Free Financial Today

NEW YORK (Reuters) – General Electric Co and Vivendi SA have agreed in principle to a deal in which GE would buy the French company’s 20 percent stake in NBC Universal for $5.8 billion, a source familiar with the matter said on Monday, paving the way for Comcast Corp’s proposed joint venture with GE.

DUBAI (Reuters) – The Dubai government said on Monday it was not responsible for the debts of Dubai World, dealing a blow to creditors’ assumptions that the Arab emirate would guarantee the conglomerate’s liabilities.

NEW YORK (Reuters) – U.S. stocks rose on Monday, helping the Dow post its fifth straight monthly gain, on hopes that possible fallout from Dubai’s debt woes will be contained.

NEW YORK (Reuters) – The U.S. manufacturing sector is expected to have grown but at a slower pace in November in a still fragile recovery from the longest recession in decades, according to a Reuters’ poll of economists.

NEW YORK (Reuters) – Manufacturing in parts of the United States was picking up steam, data showed on Monday, but jobs were lagging the recovery and consumers remained cautious, economists said.