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Yahoo! News NEW HAVEN, Conn. — General Electric Co. plans to sell or spin off the business that for a century has put appliances in American homes, a decision that could presage further asset sales, analysts said. GE confirms plans to exit appliance business (AP via Yahoo! News) Carlyle buy Carlyle Group, the private-equity firm run by David Rubenstein, agreed to buy Booz Allen Hamilton's US government-consulting business for $2.54 bil lion, its biggest buyout since the credit mar kets collapsed last July. Macy's-FAO FAO Schwarz will open toy stores in nearly 700 Macy's de partment stores over the next two years. The two companies an nounced that about 75 full-size FAO ... BUSINESS BRIEFS (New York Post) General Electric Co confirmed on Friday it may sell or spin off its century-old appliances unit, saying the business was too focused on the United States. GE confirms plans to exit appliance business (Reuters via Yahoo! News) A business in South Australia says it will lose millions of dollars because of the new means-test on the solar energy rebate. |
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