The Traderszone Network

General Electric Co.

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Asked about investor concerns that capacity increases at U.S. airlines are starting to exceed growth in demand, Parker said, “the real question is, is this a one-time catch up for fuel prices being lower or is this airlines behaving like airlines used to and just increasing capacity because times are good. “I don’t know if we know the answer to that yet,” Parker said on the sidelines of an International Air Transport Association (IATA) global airlines conference in Miami. Industry consolidation has also reduced the forces that caused past capacity growth and price wars.

General Electric Co is nearing an agreement to sell its private equity lending unit to the Canada Pension Plan Investment Board, Canada’s biggest pension fund, according to a source familiar with the matter. GE and the CPPIB are aiming to sign the deal Monday, the Wall Street Journal first reported on Sunday, citing people familiar with the matter. Officials at GE and CPPIB did not immediately respond to requests for comment.

SunEdison Inc.

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On Saturday, convicted murderers David Sweat and Richard Matt escaped from the maximum security wing of the Clinton Correctional Facility in upstate New York near the Canadian border.

Escaping from a maximum security prison is not — we imagine anyway — a particularly easy task, but even as improbable jailbreaks go, this particular effort was quite remarkable. 

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Credit unions and banks are at once similar and different.

But you’ll be shocked to learn who’s winning the longer race.