a close up of a sign: FILE PHOTO: The General Electric logo at their subsidiary company GE Aviation in Santa Ana© REUTERS/Mike Blake/File Picture
FILE PHOTO: The Normal Electrical brand at their subsidiary firm GE Aviation in Santa Ana

Normal Electrical Co (GE.N) slashed its quarterly dividend to only 1 cent per share and stated it was reorganizing its energy unit into two companies as new Chief Government Larry Culp took his first steps to revive the struggling conglomerate.

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The Red Tea Detox

GE reported a $22.eight billion loss for the third quarter on Tuesday attributable to a writedown within the worth of its GE Energy…

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