Tags: company

John Flannery, the new CEO of General Electric Company (NYSE:GE), has the hardest job in Boston. Predecessor Jeff Immelt left him with a mess. Before leaving, Immelt was pressured by Nelson Peltz’ Trian Fund Management to bring earnings to $ 2 per share by next year. Before he left, Wall Street had finally stopped buying his act.…

A Missouri-based hotel company founded by hotelier John Q. Hammons filed for chapter 11 bankruptcy protection with assets and debts each more than $ 1 billion, according to court papers. Read the Daily Bankruptcy Review article via The Wall Street Journal. (Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging…