GE Buys Dresser for $3 Billion

General Electric said Wednesday it would buy Dresser Inc., an energy infrastructure provider, for $3 billion, the latest in a series of deals and contracts from the U.S. conglomerate.
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GE Capital Buys Citigroup’s Retail Loans

General Electric unit GE Capital announced Tuesday that it had acquired the retail finance portfolios from Citigroup’s Retail Partner Cards. Financial terms of the deal were not disclosed, but GE Capital expects it will immedia…

FCC Dives Deeper Into the Comcast-NBC Universal Deal

The questions center on how Comcast distributes content and makes decisions on which programming to offer. Regulators are also questioning NBC Universal about its contracts with other content distributors like satellite, cable …

Pharmas Probed Over Foreign Bribery Allegations

Federal investigators are looking into allegations that major drug companies, including Merck, AstraZeneca, Bristol-Myers Squibb and GlaxoSmithKline, paid bribes overseas to boost sales and accelerate approvals.
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