GE will be replaced by Walgreens Boots Alliance on the Dow Jones industrial average prior to the open on June 26.
Athenahealth CEO Jonathan Bush will step down, and the company will search for a new leader and explore strategic alternatives, the company said Wednesday.
The downfall at GE has been a "colossal failure" in board leadership, says Langone, also co-founder of Home Depot.
I will fight to my death this is not going to be laid on Jack Welch, says Ken Langone, Invemed Associates founder and Home Depot co-founder, weighing in on the shake-up on General Electric's board.
Among the problems plaguing the company is a collapse in cash flow and a severely curtailed profit outlook, says John Inch.
Former General Electric boss Jeff Immelt was consistent in his overly optimistic approach to running the once-massive company.
Immelt has joined the board of directors of Radiology Partners, about two weeks after becoming Athenahealth chairman.
Immelt's move is a chance for redemption after his departure from GE in the latter half of 2017 capped a rocky 16-year run.
Former General Electric CEO and Chairman Jeff Immelt was appointed chairman of the Athenahealth Board of Directors.
This year was the culmination of GE brushing things under the rug for decades, says John Inch, Deutsche Bank analyst, weighing in on General Electric's outlook, as it new CEO attempts to implement a turnaround plan. Former GE CEO Jack Welch handed Jeff Immelt a tough hand, says Inch.
Venture capitalist Bill Gurley had a spectacular and spectacularly dramatic year.
Former General Electric CEO Jeff Immelt speaks at Axios' "Smarter Faster Revolution" about his time at General Electric and being in the running for the top job at Uber.
Former General Electric CEO Jeff Immelt speaks at Axios' "Smarter Faster Revolution" about his time at General Electric and what he sees for it going forward.
Former CEO of General Electric Jeff Immelt will speak with Axios on Thursday at the "Smarter Faster Revolution" event.
"I've been quite clear where we have underperformed and about how to fix that," General Electric's CEO tells CNBC.
Ahead of General Electric's investor day, Jeff Sprague, Vertical Research Partners founder, discusses what GE should do with its dividend and what a breakup of the conglomerate could look like.
As General Electric limps into its investor day presentation Monday, it has gone from a paradigm of success to a morass of excess.
Uber should go public by 2019, new CEO Dara Khosrowshahi says.
General Electric's board was unaware of the use of a backup plane that shadowed former CEO Jeff Immelt on trips abroad, The WSJ reported.
General Electric CEO John Flannery is considering every cost-cutting measure for his company, putting scrutiny on his predecessor Jeff Immelt.