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Jack Welch

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  • WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.

  • WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.

  • WASHINGTON, Oct 11- The number of Americans filing new claims for jobless benefits slid last week to the lowest level in more than four and a half years, according to government data that may provide a boost to President Barack Obama a month before voters go to the polls.

  • PRESS DIGEST-New York Times business news - Oct 10 Wednesday, 10 Oct 2012 | 2:20 AM ET

    *Venturing into the most hostile territory in Europe, Chancellor Angela Merkel of Germany visited Athens on Tuesday, telling Greeks that she understood their suffering but urging the country to stay the course on reforms and budget cuts.

  • Oct 9- Jack Welch, the former chairman of General Electric who sparked an outcry with a tweet last week suggesting the White House manipulated job numbers for political gain, is no longer writing for Reuters or Fortune. "Unbelievable jobs numbers... these Chicago guys will do anything... can't debate so change numbers," Welch tweeted.

  • Jack Welch terminates column with Reuters, Fortune Tuesday, 9 Oct 2012 | 4:41 PM ET

    Oct 9- Jack Welch, the former chairman of General Electric who sparked an outcry with a tweet last week suggesting the White House manipulated job numbers for political gain, is no longer writing for Reuters or Fortune. "Unbelievable jobs numbersï¿ ½th ese Chicago guys will do anythingï¿ ½ can't debate so change numbers," Welch tweeted.

  • Officials reject conspiracies on unemployment rate Saturday, 6 Oct 2012 | 3:01 AM ET

    The staffers who compute the U.S. unemployment rate work in an agency of the Labor Department. Officials who have overseen the work say it's prepared under tight security with no White House input or supervision. The only BLS employee appointed by the White House is the commissioner, who operates independently of the White House.

  • *White House slams Welch tweet as "ludicrous". BOSTON/ WASHINGTON, Oct 5- BOSTON/ WASHINGTON, Oct 5- Jack Welch, the former chairman of General Electric Co, provoked cries of outrage in Washington on Friday when he suggested that the White House manipulated September job figures for political gains.

  • Steep drop in unemployment rate spawns conspiracy Friday, 5 Oct 2012 | 6:04 PM ET

    WASHINGTON-- Sasquatch might as well have traipsed across the White House lawn Friday with a lost Warren Commission file on his way to the studio where NASA staged the moon landing. Officials at the Labor Department said the jobs figures are calculated by highly trained government employees without any political interference.

  • What unemployment-rate conspiracists were saying Friday, 5 Oct 2012 | 5:55 PM ET

    Former General Electric CEO Jack Welch set off a wave of conspiracy theories Friday by tweeting, "Unbelievable jobs numbers.. these Chicago guys will do anything.. can't debate so change numbers." "Chicago" refers to President Barack Obama's campaign headquarters. " _ "If there's anyone who knows about slashing American jobs, it's Jack Welsh.

  • US unemployment below 8 pct, first time since 2009 Friday, 5 Oct 2012 | 5:17 PM ET

    WASHINGTON-- The U.S. unemployment rate dropped below 8 percent for the first time since the month President Barack Obama took office, a surprising lift for both the economy and his re-election hopes in the final weeks of the campaign. It fell because a government survey of households found that 873,000 more people had jobs, the biggest jump since January 2003.

  • *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.

  • *White House slams Welch tweet as "ludicrous". BOSTON/ WASHINGTON, Oct 5- Jack Welch, the lionized former chairman of General Electric Co, provoked cries of outrage in Washington on Friday when he appeared to accuse the White House of manipulating September job figures for political gains.

  • FAIRFAX, Va., Oct 5- President Barack Obama on Friday hailed a drop in the U.S. jobless rate to the lowest level since he took office, saying the country has "come too far to turn back now," as he sought to recover from a lackluster debate performance against Republican challenger Mitt Romney.

  • *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.

  • NEW YORK, Oct 5- A surprisingly sharp drop in U.S. unemployment helped President Barack Obama's odds of re-election regain half the ground lost in his debate with challenger Mitt Romney on Wednesday.

  • WRAPUP 4-US jobless rate tumbles to near 4-year low Friday, 5 Oct 2012 | 10:36 AM ET

    *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.

  • Notion US jobs number rigged "ludicrous": Solis Friday, 5 Oct 2012 | 10:00 AM ET

    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.

  • An Interview With Jack Welch Tuesday, 17 Mar 2009 | 2:58 PM ET
    Jack Welch

    What follows below is the transcript of my interview with legendary former General Electric Chairman & CEO Jack Welch on The Kudlow Report last night.

  • Welch Applauds GE Moves Thursday, 25 Sep 2008 | 8:11 AM ET

    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.