GE CEO under pressure from activist investor to puts Shareholder Profits First with Goal to Cut $1 Billion of Cost and Eliminate American Jobs to Protect Shareholders

GE CEO adds caution to 2018 profit goal

MarketWatch

Jeff Immelt, General Electric Co.’s chief, said the conglomerate would likely need additional cost cuts to reach a closely watched 2018 profit target, …

GE’s Immelt, on ‘hot seat,’ sees hurdles to Trian profit goal

New York: General Electric Co. chief executive officer Jeffrey Immelt, under pressure from activist investorTrian Fund Management to boost profit, …