ABB to Sell Majority of Power Grids to Hitachi
The $11 billion acquisition allows ABB to return proceeds to shareholders.
GE Sells Industrial Solutions Unit for $2.6B
The sale of the underperforming business to Swiss firm ABB continues former CEO Jeff Immelt's strategy of fostering growth by streamlining GE's operations.
Once More Unto the Fiduciary Breach
A class-action suit highlights potential fiduciary risks for 401(k) plan sponsors.
Are Boomerangs Your Best Leadership Strategy?
To develop future leaders, the best approach may be to toss them away and catch them when they return.