Meet GE's $300 million man

Larry Culp will be a hero on Wall Street if he can revitalize General Electric's lifeless share price. The new GE boss will also be about $300 million richer.
CNN Business: Markets Now
 
Dow Nasdaq S&P
-180.43   -91.06   -16.04
26,447.05   7,788.45   2,885.57
-0.68%   -1.16%   -0.55%
YTD +6.99%   YTD +12.82%   YTD +7.93%
 
Biggest Winners
General Electric Co +4.11%
 
Tyson Foods Inc +2.58%
 
FirstEnergy Corp +2.26%
 
DTE Energy Co +2.05%
Biggest Losers
IPG Photonics Corp -13.80%
 
Newell Brands Inc -5.76%
 
Eastman Chemical Co -5.62%
 
Costco Wholesale Corp -5.55%
Hottest ETF
Hottest ETF
NYSE Market Volume
NYSE Market Volume
Key Market Stats Latest Today's Change
Oil $74.30 -0.03 / -0.04%
Gold $1,207.50 +5.90 / +0.49%
10-yr 3.23% +0.03 / +0.88%
Euro $1.15 +0.00 / +0.01%
News: What you need to know about the markets
 
 
Meet GE's $300 million man
Larry Culp will be a hero on Wall Street if he can revitalize General Electric's lifeless share price. The new GE boss will also be about $300 million richer. Read more »
 
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David Einhorn, a prominent investor who has a big bet against Tesla's stock, compared Tesla to Lehman Brothers -- the investment bank that famously collapsed ten years ago -- in a letter to his fund's shareholders Friday. Read more »
 
The average bitcoin investor is young, rich and male
A recent survey of bitcoin investors shows that many of the cryptocurrency's biggest backers are Millennial men living in cities who make more than $75,000 a year. Read more »
 
India's currency crashes to another record low
India's currency resumed its headlong plunge on Friday, stoking concerns that the world's fastest-growing major economy could be heading for a slowdown. Read more »
 
Mattress Firm files for bankruptcy and will close 700 stores
Online reviews have replaced going to a store to lie down on a mattress. That's why Mattress Firm, America's largest bed store, has filed for bankruptcy. Read more »
 
Apple helps Samsung surge to record profits
Samsung is powering toward record profits thanks in part to Apple's new iPhones. Read more »
 
 
 
 
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