Exclusive: GE seeking to shed troubled insurance business - sources
General Electric Co is working with investment bankers to find ways to shed its insurance business, which has caused it to book hefty charges while sparking shareholder lawsuits and an investigation by U.S. regulators, people familiar with the matter said on Tuesday.
SINGAPORE: Shares in Noble Group surged 36 per cent on Friday (Jun 22) after the embattled commodities trader secured US$100 million in trade finance facilities from a group of investors, winning fresh support for a US$3.4 billion debt restructuring plan that is key to its survival.
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If you find yourself in San Francisco and craving a hamburger, you might want to keep an eye out for Creator on Folsom Street. The new joint, which is set to open to the public on June 27, offers burgers at $6, cooked from start to finish by a robot. The machine has been in the making for the past eight years; The Wall Street Journal explains that the contraption is 14 feet long, contains some 7,000 parts, costs under $1 million, and can prep 120 burgers per hour. It achieves this by dispensing a number of ingredients from tubes (including… This story continues at The Next Web