Jeff Imelt News Today

Changing of the guard at General Electric. Chief executive jeff imelt will end his tenure this summer after nearly 17 years. There is a shift in the companys focus but was under pressure to increase the price of the stock which is widely owned by longtime investors and mutual funds. Taking over the top job is John Flannery who heads up ges health care division. Investors like the news sending shares up 3. 5 . Morgan brennan has more on the future of ge, a company that was an original member of t...

In our neck of the woods i can see new york city, new york, the focus of all this attention for the big primary on the 19th where you have candidates going back and forth at each other. The weekly standard, mike warren will let me ask you about the republican race and how ted cruz might be regretting those ne york values comments he raised on the foxbusiness network, coming back to hunt him now. Do you think it will reaeally hunt him in less than two weeks. He will be hearing a lot about it from...

Euro strengthening after reaching a low around midnight. Stock futures edging higher despite mixed Economic Data in the u. S. The Federal Reserves seal of approval banks struggle to pass the stress test shares of citi and Morgan Stanley rise. Bank of america and others lose ground. The first cut is the deepest, box and shake shack releasing first Quarterly Results since ipos and the reaction on the stock is not pretty. Stock futures higher despite a surprise drop in retail sales down. 6 in febru...

Go on to a second look at firstquarter gdp later in the week which may decline. Thats a rear view of the First Quarter but radioshack is the only company of note reporting. Their store were i live is gone. Its a train wreck. Lets do a data check. Equities are better than good. A record high in the s p 500 and we advance further. The euro is off the key elections. Vxx shows the good news in a quite markets. Goal begins a decline, still and arrange but nevertheless 1284. But weaker yuan and the in...

Deliver theama will commencement address at west point 11 00 today. We may get some indications about Foreign Policy. He was speaking about the military pullout of afghanistan. Ian bremer will join us as well. Lets do a data check. It just goes higher. The 10 year yield is 2. 49, a euro, hydrocarbons are elevated as well and the vxx is the complacency, gold has gone south. We spent some time looking at gold yesterday. Critical support is 1219 per ounce. Is a big theme for us today this is the vx...

Campaign for tax reform this week with a stop in missouri. the promise of tax cuts fueling the markets rally since the election. also a speech from fed chief janet yellen also boosting stocks. she says the u.s. financial system is safer today than it was during the financial crisis. uber finally has a new ceo. expedia head dara khorowshahi, according to a source close to the company. uber hasnt had a ceo since june. founder travis kalanick resigning after a series of scandals at the company. b...

another recession. and adds new urgency to the political debate here in washington over new jobs initiatives. the dow jones industrial average was down just short of 420 points or 3.7%. the nasdaq down 5.2%. the s & p 500 down 4.5%. it is what drove the markets down that is again stoking recession fears. overseas more jitters as europe struggles to contain its debt crisis. here at home, data some see as evidence of a new downturn. weekly unemployment claims rose much more than expected...

Going to be raising a lot of money in miami, florida, another key state. the political tour with kristen welker, thank you so much. and joining us now u.s. economic senator of "the economist" magazine. greg, thanks again. >> sure. >> lets sort through what they can do. theyre talking about a jobs council weve seen op-ed from jeff imelt our former boss and leader of the jobs council. what can a jobs council do facing all these head winds on unemployment? >> really not very much. i think the tough...