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Jeff Immelt to Retire as Chairman of GE Three Months Earlier than Planned

Jeff Immelt to Retire as Chairman of GE Three Months Earlier than Planned

General Electric Company (NYSE: GE) announced that Jeff Immelt would retire as chairman and leaving the board around three months earlier than previous planned as the transition is going smoothly and his successor needed control to make difficu..

Gymboree Announced to Close 350 Stores Nationwide

Gymboree Announced to Close 350 Stores Nationwide

This week, the Gymboree Corporation (NASDAQ: GYMB), a children’s clothing retailer, announced that it will close 350 stores as part of its previously announced restructuring.The company filed for Chapter 11 bankruptcy protection in June. Curre..