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Home Depot executive defends Electrolux deal for GE in U.S. court

2015-12-03 00:21:30| Appliances - Topix.net

Dec 2 AB Electrolux's deal to buy General Electric Co's appliance business will tie together two companies facing stiff competition from Asian competitors and be good for consumers, Home Depot Inc executive Bob Baird testified in U.S. federal court on Wednesday. The Justice Department is asking a judge to stop Sweden's Electrolux, which makes Frigidaire, Kenmore and Tappan appliances, from buying GE's appliance business for $3.3 billion.

Tags: home us deal court

 

UnitedHealth CEO defends possible exit of Obamacare exchanges

2015-12-01 16:39:09| Beverages - Topix.net

CEO Stephen Hemsley said that the health insurer had kept costs down by selling plans with small doctor networks, and that it had priced them competitively. The company signed up members with better health than the overall exchange population, but it still lost money, he said.

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Obama Defends Presence at Climate Change Talks While Syria War Rages

2015-12-01 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

New York Times: President Obama said on Tuesday that the United States was obligated to undertake climate talks in the midst of a war in Syria because this one trend, climate change, affects all trends. Speaking at a news conference in Paris, where he was attending the climate talks, Mr. Obama said that much of the United States spending on the military and other matters would have to be devoted to dealing with rising sea levels and changing weather patterns if nothing was done to address those challenges. ...

Tags: change war presence talks

 

Mahou San Miguel defends India presence, targets US craft for international footprint growth

2015-11-30 13:47:00| Daily beverage news and comment - from just-drinks.com

The head of Mahou San Miguel's international operations has defended the company's decision to branch out into India, a market where the brewer is not able to sell its flagship San Miguel beer brand.

Tags: international san growth india

 

Toyota defends top automaker spot

2015-11-27 13:30:07| Automakers - Topix.net

Toyota outsold Volkswagen for the fourth straight month in October to remain the world's top-selling automaker after sales at the German company slumped following its diesel emissions scandal. Toyota's group vehicle sales totaled 8.35M from January to October, more than the 8.26M vehicles delivered by Volkswagen during the same period.

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