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What's In The News: March 16th, 2011

Financial News Network
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March 17, 2011 AT 8:30 AM
This is what's in the news for Wednesday, March 16th. Bloomberg reports that General Electric's (GE) goal of broadening its $1B nuclear service-and-parts business with sales of new reactors risks stalling as world leaders reconsider the future of atomic energy.... Bloomberg reports that Toyota Motor gained the most in more than two years in Tokyo trading as carmakers and suppliers began to reopen factories closed after the nation's strongest earthquake on record, ...the Wall Street Journal reports that Netflix (NFLX) is in advanced talks to distribute a forthcoming TV series. If such a deal were to come to fruition it would add a new competitor to the TV industry by increasing the degree to which Netflix vies with premium-cable TV channels like Time Warner's (TWX) HBO, ...Reuters reports that KKR said it's increasing the sources of capital it taps as it gears up to raise its next buyout fund.