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Economy

Flannery will become CEO on August 1., and will add the title of chairman on January 1, the Boston-based company said in a statement Monday. Immelt will remain as chairman through the end of this year. He has led GE's equity business in Latin America and the overall GE Capital business for Argentina and Chile. The once-mighty conglomerate has been steadily selling off assets in recent years to concentrate more on its industrial roots, but its post-crisis recovery seemed to stall since the ...
  • Penguins repeat as Cup champs

    Penguins repeat as Cup champs

    Economy

    Sissons also had a goal negated 1:07 into the second period, when referee Keith Pollock blew the play dead with the puck lying in the crease and after it trickled through Murray's left arm. He followed that up by leading the National Hockey League with 44 goals, and Crosby was at his best in this Cup Final leading all scorers with seven points - one goal and six assists, including three in a 6-0 win in Game 5 that put the Penguins on the verge of their latest title.
  • Increased Selling after U.S. Withdraws from Global Climate Pact

    Economy

    Oilfield services firm Baker Hughes on Friday reported its weekly count of oil rigs rose for a 20th straight week. "Growth in oil production from U.S. Rosneft, Russia's largest oil producer, has borne the brunt of output cuts under the extension deal. "There is not much geopolitical risk premium priced into oil right now (but) if tensions do ratchet higher between the key OPEC producers, like Saudi Arabia, Iran and Iraq, then the market will start paying attention to this", said Virendra ...
  • Were Analysts Bearish British Land Company PLC (LON:BLND) This Week?

    Economy

    Therefore 75% are positive. UBS maintained the shares of ITRK in report on Friday, February 26 with "Buy" rating. The company was maintained on Thursday, May 25 by Goldman Sachs. CEY has been the subject of a number of other research reports. Mondi Plc (LON:MNDI)'s stock had its "neutral" rating reiterated by equities research analysts at Credit Suisse Group AG in a note issued to investors on Tuesday.
  • Clinging to her job, Britain's May appoints new ministers

    Clinging to her job, Britain's May appoints new ministers

    Economy

    The new statement came after Downing Street earlier said the DUP had agreed to the principles of an outline agreement to support a Conservative government. But despite jubilation among Mr Corbyn's supporters at bloodying Mrs May' s nose, Labour MP Chris Leslie said the party should not pretend it achieved a "famous victory".
  • May seeks deal to stay in power

    May seeks deal to stay in power

    Economy

    Cable, beaten in the 2015 election, regained a parliamentary seat in Thursday's general election, which ended with the Conservatives being forced to form a minority government . "We all need to pull together to take on Theresa May and take on the Tories", she told Sky News . Fallon said the DUP would agree to back the Conservatives on big economic and security issues.
  • Predators' Stanley Cup run comes to end with 2-0 loss

    Predators' Stanley Cup run comes to end with 2-0 loss

    Economy

    A group of reporters covering the series staged a "stand-in" at Subban's locker following the morning skate after a Predators PR official appeared to corral Subban in the hallway as he left the ice and instructed the veteran defenseman not to speak to the media.
  • 'Dear Evan Hansen' wins big at Tony Awards

    'Dear Evan Hansen' wins big at Tony Awards

    Economy

    Rogers drama about Norwegian involvement in the Israeli-Palestinian peace talks in 1993, won for best play, despite a fierce campaign by " A Doll's House, Part 2 ". Unlike last year when " Hamilton " dominated the annual celebration of Broadway's best, this year's edition lacked a clear front-runner. Upcoming there will be musical numbers from nine new and revival musicals, " Bandstand ", " Come From Away ", " Dear Evan Hansen ", "Falsettos", " Groundhog Day The Musical", " Hello, Dolly! ".
  • Blaney wins 1st career NASCAR Cup race at Pocono Raceway

    Blaney wins 1st career NASCAR Cup race at Pocono Raceway

    Economy

    You can get live scoring and updates all weekend at NASCAR's Race Center and live streaming is available at FOX Sports GO . "I know my family is going to be hard on me after this, not to be so hard on myself, but I'm competitive and I want to win races and I want to lead laps", Wallace said.
  • Kevin Spacey to lead Tonys Awards with gentle humor

    Economy

    Nominated acts in this year's ceremony include Patti LuPone , Bette Midler , Danny DeVito, Nathan Lane, Josh Groban , Sally Field , Cate Blanchett and Ben Platt . theatre. One of the evening's biggest surprises was the win by Rebecca Taichman for her direction of Paula Vogel's drama " Indecent ". " Oslo " playwright Rogers, making his Broadway debut, thanked "The ladies and gentlemen who believed in democracy, who believed in peace, who believed in seeing their enemies as humans, ...