GE reports 2Q profit up 9.6 percent (AP)

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. General Electric Co.  (Fred Prouser/Reuters)AP - General Electric Co. is getting out of the subprime mortgage business, the latest company to distance itself from an industry that seems to grow messier by the week.


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