16-01-2018 20:44 via krqe.com

With a $6B charge comes new thoughts about GE’s future

BOSTON (AP) — After a decade breaking off substantial pieces of the multinational conglomerate in bid to a return to its industrial roots, a more comprehensive reshaping of General Electric Co. may be on the way.
CEO John Flannery, who was put in charge of reviving the company last summer, revealed significant issues at GE Capital Tuesday which will lead to a $6.2 billion after-tax charge in the fourth quarter.
The problems were revealed after review and reserve testing of GE Capital&rsquo
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