Former White House economic aide Austan Goolsbee responded that Welch didn’t know what he was talking about. “love ya jack but here you’ve lost your mind,” Goolsbee tweeted.

Jack Welch used his Twitter account to challenge the Obama administration over the surprise drop in the September U.S. unemployment rate, saying the data were manipulated for political gain.

Jack Welch, the CEO who ruled General Electric from 1981 to 2001, died on Sunday. Upon his retirement, almost 20 years ago, Welch was a legend — hailed as a "white-collar revolutionary" by The ...

Jack Welch, the hard-charging former head of General Electric who transformed his company and corporate America with his ruthless attention to the bottom line, died March 1 at 84.

If Texas Sen. Ted Cruz decides to mounts another bid for the White House, he might have to do so without a big name backer. Former General Electric CEO Jack Welch told Neil Cavuto he would have ...

Former GE CEO Jack Welch died on March 1. DDP/AFP via Getty Images Tributes are pouring in after the death of Jack Welch, the legendary CEO of General Electric from 1981 to 2001.

He was the head of Jack Welch, LLC, established in 2007. Media had given him the nickname “Neutron Jack” for his no-nonsense approach to business. Wrote a weekly column in Business Week with ...

Jack Welch in 2004. Fortune magazine named him the “Manager of the Century,” and in 2000 The Financial Times named G.E. “the World’s Most Respected Company” for the third straight year.

Jack Welch, who ran GE in the 1980s and ’90s, would arrive by helicopter. ... The White House has become a low-key place where visitors can sip artisanal coffee rather than martinis.

In 1986, Welch made one of his boldest moves, a $6.4 billion acquisition of RCA, including the NBC television network. The deal energized GE, which made hundreds more acquisitions as the company ...