Tuesday, August 15, 2006

WALL STREET JOURNAL - Latest News - GE Enters Retail-Gas Business



GE agreed to pay Kinder Morgan $710 million for a regulated natural-gas utility that serves Colorado, Nebraska and Wyoming.

Shaquille O'Neal Sets China Deal
NBA star Shaquille O'Neal announced a deal to endorse a signature line of shoes specifically for the mainland Chinese market.

PepsiCo Names Nooyi as New CEO
PepsiCo named finance chief Indra Nooyi its new CEO. The move makes Pepsi the largest company in terms of market cap to be led by a woman. (Conference call transcript)

Citigroup's Bank Branches Out
Citigroup plans to open about 19 more bank branches in New Jersey by the end of the year, as it expands its U.S. retail network.

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