Morning Scan: GE Out of Banking; Rand Paul Takes Bitcoin, Natch

Receiving Wide Coverage ...

A Farewell to Banking: For General Electric, the banking business has lost its allure. The company plans to sell or spin off the bulk of its finance unit, GE Capital, over the next two years, returning to a focus on its industrial manufacturing business. Although the $500 billion-asset GE Capital brought in roughly half its parent company's earnings, it also came with a slew of regulations and risks that apparently weren't worth...