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KQED Nightly Business Report April 11, 2015

Last night we told you the widely held dow component was close to a deal to sell its real estate portfolio. What we didnt know is that that was just the beginning. The company is planning to essentially shed its entire finance unit. The first move is a 26. 5 billion sale of most of its real estate and mortgage portfolio to blackstone and wells fargo. But ge is not stopping there. The company will dramatically slim down ge capital over the next few years and buy back 50 billion worth of stock. That buyback ties apple for the biggest single buyback ever. Wall street loved the moves and sent shares higher by about 11 on the day. Mary thompson has our look at the deal and the new ge. Reporter in its most aggressive move in 14 years of ceo, jeff plans to slash the ge finance unit. Once a strength for ge seen as a drag now. We felt from an investors standpoint this was the right time. Reporter right time because low rates mean yield hungry buyers pay for these assets and selling them mean ge ....

United States , San Diego , District Of Columbia , Hotel Del Coronado , South Carolina , Saratoga Springs , South Africa , Nelson Mandela , Mary Thompson , Raul Castro , Stacey Knapp , Hillary Clinton , Real Estate , Company Planning , Ge Capital , Regulatory Regime , Company Providing , Company Premium , Industrial Company , Company Small , Financial Service , Financial Service Business , Service Business , Industrial Assets , Core Industrial , Aviation Health ,

KQED Nightly Business Report April 11, 2015

Last night we told you the widely held dow component was close to a deal to sell its real estate portfolio. What we didnt know is that that was just the beginning. The company is planning to essentially shed its entire finance unit. The first move is a 26. 5 billion sale of most of its real estate and mortgage portfolio to blackstone and wells fargo. But ge is not stopping there. The company will dramatically slim down ge capital over the next few years and buy back 50 billion worth of stock. That buyback ties apple for the biggest single buyback ever. Wall street loved the moves and sent shares higher by about 11 on the day. Mary thompson has our look at the deal and the new ge. Reporter in its most aggressive move in 14 years of ceo, jeff plans to slash the ge finance unit. Once a strength for ge seen as a drag now. We felt from an investors standpoint this was the right time. Reporter right time because low rates mean yield hungry buyers pay for these assets and selling them mean ge ....

United States , San Diego , District Of Columbia , Hotel Del Coronado , South Carolina , Saratoga Springs , South Africa , Nelson Mandela , Mary Thompson , Raul Castro , Stacey Knapp , Hillary Clinton , Real Estate , Company Planning , Ge Capital , Regulatory Regime , Company Providing , Company Premium , Industrial Company , Company Small , Financial Service , Financial Service Business , Service Business , Industrial Assets , Core Industrial , Aviation Health ,

CSPAN2 Key Capitol Hill Hearings November 13, 2013

The presiding officer the senator from ohio. Mr. Brown thank you, mr. President. I ask unanimous consent to dispense with the quorum call. The presiding officer without objection. Mr. Brown and ask for unanimous consent also to speak for up to ten minutes as if in in morning business. The presiding officer without objection. Mr. Brown thank you. Earlier this afternoon, mr. President , i appeared with senator blunt, my republican friend from missouri, in front of senator rockefellers Commerce Committee to talk about our Bipartisan Legislation with manufacturing hubs that would promote new technologies to make our country a leader. Let me illustrate by this, mr. President. Along the ohio turnpike from toledo to lorain to cleveland to sort of akron to youngstown, much of the Auto Industry grew up along that turnp ....

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KRON KRON 4 Early News October 28, 2013

Happening right now the wins will erica was talking about has been causing the damage. Kron4s will tran is live. Will i can tell you its getting a little bit breezy so we might see the start all over again. We definitely saw last night around a 45 when you can see here in the barricades plane on its side. Heres video. This happened on sunday night. Unfortunately, no one was shopping rightat this time but according to some construction workers they believe wins and 60 mi. Per hour came out of nowhere topple the barricades. The very kids ran place just to cover up the store under construction. A for ever 21. He did not enter any of the workers because they were not here at the time and now shoppers. Some cars suffered some minor scratches on this side are a few little cracks on doors but not too bad. In fact, he said one car was able to drive away from the scene. If we can come back out live now. I want to show you the barricades. You can see it here and in some of the barricade to remai ....

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CSPAN2 Key Capitol Hill Hearings May 30, 2014

What was the reaction . He spoke for himself today. Do you have a job lined up . I have nothing to announce today. Does the white house have a copy of the book and are they caught offguard by the secretarys book last year . I dont have one. I look forward to reading it. Press secretary jay carney getting one of his remaining press conferences as president obama came to the Briefing Room at the top announcing the nine is leaving in may to june. His replacement will be Deputy Press Secretary josh earnest. We have seen him handle briefings on a number of occasions. Of course the other big story today is the resignation of the secretary eric shineski. He is stepping down after a meeting at the white house. We will have the president s news briefing in announcement later tonight at eight eastern on cspan. Weve also take your reaction, calls and emails afterwards starting at ....

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