General Electric nominated top aviation and industrial executives and an accounting expert to its board on Monday, as it seeks to restructure its business and restore investors’ confidence in one of the largest U.S. industrial conglomerates.
The Boston-based multinational, which racked up a $10 billion loss in the fourth quarter, was the worst-performing stock on the Dow Jones industrial average last year. It fell another 3.5 percent on Monday.
GE said on Friday that it was facing potential legal action by the U.S. Department of Justice in connection with subprime mortgage…
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