General Electric looks to sell appliance unit: report
BOSTON (Reuters) - General Electric Co looking to sell its appliance unit in an auction that could bring in $5 billion to $8 billion, The Wall Street Journal reported on its Web site on Wednesday.
Afghanistan seeks $50 billion in aid Afghanistan will ask international donors next month for $50 billion to fund a five-year development plan, a presidential aide said, despite growing criticism that aid money is being wasted Afghanistan produces about 93 percent of the world's opium, the raw material of heroin.
House votes to stop adding to [Bush's insane] oil stockpile The House of Representatives on Tuesday followed the Senate in rejecting the Bush regime's policy of adding oil to the country's Strategic Petroleum Reserve while fuel prices are high. The Senate approved a similar measure earlier in the day. Like the Senate's legislation, the 385-to-25 vote in favor of the bill in the House was big enough to override a possible presidential veto of the measure.
BOSTON (Reuters) - General Electric Co looking to sell its appliance unit in an auction that could bring in $5 billion to $8 billion, The Wall Street Journal reported on its Web site on Wednesday.
Afghanistan seeks $50 billion in aid Afghanistan will ask international donors next month for $50 billion to fund a five-year development plan, a presidential aide said, despite growing criticism that aid money is being wasted Afghanistan produces about 93 percent of the world's opium, the raw material of heroin.
House votes to stop adding to [Bush's insane] oil stockpile The House of Representatives on Tuesday followed the Senate in rejecting the Bush regime's policy of adding oil to the country's Strategic Petroleum Reserve while fuel prices are high. The Senate approved a similar measure earlier in the day. Like the Senate's legislation, the 385-to-25 vote in favor of the bill in the House was big enough to override a possible presidential veto of the measure.
US foreclosure filings surge 65 percent in April More U.S. homeowners fell behind on mortgage payments last month, driving the number of homes facing foreclosure up 65 percent versus the same month last year and contributing to a deepening slide in home values, a research company said Tuesday.
1 comment:
Yes I saw the GE sale, yes when people are loosing thier homes, college kids move home with Mom and Dad after graduation, there is not a need for household items. I fear, and I am sure GE does as well that their big appliances could be in trouble next. Yep when the can opener breaks people will buy a manual one for a fraction of the cost, small appliances are luxury items that people can mix by hand, chop etc.
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