General Electric Co. plans to exit the bulk of its lending business, including a $26.5 billion sale of most of its real estate, as Chief Executive Officer Jeffrey Immelt refocuses the company on its industrial roots.
Get ready for a new economic order. In the world 15 years from now, the U.S. will be far less dominant, several emerging markets will catapult into prominence, and some of the largest European economies will be slipping behind.
The U.S. Department of Energy and Jamaica’s Ministry of Science,
Technology, Energy, and Mining signed a statement of intent in Jamaica
today to advance their shared interest in sustainable energy. Areas of
potential cooperation between the two countries include energy
conservation and efficiency, energy infrastructure, micro grids and
energy storage, fuel diversification, and energy policy.
As relations between the United States and Cuba move toward
normalization, a Cuban government-run medical school that offers free
full scholarships to students from poor communities worldwide could see a
jump in enrollment from the United States.