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English

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North American (General)

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Welcome to the J T News minute. I'm your host. Samuel Kota. With stock down 53% year on year, General Electric has axed its CEO, John Flannery. After less than two years and a precipitous decline in the share price at General Electric, John Flannery is being ousted as chairman and CEO. Flannery took over for a long time CEO Jeff Immelt, in June 2017 with the company trying to reestablish its industrial roots, albeit ah high tech version of itself. However, as Flannery has restructured the multinational conglomerate, its value has dipped below $100 billion shares are down more than 53% year on year. An original member of the Dow Jones Industrial Average, G was kicked off the index in June, where it had traded since 1907 General Electric warned Monday that it will miss its profit forecast this year, and it's taking a $23 billion charge. The company said Monday that H. Lawrence Cult Jr will take over as chairman and CEO immediately. Shares of General Electric, based in Boston, surged 16% before the opening bell and now for the J T news weather report a beautiful day today in the L Grove area. The current temperature is 78 degrees and not a cloud in the sky. However, we are expecting a drastic turn tomorrow as temperatures will be in the mid thirties and a mixture of rain and snow is in the forecast. In response to the severe weather ahead, county officials are urging residents to stay off the road in hopes to prevent accidents in the world of sports. The Oakland Athletics have announced that they will send Liam Hendriks to the mound toe Open tonight's American League wild card game at Yankee Stadium, but it's unclear who will pitch after him. Manager Bob Melvin will have 10 more pitchers at his disposal to shimmy his way through the winner take all game, including just one starter who likely won't pitch at all. It's a true David versus Goliath matchup as the Oakland Athletics, who opened the season with Major League Baseball's lowest payroll, will take on the mighty New York Yankees with well chronicled superstars like Aaron Judge and Jean Carlo Stanton. First pitch is scheduled for 508 p m. Tonight and you can watch it on TBS. Thank you for tuning into the J T news minute. This is Samuel Kota until next time