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GE confirms plans to exit appliance business (Reuters)




Jeffrey R. Immelt, chairman and chief executive of General Electric leads a discussion with business leaders at an Ecomagination news conference at Universal Studios in Los Angeles, California May 24, 2007. (Fred Prouser/Reuters)Reuters - General Electric Co confirmed on Friday it may sell or spin off its century-old appliances unit, saying the business was too focused on the United States.





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