WASHINGTON (AP) — Philip Johnson was dying of pancreatic cancer when he brought his former wife, Thanh Tran, to the basement of his home in Venice, California. Under a tarp that was weighted down with bricks was a violin case with a combination lock.
General Electric is selling its health care lending unit and related loans to Capital One for roughly $9 billion as it shrinks its GE Capital finance business.
GE announced in April that it would sell most of the assets in the GE Capital subsidiary as it focuses on industrial businesses — making large, complicated equipment for other companies.