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GE Outlines Cash Burn From Boeing Max and Insurance Woes at Investor Conference
The ongoing saga of delays at Boeing and the aftermath of the deadly Boeing 737 Max crashes has come with a widespread fallout in companies that deal with Boeing, including General Electric......»»
Asia Markets: Asian stocks rally on apparent U.S.-China trade progress
Asian stock markets jumped Friday, reacting to U.S. market gains and general bullish sentiment as talk of a China-U.S. trade deal buoyed share prices......»»
Exclusive: Allianz, Nippon in race to buy Aviva"s Asia units for up to $2.5 billion - sources
German insurer Allianz, Nippon Life and MS&AD Insurance are vying with rivals to buy the Singapore and Vietnam businesses of Britain's Aviva in a deal likely to be worth up to $2.5 billion, sources said......»»
GM Korea fails to reach wage deal, edging closer to bankruptcy filing
SEOUL (Reuters) - General Motors' loss-making South Korean unit and its labor union failed to reach a wage deal by Friday, breaching a deadline set by the U.S. automaker to seek bankruptcy protection for the unit......»»
Marsh & McLennan to buy UK insurance broker JLT for $5.66B
Marsh & McLennan said the deal will enhance its position in key growth markets in Asia and Latin America......»»
SoftBank"s Vision Fund nearing $1.5 billion investment in SE Asia"s Grab -source
SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said......»»
SoftBank"s Vision Fund nearing $1.5 billion investment in SE Asia"s Grab: source
SoftBank Group Corp is nearing a deal to invest $1.5 billion in Grab, three times a previously expected $500 million, as Southeast Asia's biggest ride-hailing firm looks to expand, a person with knowledge of the matter said......»»
Germany to seek antitrust reform in 2020 EU presidency: source
Germany will seek to reform competition law during its European Union presidency in 2020, a government source told Reuters on Wednesday, hours after antitrust regulators blocked a rail deal between Siemens and Alstom......»»
GE debt rallies, bond insurance price drops on Danaher deal
General Electric Co bonds rallied broadly on Monday after the company struck a deal to sell its biopharma business to Danaher Corp for $21.4 billion and said it would use cash from the deal to ease its massive debt burden......»»
Custom Truck One Source buys New York repair shop in second acquisition of 2023
The Kansas City-based manufacturer and single-source provider of specialized truck and heavy equipment solutions made its second M&A deal of 2023......»»
Tesla Quietly Signed Deal With India"s Tata Electronics To Source Chips: Report
This story was first published on the Benzinga India portal. read more.....»»
SRS Distribution leases building near IAH on heels of $18B Home Depot deal
McKinney, Texas-based building materials company SRS Distribution — which will be acquired by The Home Depot in an $18 billion deal — is expanding its presence near Houston's George Bush Intercontinental Airport (IAH)......»»
Futures Movers: Oil prices extend slide on optimism around restoring Iran nuclear deal
Oil futures lose ground Thursday, with weakness attributed in part to signs negotiators are making progress toward a deal that would see the U.S. lift sanctions against Iran, returning a large source of supply to the market......»»
Tyson Foods to sell its pet treats business for $1.2 billion, 11 years after entering the business
Tyson Foods Inc. announced Friday a deal to sell its pet treats business for $1.2 billion to General.....»»
Maryland hotel exec racing clock to find investors for $680 million bid for Tribune Publishing, but nobody is stepping up in Chicago: source
With three weeks left until shareholders are set to vote on a deal to sell Tribune Publishing to hedge fund Alden Global Capital, Maryland hotel executive Stewart Bainum is urgently seeking Chicago investors to help buy the Chicago-based newspaper chai.....»»
$4 Trillion Economic Stimulus
Biden’s $4 Trillion Economic Plan, in One Chart Source: New York Times This is a pretty big deal, and its hard to judge if it is being recognized as such. i am going down the rabbit holes to see what.....»»
General Electric will continue to explore options in and around insurance
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Citigroup (C) Earnings Climbed By 3-Folds in Q1
Citigroup Inc (NYSE:C) in its current form is a result of a merger between banking giant Citicorp and insurance giant Travelers Group in 1998......»»
Earl "E-40" Stevens on growing a "spirits empire" in a pandemic, investing early in Clubhouse, and how a Verzuz appearance propelled his business
Earl "E-40" Stevens spoke to Insider in a wide-ranging interview tied to the signing of a national distribution deal for his spirits business. Earl "E-40" Stevens. Phil Emerson Hip-hop icon and en.....»»
Signal Advisors Adds $10M Series A Led By General Catalyst
Detroit-based Signal Advisors, a tech-enabled distributor of annuities and life insurance, announced the closure of a $10 million Series A led by General Catalyst. read more.....»»