Johnson Controls selling power solutions unit for $13.2B

FAN Editor

Johnson Controls International PLC is selling its power solutions division to Brookfield Business Partners LP for $13.2 billion. The power solutions business, which makes and distributes advanced battery technologies for various vehicles, posted $8 billion in revenue in fiscal 2018. Continue Reading Below Johnson Controls CEO George Oliver said Tuesday […]

Homeowners are spending, Home Depot is winning

FAN Editor

article Home Depot breezed past all expectations in the third quarter and raised its annual profit expectations again as Americans plow money into their homes, even with hints that the housing market is cooling. Continue Reading Below Comparable-store sales, a key indicator of a retailer’s health, rose 4.8 percent, but […]