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Biden Administration Says Unemployment Is Low — But Do Americans See It That Way?
Saturday, September 7, 2024 - 12:45pm | 602In August, the Biden administration reported a drop in the unemployment rate to 4.2%, indicating that the labor market remains resilient despite weaker-than-expected employment growth. This has tempered expectations for a major Federal Reserve rate cut this month. However, rising public skepticism...
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Ex-GE CEO Immelt 'Unhappy' With Perception Of His Time At Helm
Monday, February 22, 2021 - 5:01pm | 389Former General Electric Company (NYSE: GE) CEO Jeff Immelt is author of a new book, "Hot Seat," in which he shares an inside look at his tenure at a former Dow Jones component that fell out of grace with investors. What Happened: Immelt told CNBC's Jim Faber in an interview that...
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10 Great Jack Welch Quotes On Leadership, Developing Talent And More
Monday, March 2, 2020 - 6:30pm | 465Jack Welch, who started out as an engineer at General Electric Company (NYSE: GE), and rose to be one of the most influential CEOs in modern business, has died. Welch was appointed GE chairman and CEO in 1981, the youngest leader in GE’s history, and retired in 2001. He died at 84 years old...
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Former General Electric CEO Jack Welch Dies At 84
Monday, March 2, 2020 - 9:58am | 443Jack Welch, the CEO who oversaw a 4,000% increase in General Electric Company's (NYSE: GE) valuation, has died at 84, according to CNBC. Welch got his start at the company as a chemical engineer in 1960. Within eight years, he rose to vice president and head of GE...
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Ken Langone's Inside Account Of General Electric's Blunders
Wednesday, February 28, 2018 - 4:23pm | 553Ken Langone, the co-founder of Invemed Associates and co-founder of Home Depot Inc (NYSE: HD), also served on General Electric Company (NYSE: GE)'s board of directors. He offered his story of how the conglomerate has become a "colossal failure in governance" on CNBC Wednesday....
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Is Jack Welch Himself To Blame For GE's Poor Performance Under Immelt?
Friday, June 16, 2017 - 3:05pm | 449General Electric Company (NYSE: GE)'s stock has lost 30 percent since Jeff Immelt assumed the title of CEO back in 2001. But is he to blame for the stock's poor performance? The New York Times has an interesting take on the topic: Immelt inherited a company from Jack Welch that wasn't built to...
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Jeff Immelt's Legacy, Or Lack Thereof
Monday, June 12, 2017 - 2:02pm | 392Jeff Immelt took over the top ranks at General Electric Company (NYSE: GE) back in 2001 and replaced one of the most notable executive leaders of all time, Jack Welch. On Monday, it was announced that Immelt will be resigning but will he be leaving with a legacy of success? Since taking over as CEO...
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This Is Jack Welch's No. 1 Frustration
Thursday, June 2, 2016 - 11:29am | 249Jack Welch, the famed former CEO of General Electric Company (NYSE: GE) was a guest on CNBC's "Squawk Box" to discuss his outlook for the global economy. Welch started the conversation by stating that his "number one frustration" stems from the lack of global economic...
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Jeffrey Immelt: GE's Competitive Advantage, Love Of The Company And Thousands Of Ideas
Monday, April 13, 2015 - 1:23pm | 382Jeffrey Immelt, just like his predecessor Jack Welch, has changed General Electric Company (NYSE: GE) significantly and put his stamp on the company. With GE deciding to sell off its financial services arm GE Capital, Immelt was on CNBC recently to talk about his satisfaction regarding what he...
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What CEOs Are Saying About Washington Politics
Saturday, December 6, 2014 - 1:37pm | 845Privately, CEOs are probably like most people, fed up with gridlock in Washington and feeling somewhat powerless to do anything about it. Based on the “polite declines” Benzinga received when reaching out to several corporate leaders for comment, however, many preferred to keep...
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Welch Predicts Low GDP For Q3 And Hurting Workforce
Friday, October 11, 2013 - 2:54pm | 480Jack Welch, Jack Welch Management Institute executive chairman and former chairman and CEO of General Electric (NYSE: GE) was Friday morning's guest host on CNBC's Squawk Box. Currently, he sees an uneven economy that's bogged down by government, and according to Welch, the Affordable Care Act...
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The Shutdown And Presidency Power With Jack Welch
Friday, October 11, 2013 - 2:39pm | 479Jack Welch, former Chairman and CEO of General Electric (NYSE: GE) and Jack Welch Management Institute Executive Chairman, appeared as a guest host on CNBC's Squawk Box Friday morning, where he expressed frustration with the craziness of the government shutdown and a dislike for the amount of...
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Jack Welch Talks Business: CEOs and Regulation Woes
Friday, October 11, 2013 - 12:57pm | 488Former Chairman and CEO of General Electric (NYSE: GE) and Jack Welch Management Institute Executive Chairman Jack Welch acted as a guest host on CNBC's Squawk Box Friday morning. While on the air, Welch had plenty to comment on in terms of the big news in business, including JP Morgan's (NYSE:...
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Former CEO Of General Electric Jack Welch Lets It All Out
Tuesday, June 11, 2013 - 11:55am | 534Jack Welch, former CEO of General Electric (NYSE: GE) and founder of the Jack Welch Management Institute, went on CNBC's Squawk Box Tuesday morning to seemingly give his opinion on everything in his scope. Welch started off by expressing that Edward Snowden, now famous for unveiling classified...
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Jack Welch Says Einhorn Should "Take a Hike"
Thursday, February 14, 2013 - 8:55am | 111Legendary former General Electric (NYSE: GE) Chairman Jack Welch dropped by CNBC's Squawk Box Thursday morning to gave some insightful responses to viewers. When asked what he'd tell Greenlight Capital's David Einhorn if he were Apple's (NASDAQ: AAPL) CEO, he said: "Exactly what he has been told...