GE Plans $5 Billion Debt Buyback to Help Tame Balance Sheet

General Electric Co. plans to buy back as much as $5 billion of bonds as the manufacturer seeks to cut its debt load as part of its turnaround.  The company said that it would repurchase up to $2.5 billion of dollar debt and the equivalent of $2.5 billion (2.28 billion euros) of euro-denominated notes.