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Obama Picks GE CEO Immelt to Lead New White House Economic Panel

by | Jan 21, 2011 | Towing

General Electric CEO Jeff Immelt will become the head of a new presidential panel called the President’s Council on Jobs and Competitiveness. But is Immelt the right person for the job?
Continue reading Obama P…

Three U.S. Stocks to Buy After Chinese Premier’s White House Visit

by | Jan 19, 2011 | Towing

President Obama brought executives from 13 major U.S. firms to the White House Wednesday to meet with Chinese Premier Hu Jintao. The corporate leaders will surely be angling for better access to China’s markets, which could boo…

Watch Out, ESPN: Comcast Forms Big Rival with NBC Universal

by | Jan 18, 2011 | Towing

Comcast’s takeover of NBC Universal got the green light from the FCC and the Justice Department on Tuesday. The deal creates an entertainment colossus in television, movies, the Internet and theme parks. Will it also make Comca…

How GE Is Arming China to Compete With Boeing — and America

by | Jan 18, 2011 | Towing

GE plans to sell its aircraft electronics to Chinese companies, and if you don’t have a problem with that, maybe you should. After all, China just tested a prototype stealth fighter, it continues to build up its military — and…

It Could Be Another Week of Robust Corporate Earnings [Video]

by | Jan 18, 2011 | Towing

Apple, BofA, Morgan Stanley, IBM, GE, Goldman and Google are among the names reporting this week. And if last week’s numbers are any guide, the market should have plenty of reasons to rally — especially because expectations ar…

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