Jeffrey Immelt News
CEOs Say Trump Travel Ban Is Discriminatory, Vow to Support Affected Employees
President Donald Trump's executive order on immigration is not sitting well with many leaders in the business community. These titans of industry not only view the order as discriminatory, but also detrimental to economic and technological growth. TIM COOK , APPLE "Apple would not exist without
General Electric Unveils Massive Restructuring
GE will unload the bulk of its GE Capital business, valued at around $500 billion, over the next two years.
Billionaires' First Jobs: From Warren Buffett to Oprah Winfrey
Not all tycoons grow up with trust funds and silver spoons. Forbes' 33rd list of the 400 richest Americans includes self-made billionaires and a fair share of entrepreneurs who came from poor immigrant families. We thought the first jobs of these billionaires were noteworthy beginnings. Oprah
Ford Motor CEO Discusses Stepping Down
This is a special. when I'm down Cutler in New York it is official Ford's CEO Alan Mulally. Stepping down in two months on July 1 the current chief operating officer mark fields. In the driver's seat for the auto maker. Alan Mulally is widely seen as the savior bring the company back from near
The Big Number: Is a 20-Year Tenure Too Long?
Rumors are circulating that GE CEO Jeffrey Immelt plans to step down before expected.
Soda Drinkers Switching to Water
Morning Business Memo… The beverage industry may be applauding a New York court’s ruling that strikes down the nation’s first ban on big sugary drinks. But America’s love affair with soda appears to be over – even without the attempt by New York City Mayor...
President Obama Jobs Council Disbands
Dormant for more than a year, President Obama's Jobs Council today formally disbanded, as the White House signals a new phase in its engagement of business leaders on top economic and policy priorities. The nonpartisan advisory council of 25 private-sector business and labor leaders was first
Obama Sees 'No Evidence' National Security Imperiled in Petraeus Scandal
President Obama said today that he has seen "no evidence" that U.S. national security was jeopardized in the unfolding scandal between disgraced former CIA director David Petraeus and his biographer, Paula Broadwell. "I have no evidence at this point from what I've seen that classified information
At White House Grilling, Obama Will Have A Full Plate (The Note)
By MICHAEL FALCONE (@michaelpfalcone) and AMY WALTER (@amyewalter) NOTABLES: TODAY AT THE WHITE HOUSE: President Obama holds his first post-election news conference at 1:30 pm ET in the East Room of the White House. TUNE IN: ABC News will carry the president’s news conference live...