GE Sets Dividend Cut as First Step in Radical Reset

The transcript discusses GE's strategic changes, including a dividend cut and asset divestitures, aimed at restructuring the company. Brooke Sutherland's column highlights these moves as initial steps in a radical reset, though investors remain skeptical. The discussion also explores potential future directions for GE, focusing on healthcare and aviation, while addressing challenges in the power business.

What significant financial decision did the company make regarding its quarterly dividend?

What are the main reasons behind the company's decision to exit $20 billion of assets?

What potential growth opportunities does the company have according to the discussion?

What concerns do analysts have regarding the company's power business?

How does the company plan to address the challenges it faces in the power sector?