said his turnaround plan will hinge on many small things, and the company plans to stop disclosing monthly sales figures beginning July 1.

Google's Search for Platforms on Display

Related Link: 

Google this week will make a renewed push for developers to work with Android for wearable devices, Internet-connected TVs, cars and virtual reality at its I/O conference.

Mental-Health Screenings for Pilots Under Review

Related Link: 

The FAA has set up an advisory group to consider possible changes in mental-health screening of U.S. commercial pilots.

Traders Pile In at the Close

Related Link: 

The middle of the day has become awfully quiet on the U.S. stock market, as index funds and computer models push the action toward the end of the trading day.

Bank of England Official Received Emails Tied to Libor Manipulation

Related Link: 

A senior Bank of England official received emails that were part of an alleged campaign to rig benchmark interest rates, according to evidence presented in a London trial.

In a Slow Economy, Negative Quarters Shouldn't Surprise

Related Link: 

Data this week could show the U.S. economy shrank earlier this year, but that doesn’t necessarily indicate a recession, writes Greg Ip.

Syndicate content