BREAKING: Business icon Jack Welch, the former chairman and CEO of General Electric, has died at age 84.
Under his leadership, GE became the world's most valuable company, after Microsoft. He earned the nicknames “manager of the century,” and “Neutron Jack," due to his reputation for cutting thousands of jobs.
GE bought and sold many businesses under Welch's leadership, including RCA — the then-owner of NBC. NBCUniversal is the parent company of NBC News.
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