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GE confirms plans to exit appliance business
General Electric Co. said Friday that it plans to sell or spin off its iconic appliance business, which has provided refrigerators, air conditioners and ovens for millions of U.S. homes. The industrial conglomerate said in a statement the move is part of an ongoing plan to exit "slower growth and more volatile businesses."Full Story
Blockbuster swings to 1st-quarter profit on domestic sales growth, subscriptions serv
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