Buying Alstom SA would be Jeffrey Immelt’s biggest attempt yet to reverse a 35 percent slump in General Electric Co.’s shares on his watch as sales growth languishes.
After ethics scandals, production breakdowns and a two-month machinists strike, the 787 Dreamliner’s successful test flights are lifting investor optimism.
Deutsche Bank AG’s private-equity group is seeking $1 billion for its next fund that will buy investors’ stakes in private-equity funds, according to two people familiar with the situation.
Three geniuses converge at the Brooklyn Academy of Music’s Next Wave Festival for “Throne of Blood.”
The Hedge Fund team got the better of Private Equity for the second straight year in a charity basketball game that has raised more than $4 million for youth programs in New York City.
Texas water regulators, petrochemical plants and lawyers for the last wild flock of whooping cranes are facing off today in a Texas courtroom over who has first rights to dwindling water from a drought-starved river.
"He had sort of an awakening about GE's balance sheet after 2008."
- Charles Smith on Apr 23, 2014