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General Electric Shares Soar As CEO Is Ousted

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Stock in General Electric rose significantly Monday morning after the company removed CEO John Flannery, replacing him with board member Larry Culp. The company also announced it will miss its revenue targets for the year.

Here & Now's Jeremy Hobson speaks with CBS News' Jill Schlesinger (@jillonmoney), host of "Jill on Money" and the podcast "Better Off."

This segment aired on October 1, 2018.

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