Following John Flannery’s resignation from General Electric Co’s as its CEO, GE’s board has unanimously endorsed H. Lawrence Culp Jr as its CEO. General Electric Co’s CEO John Flannery has stepped down from his role in the company. The development… Read More ›
restructure
Sam’s Club partners with Instacart for delivering groceries to shoppers
Shopper can buy a wide range of goods and groceries, even without a Sam’s Club membership, and have it delivered it to them within the hour. Incidentally, the online grocery market in the U.S. is expected to grow $41.7 billion… Read More ›
Boeing strategically restructures itself to better tap growing opportunities
The move is in anticipation of heightened defence related orders from the U.S. and its allies. In efforts aimed at making its businesses more responsive to customers, on Tuesday, Boeing Co stated it would be restructuring its defense, space and… Read More ›
Share price of Barrick Gold could surge by 30%
The strategic restructuring of Barrick Gold’s operations as well as the output of its new mines could potentially boost its share price, said Barron’s. The April 10th edition of the Barron’s has reported that the shares of Barrick Gold have… Read More ›
Deutsche Bank plans major revamp to reinvent itself
Investors agree that the move is in the right direction. Having suffered significant losses, Deutsche Bank is planning on raising more capital as well as overhaul its business structure in order to reinvent itself. The strategic decision to revamp its… Read More ›