GE Strengthens Alstom Bid Promising 1,000 New Jobs

May 28 (Bloomberg) -- Bloomberg’s Caroline Connan reports that General Electric Chief Executive Officer Jeffrey Immelt strengthened the company’s offer for Alstom, promising that 1,000 French jobs will be created in the deal. She speaks on Bloomberg Television’s “The Pulse.”

How Long Will Oil Stay Above $50 a Barrel?
53:43 - For the oil industry, $50 a barrel is a nice start. The big question is what comes next. Crude prices in New York and London briefly breached that long-anticipated barrier Thursday, helped by supply disruptions from Canada to Nigeria and a decline in U.S. production. But it will likely take a rise to at least the mid-$50s -- and signs the rally has staying power -- before oil explorers start feeling secure again, analysts said Thursday. Beaufort Securities Chief Investment Strategist Michael Franklin discusses with Bloomberg's Anna Edwards on "Countdown."
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