Jun.12 -- In today's "Single Best Chart," Bloomberg's Tom Keene displays the performance of General Electric Co. shares going back to 1993 as Chief Executive Officer Jeffrey Immelt steps down and is replaced by John Flannery. He speaks with Bloomberg Intelligence's Karen Ubelhart on "Bloomberg Surveillance."
Apple Inc (AAPL.O) and computing giant Dell Inc will join a Foxconn-led consortium bidding for Toshiba Corp's highly prized chip unit, the CEO of the world's largest contract electronics manufacturer told Reuters on Monday. Terry Gou, Foxconn's founder and chief executive, said U.S.-based Kingston Technology Co, a maker of memory products, would also be part of the bidding group, while Amazon.com Inc (AMZN.O) was close to joining. The Taiwanese firm is also in discussions with Alphabet Inc's Google (GOOGL.O), Microsoft Corp (MSFT.O) and Cisco Systems Inc (CSCO.O) about their participation in the bid, he said.
The Air Force is trusting the billionaire to launch its secret space plane this summer, and the stakes are high.
Former U.K. Trade Minister Lord Francis Maude weighs in on how long Prime Minister Theresa May can last following last week's election result.
Richard Hodges, head of unconstrained fixed income at Nomura Asset Management, says that French President Emmanuel Macron has "exceeded everyone's expectations."
The Uber Technologies Inc [UBER.UL] board of directors voted unanimously to adopt all recommendations from a report stemming from allegations of sexual harassment at the company and other employee concerns, a board representative said on Sunday. The board, at a meeting on Sunday, adopted a series of recommendations from former U.S Attorney General Eric Holder following a sprawling, multi-month investigation into Uber's cultures and practices.
