Trial date set in airline-merger case
More legal maneuvering in BP oil spill
Apple taking trade-ins on old phones
GE planning an IPO for its consumer lending division?
A published report says General Electric plans to spin off the consumer lending business of its finance arm with an initial public offering of stock that could come early next year. The Wall Street Journal also says the Fairfield, Conn., conglomerate is considering smaller spinoffs or asset sales, but it has started preliminary work on the IPO. The paper cites unnamed sources it says are familiar with the matter. The consumer finance business provides store credit cards for retailers like Wal-Mart Stores Inc.
Consumer confidence slips