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Stock impact report

The Federal Reserve Should Be Open To Closing [Forbes]

GE Aerospace (GE) 
Last ge aerospace earnings: 4/30 04:02 pm Check Earnings Report
US:NYSE Investor Relations: ge.com/investor-relations/overview
Company Research Source: Forbes
As President Trump forwards names for the Federal Reserve Board, in this 117 In business, the point of firm-formation is to take advantage of an opportunity. Once the opportunity is exploited, efficiency requires the firm to fold and move on into something new. Managerial corporations—the term comes from business historian Alfred Chandler—that have vast capital commitments strive to last for the long term. But even they properly recognize that after a while, their initial business insights have ceased to be relevant. In the name of efficiency, their assets should be reorganized—such firms should fold, in a word—in appreciation of a changing context. The idea that one large firm can successfully “reinvent” itself time and again is an impossibility. A constellation of capital and labor that is perfect for one opportunity in a given time cannot normally be so again for another at a far remove of time and place. Today In: Seattle Eviction Ban: No Facts, No Data, Higher Rents, Evictions Show less Read more
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