Business

“[Immelt] came in, in an aura of a coronation. This big thing, he’s succeeding Jack Welch,” Langone said on “Squawk Box,” though he admitted he had voted for Immelt to succeed Welch. “On paper, [Immelt] looked fabulous. He really did and you can’t take that away from him. Look at …

Andrew Matthews | PA Images via Getty Images Sale signs outside a Toys R Us store in Basingstoke, Hampshire, as the company has put forward plans to close at least 26 U.K. stores, putting up to 800 jobs at risk. Toys R Us has just gone into administration in the …

Ed Jones | AFP | Getty Images This photo taken on November 15, 2016 shows a general view of the northern Seoul city skyline and Han river, as seen from the landmark 63 tower. South Korea said on Wednesday that it is signing trade agreements with five Central American nations …

Leah Millis | Reuters President Donald Trump speaks about the mass shooting at a Florida high school in a national address from the White House in Washington, U.S., February 15, 2018. President Donald Trump announced Tuesday that he has recommended that “bump stocks,” or devices used to make semi-automatic weapons …

Gary Miller | Getty Images Slash performs in concert with Slash and the Conspirators at the American Airlines Center on August 22, 2014 in Dallas, Texas. Iconic guitar brand Gibson could be on the brink of bankruptcy, according to a report. The company, whose Les Paul and SG instruments have …

David Paul Morris | Bloomberg | Getty Images The Gibson Brands Inc. G Force Automatic Tuning System is seen on a Gibson Les Paul guitar at the 2017 Consumer Electronics Show (CES) in Las Vegas. Struggling Gibson speaks out about its finances Amid reports that the company is “running out …

Thom Baur | Reuters A SpaceX Falcon Heavy rocket lifts off from historic launch pad 39-A at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018. SpaceX is even further out in front of the rest of the space industry than previously thought, according to CEO Elon …

Stephen Chernin | Getty Images News | Getty Images Traffic flows down Broadway past the Nasdaq market site in Times Square October 17, 2002 in New York City. Nasdaq CEO Adena Friedman said Monday that there is a case for companies on course to deliver a significant amount of liquidity …

Eric McCandless | ABC | Getty Images The Sleeping Beauty Castle at the Disney California Adventure Park on January 12, 2016. Walt Disney said on Sunday it was changing the admission price for its U.S. theme parks, raising the cost of some single-day tickets by almost 9 percent. Disney, which …

Dhiraj Singh | Bloomberg | Getty Images Shipping containers and gantry cranes stand at a container transhipment terminal operated by DP World in Cochin, India. The port operator recently signed a $3 billion joint venture with the National Indian Infrastructure Fund to improve logistics in various areas. According to the …