The former General Electric chief said that the JPMorgan settlement is "just the beginning" and that other companies will be pursued.» Read More
*Nonfarm payrolls rose 114,000 in September* Unemployment rate falls to 7.8 percent, lowest since 2009* Household survey shows most job gains since 1983* Average hourly earnings gain 7 cents* Report is second to last before Nov. 6 elections By Lucia Mutikani.
Labor Secretary Hilda Solis, in response to questions from a television anchor casting doubt on the validity of the latest jobless rate figures, said the idea it was manipulated is "ludicrous." "I'm insulted when I hear that, because we have a very professional civil service organization.
What follows below is the transcript of my interview with legendary former General Electric Chairman & CEO Jack Welch on The Kudlow Report last night.
Former General Electric Chairman and Chief Executive Jack Welch appaulded the company's decision to suspend its stock buyback plan in order to maintain its "AAA" credit rating.
We now have video evidence that Warren Buffett's pitch to catcher Jack Welch at Boston's Fenway Park last night wasn't quite a "perfect strike." We also, however, can go to the videotape to prove that Buffett throws better than Mariah Carey.
Yesterday, I was at Fenway Park to witness what was very likely the richest ceremonial first pitch in sports history as Warren Buffett threw out the first pitch at the Red Sox-Rays game to Jack Welch.
Warren Buffett and his good friend Jack Welch (the former General Electric Chairman) took the field at Boston's Fenway Park Tuesday night for the ceremonial first pitch before the Red Sox and Tampa Bay Rays continued their pennant fight. Here are some behind-the-scenes photos taken by CNBC Producer Tom Rotunno as Buffett toured the historic ballpark and warmed up with Welch for their debut. Also included: official Red Sox photos of Buffett on the mound.
When Warren Buffett first revealed to us that he would be throwing out the ceremonial first pitch at tonight's Red Sox game in Boston, he seemed to be hedging his bets. He told CNBC's Becky Quick he would be prepared to throw any pitch catcher Jack Welch called for, even the tricky "ball that bounces four or five times before it gets to the plate." Buffett had nothing to worry about.
Warren Buffett has thrown out the ceremonial first pitch at baseball games before, but he's never had a business all-star as a catcher. Tonight (Tuesday), Buffett is scheduled to take the mound at Boston's Fenway Park just before the Red Sox play the Tampa Bay Rays. His catcher: Jack Welch, the legendary former Chairman of General Electric, and a devoted Red Sox fan.
I got an email from Suzy Welch who is spending the summer writing her upcoming book, “10-10-10: Transform Your Life with Clear, Considered, Stress-Free Choices”. The book is being published by Scribner (an imprint of Simon & Schuster) and will be ready next spring.
Jack Welch, former chairman and chief executive of General Electric, grilled presidential candidates Barack Obama and Mitt Romney about their economic and business policies. The author of "Winning" and "Straight from the Gut," also offered his own "checklist" for America's next chief executive.
This morning on CNBC's Squawk Box, Warren Buffett chatted by telephone with the Squawk team and guest host Jack Welch. Becky Quick is traveling with Buffett in China, and put him on the phone to react to news this morning that Merrill Lynch had to write-down almost $8 billion in bad bets on mortgage securities and leveraged loans.
Discussing leadership, motivation and career success with Jack Welch, former General Electric chairman & CEO.
Former General Electric chief Jack Welch said it was clear the management of New York Times Co. had "no interest" in selling its Boston Globe newspaper.