GE stock has lost more than 40% of its value since 2000, when Flannery’s predecessor, Jeffrey Immelt, was appointed.
The $69 billion CVS-Aetna deal points to companies working in different industry sectors looking at synergies of merging with one another for improved services, cost advantages, market dominance, profits and more.
Jerome Powell is President Donald Trump’s nominee to replace Janet Yellen as chair of the US central bank. He will start his tenure in February 2018.
US treasury bond yields could rise sharply in 2018, as central-bank liquidity begins to recede and heavy new supply hits the market.
The proposal includes review of additional categories of transactions, such as nonpassive investments in critical technologies or infrastructure companies.
Companies are concerned about the vague language of the bill about the applicability of the tax, and the fact that bilateral tax treaties, designed to avoid double taxation, will not function well under these circumstances.
A professor at the University of Chicago Booth School of Business, Richard Thaler’s advances in behavioral economics merited a Nobel Memorial Prize in Economic Science in October.
Companies like Google, Tesla and the German battery company Sonnen are pitching in to build the island's power and communications networks.
These are the ratings for central bank governors for the Americas region in 2017.
The company has changed plans to split into three separate companies following the merger between Dow Chemicals and DuPont.
Ever since it became a bank holding company in 2008 to stay afloat in the financial crisis, the bank was urged by US Federal Reserve to rely more on ‘sticky’ consumer deposits to lower its risk profile.
The firm says the new headquarter would be as big as the existing offices in Seattle and will come with $5 billion in investment promising jobs for 50,000 employees.
David Knopf, 29 years old, represents a new breed of millennial executives who have risen up the ranks at global companies.
Executives and institutions normally known for their big-ticket dealmaking and political pronouncements have taken on an almost activist stance in the aftermath of Hurricanes Irma and Harvey.
US based CFOs have cause to cheer with the US economy growing at a faster clip than expected. The Bureau of Economic Analysis on Wednesday revised the US real gross domestic product (GDP) growth rate for the second quarter of 2017 to 3% from ...
The rising number of risky auto loans are a sure source of worry but can they throw the larger US economy into a tailspin like the subprime housing crisis.
Following the April summit the US and China achieved a 100-day joint action plan, a significant departure from Trump’s campaign rhetoric
Elon Musk, profitless billionaire first it surpassed Ford, then GM, then went head to head with Honda and flew past it.