General Electric Sells GE Capital s Last Big Business To Wells Fargo #finance #resume


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Last big chunk of GE Capital sold to Wells Fargo

Six months after General Electric announced it would sell off most of its financial arm GE Capital. that divesting process is nearly complete.

GE GE announced Tuesday it would sell a large portion of GE Capital—its commercial lending and leasing businesses with roughly $32 billion in assets—to Wells Fargo WFC . representing the industrial conglomerate s largest divestiture to date.

The deal also brings the tally of GE s selloffs to $126 billion in assets, or nearly two-thirds of the $200 billion it plans to exit overall. It also rids GE Capital of nearly all that remains of its U.S. business, leaving only a $5.5 billion unit that lends to franchises. Besides that, the rest of the assets GE plans to dispose of are outside the U.S.

Wells Fargo s interest in GE Capital comes as no surprise. The bank expressed interest in acquiring the businesses almost as soon as GE announced it would sell them, according to reports. The Wall Street Journal has more of the backstory on the negotiations, and why Wells Fargo left the last pieces of GE Capital behind:

Wells Fargo initially wanted to buy the full business from GE and asked GE to take it off the market, some of these people said. But GE decided not to do that after realizing the appetite from other possible buyers and the monetary advantages it would have if it sold it off in chunks, these people said.

General Electric s stock price rose minimally in morning trading, while shares of Wells Fargo declined slightly.

Six months after General Electric announced it would sell off most of its financial arm GE Capital. that divesting process is nearly complete.

GE GE announced Tuesday it would sell a large portion of GE Capital—its commercial lending and leasing businesses with roughly $32 billion in assets—to Wells Fargo WFC . representing the industrial conglomerate s largest divestiture to date.

The deal also brings the tally of GE s selloffs to $126 billion in assets, or nearly two-thirds of the $200 billion it plans to exit overall. It also rids GE Capital of nearly all that remains of its U.S. business, leaving only a $5.5 billion unit that lends to franchises. Besides that, the rest of the assets GE plans to dispose of are outside the U.S.

Wells Fargo s interest in GE Capital comes as no surprise. The bank expressed interest in acquiring the businesses almost as soon as GE announced it would sell them, according to reports. The Wall Street Journal has more of the backstory on the negotiations, and why Wells Fargo left the last pieces of GE Capital behind:

Wells Fargo initially wanted to buy the full business from GE and asked GE to take it off the market, some of these people said. But GE decided not to do that after realizing the appetite from other possible buyers and the monetary advantages it would have if it sold it off in chunks, these people said.

General Electric s stock price rose minimally in morning trading, while shares of Wells Fargo declined slightly.

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2016 Time Inc. All rights reserved.

Fortune.com is a part of the Time.com network of sites.

2016 Time Inc. All rights reserved.

Fortune.com is a part of the Time.com network of sites.

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Electric Car Insurance

What is electric car insurance?

If you’re looking to do your bit for the environment, you may be thinking about getting behind the wheel of a green car, such as an electric car. And these vehicles are likely to become more and more popular in the next few years as fuel prices continue to rocket.

In fact, electric and other vehicles running on alternatives to petrol and diesel are set to become the vehicles of the future given that oil-based fuels are only going to get more expensive due to diminishing supply.

That said, it’s not just the cost factor which has led to the increased demand for green or ‘eco’ cars”. We are also seeing a growing trend among environmentally-minded motorists who want to do more to protect the planet by moving away from fossil fuels and the associated carbon emissions.

If you do decide to go green with your set of wheels, motor insurance is still a legal requirement, just as it is with any other vehicle on the road. But if you’re looking to get a good deal on your electric car insurance you need look no further than MoneySuperMarket, as you can compare a wide range of quotes online in one place with just a few clicks of the mouse.

Searching for cheap electric car insurance quotes

When looking for cover for your electric car, you may feel a little in the dark at first, and want to know whether all insurers offer specialist electric car insurance, whether you have to pay a premium for this type of cover, and how policies differ from standard policies.

You’re also likely to want to find out whether leasing the battery will affect the cover required, and whether the recharging process has an impact in any way.

As the owner of an electric car, it’s important to understand that cover for vehicles such as yours is still in its infancy, and that policies are still evolving. At present, you may have to go to a specialist provider for your electric car insurance, but as this type of car becomes increasingly popular, this will lead to more mainstream providers offering cover.

Equally, there are plenty of deals on offer right now, and if you want to see what’s available, visit our comparison site to see what kind of quote you can get for your electric car.

You may have to go to a specialist provider for your electric car insurance

Get cheap electric car insurance

By choosing an electric car, you can cash in on some serious money-saving opportunities, as these vehicles are exempt from vehicle tax, as well as from the London congestion charge.

This means you can save on both petrol and tax costs – though you will still have to renew your vehicle tax as normal each year.

On top of these savings, you may also be able to benefit from cheaper car insurance. While the cost of cover is based on a range of factors about both the car and you the driver, some insurers will offer a discount to electric car drivers.

These discounts are up for grabs as electric cars tend to be smaller and less powerful – and therefore safer.

All of these features help to reduce the risk profile of green cars, meaning you should be able to get a cheaper quote on your electric car insurance. In fact, some insurers will offer discounts of up to 5% off typical premiums paid by electric car owners, as a reward for driving environmentally-friendly vehicles.

Further, some firms will also make charitable donations to green charities or offer to plant a number of trees in return for your purchasing a policy, the aim being to offset the pollution caused by your car.

That said, the policies, features, discounts and incentives offered will vary considerably from one insurer to the next, making it vital to research quotes from across the board so you can be sure of getting the right cover for your needs. The easiest way to compare a large number of quotes quickly and efficiently in one place is through a comparison site such as MoneySuperMarket.

Other considerations when buying electric car insurance

Leased batteries – if you lease the battery from the manufacturer, you must inform your insurer about this when searching for a quote. You should also carefully read through all the documents you received when you bought the vehicle to clarify the manufacturer’s stance on this – and to clarify your responsibilities as an electric car owner.

Power cables – given that electric cars are powered by a battery which will need to be recharged, there is a risk that a passer-by could trip over the cable and injure themselves – meaning a potential insurance claim. To be on the safe side, it’s worth speaking to your insurer about this to check that sufficient liability cover is provided to cover for this eventuality.

Shop around – when searching for electric car insurance quotes, as with buying any type of insurance, it’s vital to do your homework, comparing quotes from different providers. The simplest way to do this is by logging onto an online comparison site such as MoneySuperMarket where you can compare quotes in one place in a matter of minutes.

But don’t automatically assume the cheapest quote is the right one for you. Scour the T Cs to ensure your policy fits your particular needs. This will give you the peace of mind that you’ve picked the right electric car insurance policy.

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Licensed Los Angeles Electricians

Professional Local Honest Reliable Licensed Los Angeles Electricians where superb customer service, competitive prices and most importantly friendly services is our #1 Priority! We provide Residential, Commercial and Industrial electrical services all over the Los Angeles, Orange County and San Fernando Valley areas.

If you are looking for fast and reliable Electricians in Los Angeles, look no further. Our master electricians’ personal and professional growth and pride in themselves and in the company is imperative to success and is accomplished through an ethic of hard work, technical proficiency, and continuous improvement with the utmost quality. Our goal is to offer our expertise in all electrical services. Therefore, no job is too big or too small. We are committed to provide 100% customer satisfaction and dependability with up front, competitive and affordable prices allowing you to return and use our Los Angeles Electrician services again and again.Where ever the electrical job site may be, your home, office, building or warehouse your safety is our #1 concern, fixing your current electricity problem and detecting future electrical problems is our goal. B.K Electric Services has become a household name around the Los Angeles area. We have built many relationships with our residential customers, celebrities, public figures, small retailers and large department stores.

We work closely with DWP, Edison and the Department of Building and safety to ensure that your work is being done up to the city codes. From the estimate to pulling the permits we will handle everything for your electrical project from A-Z.

  • All our electricians are properly trained and up to date with electrical codes and procedures.
  • They carry fully equipped and stocked trucks.
  • Licensed Electrician present on every service site in
  • Los Angeles.
  • We do not use Sub-contractors.
  • Service calls are accepted 24/7
  • We offer a hassle free electric service with a fast turn around time.
  • We stand behind all our work, our loyalty is given to you the customer.
  • We will always do our best to assist you over the phone with any questions for free.
  • Speak to a live representative every time you call for your electrical needs

Choosing Electrician in Los Angeles

Los Angeles County has specific regulations which are unique to our county. Our company’s professional crews are trainined regulary to follow and adhere by the Los Angeles Building and Safety department as well as the municipalities sub ordinaces. When we meet with you for a free consultation, you can be asured we will provide you with expert opinion about the balanced solution you need with the correct path to execute it. We provide in home, no pressure free consulation for any size job.

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About Us

B.K. Electric Services is a professional Local Honest Reliable Licensed Los Angeles Electricians where superb customer service, competitive prices and most importantly friendly services is our #1 Priority! We provide Residential, Commercial and Industrial electrical services all over the Los Angeles, Orange County and San Fernando Valley areas. Call us today for a no obligation, no pressure, free estimate.

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    Common Treatments For Depression?

    Question: What are the most common treatments for depression?

    Answer: The three major kinds of treatments today for depression are, first of all, medications. Medications are very effective for treating depression.

    There’s a whole variety of different medicines and they have different kinds of side effects. And your doctor will know what kind of medication to prescribe based on the kinds of symptoms that you’re having. There are some antidepressants that cause people to sleep at night, and so if you’re having trouble sleeping then that would be the antidepressant your doctor might prescribe. Other people have trouble with their weight, or maybe they’re eating too much and they’re gaining too much weight — there are antidepressants that can help people actually lose weight. And so depending on your symptoms, your doctor will prescribe an antidepressant that is tuned to your system. Now the doctor may need to try a couple of different antidepressants before he comes on to the right one.

    Second is psychotherapy — psychotherapy or counseling where you can talk about your problems, talk about the stresses in your life to someone else and they listen to you, they try to understand what you’re going through, and they provide you with some tips and some advice on how to deal with whatever it is that you’re going through. So psychotherapy together with medications is effective about 80 to 90 percent of the time with depression.

    The last treatment is electric shock therapy. And many people are very negative about electric shock, but ECT, which is what we call electric shock therapy, is extremely effective especially for that 10 to 15 percent of people who don’t respond to medications or who can’t tolerate the side effects that medications have. And electric shock therapy today is much much different than it was, say 20 or 30 years ago. Many people think of Jack Nicholson on “One Flew Over the Cuckoo’s Nest,” when they think of electric shock therapy — the placing of the electrodes, and the whole body jumping up on the gurney, and that’s just not the case today. Today, people are usually anesthetized, so they’re completely out, they don’t know what’s going on, and only a part of the brain receives the electric shock. And there is a very quick recovery time, in fact a lot of times electric shock therapy is done as an outpatient — you receive the treatment, you go home the same day or after about an hour. So it’s actually a very safe procedure, has very few side effects, and is a very very effective treatment that can end depression very quickly, in fact more quickly than either medications or psychotherapy.


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    Licensed Los Angeles Electricians

    Professional Local Honest Reliable Licensed Los Angeles Electricians where superb customer service, competitive prices and most importantly friendly services is our #1 Priority! We provide Residential, Commercial and Industrial electrical services all over the Los Angeles, Orange County and San Fernando Valley areas.

    If you are looking for fast and reliable Electricians in Los Angeles, look no further. Our master electricians’ personal and professional growth and pride in themselves and in the company is imperative to success and is accomplished through an ethic of hard work, technical proficiency, and continuous improvement with the utmost quality. Our goal is to offer our expertise in all electrical services. Therefore, no job is too big or too small. We are committed to provide 100% customer satisfaction and dependability with up front, competitive and affordable prices allowing you to return and use our Los Angeles Electrician services again and again.Where ever the electrical job site may be, your home, office, building or warehouse your safety is our #1 concern, fixing your current electricity problem and detecting future electrical problems is our goal. B.K Electric Services has become a household name around the Los Angeles area. We have built many relationships with our residential customers, celebrities, public figures, small retailers and large department stores.

    We work closely with DWP, Edison and the Department of Building and safety to ensure that your work is being done up to the city codes. From the estimate to pulling the permits we will handle everything for your electrical project from A-Z.

    • All our electricians are properly trained and up to date with electrical codes and procedures.
    • They carry fully equipped and stocked trucks.
    • Licensed Electrician present on every service site in
    • Los Angeles.
    • We do not use Sub-contractors.
    • Service calls are accepted 24/7
    • We offer a hassle free electric service with a fast turn around time.
    • We stand behind all our work, our loyalty is given to you the customer.
    • We will always do our best to assist you over the phone with any questions for free.
    • Speak to a live representative every time you call for your electrical needs

    Choosing Electrician in Los Angeles

    Los Angeles County has specific regulations which are unique to our county. Our company’s professional crews are trainined regulary to follow and adhere by the Los Angeles Building and Safety department as well as the municipalities sub ordinaces. When we meet with you for a free consultation, you can be asured we will provide you with expert opinion about the balanced solution you need with the correct path to execute it. We provide in home, no pressure free consulation for any size job.

    Who is B.K ELECTRIC SERVICES?

    • No pressure, free in home consulation
    • Competitive pricing
    • Reliable local and professional team
    • Professional crews with expert opinion
    • A freindly family owned businessFree Estimates!
    • Licensed insured and bonded Electrician
    • Strong focus on customer satisfaction

    About Us

    B.K. Electric Services is a professional Local Honest Reliable Licensed Los Angeles Electricians where superb customer service, competitive prices and most importantly friendly services is our #1 Priority! We provide Residential, Commercial and Industrial electrical services all over the Los Angeles, Orange County and San Fernando Valley areas. Call us today for a no obligation, no pressure, free estimate.

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    Meet Model X

    Model X is the safest, quickest, and most capable sport utility vehicle in history. Designed as a family car without compromise, Model X comes standard with all-wheel drive, ample seating for up to seven adults, standard active safety features, and up to 295 miles of range on a single charge. And it’s the quickest SUV in production, capable of accelerating from zero to 60 miles per hour in 2.9 seconds.

    Seating and Storage

    Model X has the most storage room of any sport utility vehicle in its class, and seating for up to seven adults. Designed to maximize passenger comfort, the second and third row in the seven-seat option are capable of folding flat and flush, creating extra cargo space. Available in three custom seating configurations, Model X can be optimized to suit the specific needs of you and your family.

    Five Seat Interior

    Comfortably seat five adults in two rows. Second row seats can fold flat when not in use, creating extra interior cargo space.

    Six Seat Interior

    Passenger capacity and spaciousness are balanced by open access between the second and third row. Third row seats fold flat and flush when not in use creating extra cargo space.

    Seven Seat Interior

    Maximize passenger and cargo capacity with seating for seven adults. Second and third row seats can fold flat when not in use, creating extra interior cargo space.

    Fit Everything

    The Safest SUV Ever

    Model X is the safest SUV ever, with standard active safety features and hardware built to provide visibility that a driver cannot access alone. Eight surround cameras allow for 360-degree vision, while twelve ultrasonic sensors provide detection of surrounding objects. Forward-facing radar see through heavy rain, fog, dust, and beyond the vehicle ahead—helping to prevent accidents by providing simultaneous visibility in every direction. Model X is the first SUV ever to achieve a 5-star safety rating in every category and sub-category, the lowest probability of occupant injury, and a rollover risk half that of any SUV on the road.

    Front trunk acts as large, impact absorbing crumple zone Active safety sensors Medical grade HEPA filter removes pollen, bacteria, viruses and pollution from cabin air Floor mounted battery lowers the center of gravity which resists rollovers Battery support structure provides incredible side impact protection

    Active Safety

    Every Model X comes standard with the most advanced active safety features, including Automatic Emergency Braking, Side Collision Warning, Lane Departure Warning, Autopilot driver assistance capabilities and more. And Model X gets better over time with over-the-air software updates designed to optimize its advanced sensor technology.

    Clean-Air Cabin

    Medical-grade air quality is delivered through a HEPA filtration system, specifically designed to prevent viruses and bacteria from entering the cabin. There are three modes: circulate with outside air, re-circulate inside air, and a bioweapon defense mode – which creates positive pressure inside the cabin to protect occupants.

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    All Tesla vehicles produced in our factory have the hardware needed for full self-driving capability at a safety level substantially greater than that of a human driver.

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    All Tesla vehicles with Enhanced Autopilot and the latest software update now have improved capabilities, including; Autosteer up to 90 mph, Auto Lane Change, Summon (beta), Lane Departure Warning and Automatic Emergency Braking.

    Falcon Wing Doors

    Falcon Wing doors enhance accessibility to the second and third rows, and are capable of opening in even the tightest parking spaces. Each door is equipped with sensors to monitor the proximity of surroundings and smoothly open, up and out of the way – providing wide openings for parents to comfortably buckle children in, without straining or bumping their child’s head on the roof.

    Longest Range

    Capable of traveling up to 295 miles on a single charge, with unlimited access to Tesla’s global charging network, you can get anywhere in Model X.

    Panoramic Windshield

    Model X has the largest all glass panoramic windshield in production, providing an unparalleled view of the stars and sky above. Optimized solar tinting and an obstruction-free view creates unlimited visibility for the driver and up to six passengers.

    Charging Estimator

    The Future of Automotive Service is Here

    Specs

    Width 89.4″ With mirrors folded 81.5″ Clearance
    5.4″ – 8.3″ Track
    Front 65.4″
    Rear 66.9″ Length 198.3″ Wheelbase 116.7″ Charge port

    Technology

    • Regular over-the-air updates add safety and navigation features, enhance performance and improve the driver experience
    • Access to Tesla’s expanding Supercharger network
    • Maps and navigation with real time traffic information
    • GPS enabled Homelink

    Safety

    • Active safety technologies, including collision avoidance and automatic emergency braking
    • Electric All-Wheel Drive for maximum efficiency and traction
    • Three-position dynamic LED turning lights
    • LED fog lights
    • Power-folding, heated side mirrors
    • Up to four LATCH child seat attachments

    Convenience

    • Soft LED ambient interior lighting
    • Largest glass panoramic windshield in production, providing unparalleled views
    • 2” receiver for hitch-mounted bike and ski carriers, capable of towing 5,000 pounds on 20” wheels or 3,500 pounds on 22” wheels
    • Falcon Wing doors allow easy access to second and third row seats, even from tight parking spaces
    • Smart air suspension with GPS memory for automatically raising and lowering ride height
    • Automatic keyless entry
    • Power liftgate
    • Largest interior storage capacity of its class: 77 cubic feet in the six seat interior configuration
    • Front trunk with room for luggage, a golf bag, or two strollers

    Warranty

    • 8 year, infinite mile battery and drive unit warranty
    • 4 year, 50,000 mile limited warranty

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    Welcome to PMA Electric Inc.

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    Whatever your Electrical Needs are PMA Electric has got you covered. Our staff has over 50 years exerience in the Electrical Industry and we are State Certified Licensed and insured. PMA Electric has trained and certified Electricians ready to provide you with Professional Electrical Services.

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    If you have a FPE Panel check out this Video

    Insurance Companies are aware of the Dangers of these panels and you should be too!

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    Train Horns and Train Horn Kits are the loudest air horns you can buy; at least that we’ve ever encountered. Some people think it’s a rather odd feature to have excessively loud train horns mounted on your car or truck. However, like anything else in the custom auto accessories world, the name of the game is to do something different or unique. Train horns are definitely that. And loud. Your standard car or truck horn is only used when needed and possibly to quickly say “hello” to someone in passing. Our truck horns are a little different than that.

    Train horns for trucks aren’t the only drivers that can pull off the insanely loud truck horns. We’ve seen kits installed on everything from old school Volkswagens to Hummers. The train air horn was designed to be used on locomotives as a tool that indicates they are passing through areas in which pedestrians may be present. Trucks horns really have no reason to be as loud as a train air horn, but then again why people install air bags on their custom rides or stuff a V8 into a compact car? Because it’s fun!

    Car air horns should be for novelty use only and we never intend to hurt, scare or damage anyone’s ear drums compliments of the deafening rumble that emerges as the train horns let loose. We strongly advise all users, new and old, to use their car air horns with caution and be courteous of other drivers. Keep in mind, we sell the loudest train horns on the market and these car air horns will not only set off car alarms from blocks away, but could severely damage a person’s hearing. It goes without saying that all car airhorns should be used when not in close proximity to other vehicles or people.

    Since we specialize in all types of truck air horns, car air horns and we even offer a budget-inspired electric air horn – – it’s fair to say we are the leaders in custom train horns for your car. If you’re here by chance or came specifically to buy air horn kits, you’ve made a wise move. Our Locomotive air horn technicians have put together kits for everyone from those looking for earth shaking tones to those looking to just be heard a little more than your stock car horns. Nathan train horns are some of the best sellers we’ve got, but our train horn kits come in all shapes and sizes.

    A lot of your sound will depend on the size or the actual horn, but the majority of the sound and increased decibels come from the amount of air moving through each train horn. We have specifically pieced together the right sized air tanks, air lines, air compressors and horns to give you a pre-packaged car air horn kit that’s ready to blow right out of the box! Professional installation is recommended, but a little mechanical know-how can go a long way. The all-inclusive air horn kits are the way to go. Truck air horns to car air horns, we’ve got them all!

    Train Horns – Train Horn Kits For Trucks & Cars

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