Storied General Electric to split into 3 public companies
CBSN
General Electric, once one of the most widely held stocks in America by individual investors, will divide itself into three public firms focused on aviation, health care and energy.
Founded in 1892 in part by storied inventor Thomas Edison, GE never fully recovered from the heavy damage it suffered during the financial crisis more than a decade ago. The last of the original members of the Dow Jones Industrial Average, it was removed from the index in 2018.
GE refashioned itself in recent years from the sprawling conglomerate created by Jack Welch in the 1980s to a much smaller and focused entity.
Washington — The Supreme Court on Friday said it will consider the constitutionality of the Federal Communications Commission's Universal Service Fund, agreeing to review a lower court decision that upended the mechanism for funding programs that provide communications services to rural areas, low-income communities and schools, libraries and hospitals.
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Former Rep. Matt Gaetz of Florida says he doesn't intend to return to Congress in January, after resigning from his seat and withdrawing from consideration as U.S. attorney general.
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Organic carrots and celery sold at Whole Foods Market in five states are being recalled amid a deadly E. coli outbreak that has stricken 39 people in 18 states.
It's well-documented that women in the workplace often face biases when seeking leadership roles, but new research is uncovering just how pervasive and wide-ranging those prejudices can be.
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