© 2026
Donate
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Scam Advisory: We have been made aware that an online entity is posing as Joe Donahue to invite authors and other creatives onto our radio shows. The scammers then attempt to charge guests an appearance fee for exposure/publicity.
Please note: WAMC does not charge guests to appear on the station and any email about appearing on a WAMC program will come from a wamc.org email address.

GE Sells Appliance Unit To Chinese Company For $5.4 Billion

NPR
Published January 15, 2016 at 1:33 PM EST
The logo of U.S. giant General Electric is shown in Belfort on June 23, 2014. (Sebastien Bozon/AFP/Getty Images)
The logo of U.S. giant General Electric is shown in Belfort on June 23, 2014. (Sebastien Bozon/AFP/Getty Images)

The Chinese appliance maker Haier is paying a premium for General Electric’s appliance business, as GE announced today. The move marks Haier’s desire to expand its access to the U.S. market as the Chinese economy slows down.

Mike Regan, a columnist for Bloomberg Gadfly, joins Here & Now‘s Jeremy Hobson to discuss the $5.4 billion deal.

Guest

Copyright 2021 NPR. To see more, visit https://www.npr.org.