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GE selling biopharma business for $21.4 billion

Last year the biopharma business, part of GE's life sciences division, generated revenues of approximately $3 billion.

General Electric dumps CEO John Flannery after 14 months

Flannery’s brief leadership tenure was marked with embarrassments for the company, including a dividend cut last November and the removal of the company from the Dow Jones Industrial Average.

Immelt retiring as head of GE; John Flannery named as replacement

During Jeffrey Immelt's time as CEO, GE returned $143 billion to investors in dividends, more than in the entire prior history of the company.