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Comcast says it's buying General Electric's 49 percent stake in NBCUniversal joint venture for $16.7 billion.

General Electric Co reported second-quarter profit slightly above expectations on Friday, offsetting weaker-than-forecast revenue growth, and said it was finding ways to grow despite a hazy economic outlook.

General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.

General Electric says it's going to build the nation's largest solar panel factory, part of a $600 million dollar bet on the future of solar power in the United States.

This was on Foxnews.com. It gets really funny towards to middle/end. I snagged it before they took it down. This is what happens when you try to be partisan...you start mixing up your lies.

GE agreed to pay $23.5 million to settle SEC charges alleging the conglomerate was involved in a $3.6 million kickback scheme with Iraqi government agencies.

General Electric Co called the end to its two-year slump on Friday, reporting earnings that beat Wall Street forecasts and saying profit should rise through the rest of 2010.

General Electric Co expects GE Capital to be profitable this year, though if the U.S. economy deteriorates more than the Federal Reserve currently estimates, the finance unit could post break-even results, company executives said on Thursday.