Eaton Announces It will Spin-Off Its Lighting Division

Dear valued customer or channel partner, I am writing to let you know that today we announced Eaton’s intent to pursue a spin-off of our Lighting business, creating an independent, publicly traded company. We expect this transaction to be completed

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GE Reignites Break-Up Talk After $11 Billion Insurance, Tax Hit

General Electric Co indicated it is looking closely at breaking itself up on Tuesday as the conglomerate announced more than $11 billion in charges from its long-term care insurance portfolio and new U.S. tax laws. Chief Executive John Flannery has

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