John Flannery started his first day as General Electric Co.’s chief executive with a letter to employees, highlighting the company’s transformation under its previous leader but saying “now we need an intense focus on running the company well.”GE is coming off a 16-year run of Jeff Immelt, who moved the company away from struggling and lower-margin businesses toward industrial machines and related technology and services. The stock...

Source: Wall Street Journal August 01, 2017 14:26 UTC