Diversified Business - Industry Center - Yahoo Finance
- GEThe Wall Street Journal•57 minutes ago
GE CEO Jeff Immelt said the conglomerate’s transformation over the past decade has enabled it to profit from increasingly important markets for its jet engines and power turbines.
- IEPReuters•3 hours ago
Samuel Merksamer, who represents billionaire Carl Icahn on several corporate boards, has exited the activist investor's firm and a source familiar with his plans said that he is exploring launching his own hedge fund. At the same time Vincent Intrieri, another long-time Icahn executive who also sits on boards on behalf of the activist investor, retired from the firm, the source said. Merksamer had since 2008 been a managing director at Icahn Capital, a unit of Icahn Enterprises LP, and served on the boards of more than a dozen companies on his behalf, according to biographies on corporate websites.