YOUR BUSINESS AUTHORITY

Springfield, MO

GE's value tumbles

Posted online

General Electric's stock price hit a two-week low this week as the value of the company continues to drop.

The company has lost a quarter of its value, or $70 billion, so far this year, according to CNNMoney.

The challenges come amid executive shakeups. Jeff Immelt stepped down as CEO this summer after facing criticism from investors. The new CEO, John Flannery, is on a cost-cutting mission.

Read more from CNNMoney.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick

Open for Business: Social

CB Social House changed its name to Social; Tri-Lakes Community Theatre merged with The Branson Arts Council Inc.; and Springfield Community Gardens expanded into the kitchen at Cox North.

Most Read
What is the top priority among these road projects in the city’s capital improvements program?

View results

SBJ Live logo
MOST-WATCHED VIDEOS
DNA Uncovers Best Version of You

A simple swab of the inside of your cheek can lead to optimizing your nutrition and fitness program, personal medication profile, in addition to your ancestry. According to Austin O’Reilly, owner …

Booked - Go Back to the Basics “You’ve gotta go back to the basics,” says Larry Peterson, Executive Director, Habitat for Humanity of Springfield Missouri. Peterson says he gains leadership advice from General Ulysses S. …
App-titude - Due - A Simple To Do List Are your having trouble keeping track of everything on your to-do list? Due is an iOS app that helps you keep track of all your errands. “It essentially does just one thing — it keeps a due date …
Three Tips to Build Employee Buy In “First and foremost if you have any kind of idea that you want to bring forward, it has to be data driven,” says Kelly Lee, Business Program Manager on the Infrastructure Team at Facebook. Lee …
My Mentor - Career Guidance “I’ve had a couple [mentors], but probably a career mentor is David Agee. He’s been there since the day I started,” says Amanda Tummons with Husch Blackwell, one of Springfield Business …