Former GE CEO Jack Welch hospitalized
"Jack Welch was admitted to New York Presbyterian Hospital on July 5 with a bacterial infection," his office said in an e-mailed statement. "He is expected to fully recover."
The 73-year-old executive led GE from 1981 through 2001 and picked the largest U.S. conglomerate's current chief, Jeff Immelt.
Welch, the author of several books on management, including "Winning," earned the nickname "Neutron Jack" early in his tenure for his aggressive restructuring actions. During his time as CEO the company's revenue grew from about $26.8 million to nearly $130 billion and its market value surged from $13 billion to several hundred billion dollars.
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SEATTLE - A powerful "bomb cyclone" recently hit Western Washington, causing widespread destruction across the region. The intense storm left more than half a million residents without power, with outages affecting communities from Seattle to Olympia. This weather phenomenon, marked by a rapid drop in atmospheric pressure, unleashed severe wind gusts, heavy rain, and flooding, causing significant disruption to daily life.
The bomb cyclone, which is a rapidly intensifying storm, typically features a sharp drop in barometric pressure over a short period of time. This creates extreme weather conditions, including gale-force winds, torrential rain, and coastal flooding. In Western Washington,…
