jack welch

Former NYC home of GE CEO Jack Welch lists for $21.68M

The late Welch, who died in 2020, combined the two units at One Beacon Court in Midtown East -- creating a 5,782-square-foot aerie that's now for sale.

Ex-GE boss Jeff Immelt bares his singed soul in ‘Hot Seat’

In “Hot Seat,” Jeff Immelt’s highly readable yet flawed account of his controversial tenure as CEO of General Electric, he wastes little time letting the reader know he was handed...

Jack Welch, longtime General Electric chief, dead at 84

Jack Welch, the hard-driving executive who turned General Electric into the world's most valuable company in two decades at the helm, has died.

Ex-GE CEO Jack Welch sells Midtown condo for 34% off

Ex-General Electric CEO Jack Welch has finally sold his One Beacon Court perch for $17 million, according to city property records. The 46th-floor condo first went on the market for...

Jack Welch's $25M Manhattan apartment finally lands a buyer

Jack Welch, the 83-year-old former CEO of General Electric, is finally in contract to sell his four-bedroom unit at One Beacon Court. The 5,782-square-foot corner spread is a two-unit combo...

GE is axing 12,000 workers in its power business

General Electric is axing 12,000 jobs at its global power business, the struggling industrial conglomerate’s latest effort to shrink itself into a more focused company. The US company launched the...

GE is slashing its business, and its dividend

General Electric will focus on aviation, power and health care, radically shrinking the most famous US conglomerate into a smaller company betting on industries where it has strong technology and...

Forbes brothers celebrate 100-year anniversary with throwback gala

Brothers Steve, Timothy, Christopher and Robert Forbes are partying likes it’s 1999 as Forbes Media tosses a throwback gala to celebrate the 100-year anniversary of the magazine founded by their...

Vaping is no 'gateway,' Kerry's media-blaming obsession, and other notable commentary

One biz big’s choice: Why Jack Welch backs Trump Former General Electric CEO Jack Welch is all in for Donald Trump, reports Politico’s Nolan McCaskill, noting that the business honcho...

Jack Welch nixed Apple deal, but helped Tim Cook's comp

Last week Bob Wright released his new corporate tell-all, “The Wright Stuff.” The bombshell revelation from Wright’s book was that then-GE Chairman Jack Welch turned down an offer to acquire...

Jack Welch could have bought Apple for a paltry $2B: tell-all

Jack Welch — the former General Electric boss who bought and sold hundreds of companies and laid off thousands of workers in his relentless pursuit of growth — passed on...

Welch's bright idea

Former GE Chairman Jack Welch hit the nail on the head this week when he suggested no private-sector business could run the way New York City’s schools do. Welch blasted...

De Blasio fires back at former GE chairman

Jack Welch’s rebuke of Schools Chancellor Carmen Fariña isn’t sitting well with Mayor de Blasio, who fired back Wednesday that the former GE chairman should “stick to light bulbs” and...