GE Chief Gives Cautious Outlook for Power Business

General Electric Co. boss John Flannery warned investors Wednesday that the company’s big power business faces years of pressure and reminded them that major changes at the conglomerate will take some time. “This is not going to be a quick fix,” the CEO said in a presentation at the Electric Products Group conference where he […]

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What’s Behind the Decline in Female CEOs

By Vanessa Fuhrmans May 23, 2018 1:57 p.m. ET If it seems like several female CEOs have lost or left their jobs lately, it is because they have. But so, too, have many male chief executives. So why do the women’s departures seem so conspicuous? One reason is there are so few females at the helm of major […]

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Blow to ‘max fac’ Brexiteer ministers as HMRC reveals £20bn cost to businesses 

Boris Johnson’s favoured scheme for trade after Brexit could cost businesses up to £20bn a year through extra customs declarations, HM Revenue and Customs has warned. The ‘maximum facilitation’ system, or max fac, seeks to avoid border delays by using new technology and by pre-approving big exporters through a trusted trader scheme. By making customs declarations […]

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