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General Electric Slashes Dividend By 50% As New CEO Tries To Turnaround 125-Year-Old Conglomerate

General Electric Slashes Dividend By 50% As New CEO Tries To Turnaround 125-Year-Old Conglomerate

General Electric said Monday it was cutting its dividend in half, a move that could cause many long-time shareholders in the 125 year-old conglomerate to flee, but also free up much needed capital to fund a turnaround for the one-time American bellwether. GE said it was cutting its quarterly payout to 12 cents a share from 24 cents a share, effective in December. Shares, which are down more than 35 percent for the year, rose more than 2 percent [Read More...]
Hillary Clinton’s Book Tour Comes To Atlanta On Monday

Hillary Clinton’s Book Tour Comes To Atlanta On Monday

Former Democratic presidential candidate Hillary Clinton is headed to Atlanta on Monday for an hour long conversation as part of her book tour. Her visit to the Fox Theatre is part of a 16-city nationwide tour where she’s mixed self-deprecating humor with analysis of her 2016 defeat to Republican Donald Trump. The book, “What Happened,” details Clinton’s campaign to become the nation’s first woman president, the factors that led to [Read More...]
LiAngelo Ball, Other Players Arrested Have To Stay In China For A Week Or Two

LiAngelo Ball, Other Players Arrested Have To Stay In China For A Week Or Two

The three UCLA basketball players arrested on shoplifting charges Tuesday — LiAngelo Ball, Jalen Hill and Cody Riley — will not be on the team’s flight back to Los Angeles following UCLA’s season-opening win over Georgia Tech on Saturday. Instead, according to ESPN, they will remain in Hangzhou for “a week or two” longer. Ball, Riley and Hill were questioned for allegedly stealing sunglasses from a Louis Vuitton store near the [Read More...]