Q3 results are "completely unacceptable", says GE CEO
General Electric's (GE) CEO John Flannery has said the company's third quarter financial results are "completely unacceptable," adding, "We need to make some major changes with urgency." He also slashed profit forecast and pledged to sell off $20 billion of GE's businesses. Notably, GE's cash flow from operating activities fell 78% and profit in power business fell 51%, since 2016.