KQED Nightly Business Report June 13, 2017
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 the dow the change at the top of General Electric comes after 16 years. Over that time, there have be...
Source: archive.org