| | | GE to shrink, investors worry it will be less profitable | | | (Reuters) - General Electric Co will radically shrink to focus on aviation, power and healthcare, betting on sectors where it thinks it can make a profit, as the largest U.S. industrial group tries to end more than 15 years of share price stagnation. |
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| | | AT&T, Verizon strike tower agreement in effort to diversify vendors | | | NEW YORK (Reuters) - AT&T Inc and Verizon Communications Inc said on Monday they have agreed to lease hundreds of new cell towers from owner and operator Tillman Infrastructure, a move they hope will give them more leverage in negotiations with major U.S. tower vendors. |
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| | | U.S. tax policy doubt stunts stocks, sterling falls | | | NEW YORK (Reuters) - World stock markets were down on Monday amid uncertainty over the fate of U.S. tax reform efforts, while Britain's pound fell on growing concerns about the future of Prime Minister Theresa May. |
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| | | Pfizer creates chief operating officer role for Bourla | | | NEW YORK (Reuters) - Drugmaker Pfizer Inc has promoted Albert Bourla to the newly created post of chief operating officer, freeing up Chief Executive Officer Ian Read to focus more on long-term strategy and engaging with government and industry leaders. |
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