Category Archives: CNN – Business

Power outage at GE

Power outage at GE

NEW YORK (CNNMoney) – General Electric is transforming itself for the future, but the iconic company is still dogged by major problems from the past in its power division. Profit at GE Power plungeMORE

Avis CEO says rental car biz is alive and well

Avis CEO says rental car biz is alive and well

NEW YORK (CNNMoney) – Avis Budget Group may need to whip out its old “try harder” advertising slogan to convince Wall Street that the rental car business is still relevant.Who needs to rent a car wMORE

Merck pledges to cut prices for seven drugs

Merck pledges to cut prices for seven drugs

NEW YORK (CNNMoney) – Merck joined fellow pharmaceutical giants Novartis and Pfizer on Thursday in pledging to limit drug price increases in the United States.Merck said it’s cutting the price of ZMORE

Trump vs. the Fed; GE earnings; Skechers slump

Trump vs. the Fed; GE earnings; Skechers slump

LONDON (CNNMoney) – 1. Trump vs. The Fed: Investors are still considering the implications of President Donald Trump’s unusual criticism of the Federal Reserve.Trump told CNBC on Thursday that he’sMORE

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