Money

This story has mostly positive ratings. 21 votes / No sinks

GE confirms plans to exit appliance business

Money – General Electric Co. said Friday that it plans to sell or spin off its iconic appliance business, which has provided refrigerators, air conditioners and ovens for millions of U.S. homes. GE's 101-year-old appliance business has been hit hard by the housing slump and economic slowdown in the U.S.

Tags: GE, General Electric, Appliance, Business, Money

Report

Filter Comments ›
No Comments – Be the First to Comment!  RSS Feed for comments

Add Comment

Add Comment

You must log in first to post a comment. Secure Signin

Not a member? Sign-up today!


Who voted on this story?

Who sunk this story?

Channels
AnchorsArt & DesignAutos
BooksCareers & JobsCelebrities
Do No EvilDo-It-YourselfFamily
FoodGadgets & TechGay & Lesbian
Health & FitnessHumorLove & Personals
MenMoneyMovies
MusicNewsPets
PoliticsPopular VideosReal Estate
ReligionScienceShopping
SportsTelevisionTravel
VideoVideo GamesWomen

More on Money

Visit AOL Money for the latest market news, stock quotes, the web's best online portfolio manager and help with every aspect of personal finance.