Can General Electric's New CEO Help Turn the Power Back On?

October 30, 2018

General Electric slashes quarterly dividend for the second time in 12 months from 12 cents per share to just 1 cent. This will allow the company to save almost $4 billion of cash a year. Jim Corridore, senior equity strategist at CFRA Research, joins right after the earnings call to break down the company's strategic plan to turn things around.