Industrial conglomerates

In this Oct. 8, 2019, photo, Associated Press journalists visit the Sustainability Pavilion at the under construction site of the Expo 2020 in Dubai, United Arab Emirates. Its Sustainability Pavilion, which recalls the towers of New York’s 1964 world’s fair, will be covered in solar panels and surrounded by similarly paneled “energy trees” to make it a zero-energy structure. (AP Photo/Kamran Jebreili)
October 17, 2019 - 6:24 am
DUBAI, United Arab Emirates (AP) — It rises out of what were once rolling sand dunes stretching toward the horizon, a feverish construction site by tempo and temperature that has tens of thousands of workers building what looks like a new city in the desert of Dubai. This is the site of Expo 2020,...
Read More
Trader Michael Capolino works on the floor of the New York Stock Exchange, Thursday, Aug. 15, 2019. Stocks are rising on Wall Street early Thursday on indications American consumers continue to spend and embrace online shopping. (AP Photo/Richard Drew)
August 15, 2019 - 5:01 pm
Investors rode out another turbulent day on Wall Street Thursday that kept stock indexes flipping between gains and losses until a late-day bounce gave the market a modest gain. Worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at...
Read More
German Economy Minister Peter Altmaier presents the "National Industry Strategy 2030," measures to secure the economic and technological leadership of Germany and the European Union in Berlin, Germany, Tuesday, Feb.5, 2019. (Bernd von Jutrczenka/dpa via AP)
February 05, 2019 - 8:54 am
BERLIN (AP) — A top German official on Tuesday floated the possibility of the government temporarily taking stakes in technology companies to head off foreign takeovers as he proposed a "national industry strategy." In a proposal aimed at keeping Germany competitive in a fast-changing business...
Read More
FILE- In this Dec. 27, 2018, file photo trader Michael Urkonis works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Jan. 31. (AP Photo/Richard Drew, File)
January 31, 2019 - 5:01 pm
Wall Street got its mojo back in January after finishing 2018 with its worst December since 1931. Stocks finished higher Thursday, closing out the month with the best gain for the S&P 500 index since October 2015. A series of strong corporate earnings helped power the monthlong rally, which...
Read More
FILE- In this Jan. 16, 2018, file photo the General Electric logo is displayed at the top of their Global Operations Center in the Banks development of downtown Cincinnati. General Electric Co. reports financial results Thursday, Jan. 31, 2019. (AP Photo/John Minchillo, File)
January 31, 2019 - 9:56 am
BOSTON (AP) — After years of belt-tightening and spinoffs that ate into both revenue and profit, General Electric Co. reported fourth-quarter net income of $761 million, sending shares up 10 percent in at the opening bell. The company also announced a $1.5 billion settlement Thursday with the...
Read More
November 29, 2018 - 7:35 pm
RALEIGH, N.C. (AP) — Industrial conglomerate Honeywell International Inc. is expected to announce that it is moving its headquarters from New Jersey to Charlotte, North Carolina. An economic development official familiar with discussions between state officials and the company told The Associated...
Read More
FILE - This Dec. 6, 2016, file photo shows the United Technologies Electronic Controls factory in Huntington, Ind. United Technologies is planning to break itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company has scheduled a call with investors for Tuesday, Nov. 27, 2018, that it says is to announce its intention to separate into three companies. (AP Photo/Michael Conroy, File)
November 26, 2018 - 8:00 pm
NEW YORK (AP) — United Technologies is breaking itself into three independent companies now that it has sealed its $23 billion acquisition of aviation electronics maker Rockwell Collins. The company's announcement Monday was the latest by a sprawling industrial conglomerate deciding it will be more...
Read More
Security personnel guard Saudi Arabia's consulate in Istanbul, Monday, Oct. 22, 2018. Saudi Crown Prince Mohammed bin Salman called the son of Jamal Khashoggi, the kingdom announced early Monday, to express condolences for the death of the journalist killed at the Saudi Consulate in Istanbul by officials that allegedly included a member of the royal's entourage. (AP Photo/Lefteris Pitarakis)
October 22, 2018 - 12:40 pm
ISTANBUL (AP) — The latest on the fallout from the killing of Saudi journalist Jamal Khashoggi at the kingdom's consulate in Istanbul (all times local): 7:40 p.m. French Foreign Minister Jean-Yves Le Drian has asked that Saudi Arabia provide a complete account of journalist Jamal Khashoggi's death...
Read More
FILE - In this June 26, 2018, file photo, General Electric Chairman & CEO John Flannery is interviewed on the floor of the New York Stock Exchange. Flannery out as chairman and CEO at General Electric after less than two years, Lawrence Culp Jr. takes over. After less than two years and a precipitous decline in the share price at General Electric, Flannery is being ousted as chairman and CEO. (AP Photo/Richard Drew, File)
October 01, 2018 - 5:43 pm
BOSTON (AP) — General Electric ousted its CEO, took a $23 billion charge and said it would fall short of profit forecasts this year, further signs that the century-old industrial conglomerate is struggling to turn around its vastly shrunken business. H. Lawrence Culp Jr. will take over immediately...
Read More
FILE- In this Oct. 24, 2017, file photo, people pass the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 20, 2018. (AP Photo/Richard Drew, File)
July 20, 2018 - 3:27 pm
NEW YORK (AP) — U.S. stocks are little changed Friday as traders shrug off the latest trade threats from President Donald Trump and focus on company earnings reports, which contained some better-than-expected results from big names including Microsoft. Bond yields are rising and the dollar is...
Read More

Pages