For evaluation purposes, a prospect’s body of work and traits matter more than one game. He tracks the deep ball like Ken Griffey Jr. patrolling center field, making him a perfect fit for quarterback Michael Penix Jr. and the Huskies’ passing offense. The Pac-12 didn’t have a defense that ranked top 50 in pass defense, so Michigan — which has …
New York CNN Business — General Electric is giving Larry Culp more than 200 million reasons to stay and finish the job of turning around the storied conglomerate getting rocked by the pandemic. GE’s board extended Culp’s contract by two years to at least August 2024, giving the CEO more time – and easier targets – to fix the troubled …
New York CNN Business — The biggest comeback kid on Wall Street is 126 years old. “We are doing everything in our power to return GE to a position of strength,” Culp wrote in his inaugural annual shareholder letter on Wednesday. No fire sale Wall Street applauded GE’s decision to sell part — but not all — of its healthcare …
New York: General Electric Co will sell assets with “urgency” to reduce its high debt, Chief Executive Officer Larry Culp said on Monday, as GE shares tumbled as much as 10 percent and the cost of insuring its debt hit a six-year high. “We have plenty of opportunity to do that through asset sales.” Culp said GE also was trying …