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_ceo-larry-culp39s-overhaul-of-ge-will-make-him-a-billionaire.webp "When Larry Culp stepped into the CEO role at General Electric in 2018, he was the first outsider to lead the iconic company. Founded by Thomas Edison in 1892, GE had morphed over more than a century into a sprawling conglomerate that was struggling under $135 billion in debt.<br/><br/>One of Culp’s predecessors had made a costly acquisition bet, investors had fled, and the company’s market cap had shrunk to $70 billion, down more than half a trillion dollars from August 2000, when it was the most valuable company in the world. Culp turned GE’s board down twice before accepting the CEO job, but ultimately extracted a multimillion-share incentive package linked to GE’s share price. At the time, CNBC’s Jim Cramer said it was “the best performance-oriented contract I’ve ever seen.”<br/><br/>Spoiler alert: It paid off.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/sarahwhitmire/2024/03/31/general-electric-ceo-larry-culp-to-join-small-club-of-billionaire-executives/?sh=7902b57d449b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
_animals-are-dumb-124-funny-animal-videos-guaranteed-to-make-you-laugh-30.webp "One Zillion Odd Goldfish")
⏲ 8 minutes 30 seconds 👁 17.6K
_8-billion-people-in-perspective-124-3d.webp "MetaBallStudios")
_over-one-million-phones-could-be-cut-off-from-3900039-as-3g-shutdown-looms.webp "More than a million mobile phones could be cut off from calling triple-zero within months, raising alarm about Australia's readiness for the imminent shutdown of the 3G network. Australia's telcos are switching off the twenty year-old systen, to make room for 4G and 5G technologies, but safety concerns could derail their plans.")
_singapore39s-36800-billion-massive-debt-explained.webp "Behind Asia")
_a-millionbillion-trillionmmmmmmm.webp "mazeroking")
_major-improvement-scheme-announced-for-northern-rail-networks.webp "Network Rail is set to begin a 60-million-pound drainage improvement scheme on the rail network across Yorkshire and the North East this month. Over the past year alone, there have been 35 landslips in the north of England, causing major disruption to passengers. This new project aims to increase safety and to minimise disruptions caused by heavy rain across the region.<br/><br/>The North East and Yorkshire route is particularly susceptible to these weather-related disruptions, with rainwater from neighbouring land often overflowing onto railway lines, leading to flooding and major delays.<br/><br/>As part of the new project, 40 new dedicated roles are being created to manage and maintain the new systems being put in place.<br/>Investment will also be made into new and existing technology such as remote condition monitoring circuits and CCTV cameras. Over the next five years, Network Rail plans to invest a total of 2.1-billion-pounds in upgrading the region’s railway lines. Network Rail is set to begin a 60-million-pound drainage improvement scheme on the rail network across Yorkshire and the North East this month. Over the past year alone, there have been 35 landslips in the north of England, causing major disruption to passengers. This new project aims to increase safety and to minimise disruptions caused by heavy rain across the region.<br/><br/>The North East and Yorkshire route is particularly susceptible to these weather-related disruptions, with rainwater from neighbouring land often overflowing onto railway lines, leading to flooding and major delays.<br/><br/>As part of the new project, 40 new dedicated roles are being created to manage and maintain the new systems being put in place.<br/>Investment will also be made into new and existing technology such as remote condition monitoring circuits and CCTV cameras. Over the next five years, Network Rail plans to invest a total of 2.1-billion-pounds in upgrading the region’s railway lines.")
_biden-9234over-a-billion-three-hundred-million-trillion-three-hundred-million-dollars9234.webp "Ovation Eddie 2")
⏲ 1 minute 6 seconds 👁 3.4K
_biden-trolled-for-39billion-300-million-trillion-300-million-dollars39-infra-claim-39fumble39-124-watch.webp "Hindustan Times")
Biden Trolled For 'Billion, 300 Million, Trillion, 300 Million Dollars' Infra Claim 'Fumble' | Watch
⏲ 3 minutes 30 seconds 👁 27.1K
_millions-are-struggling-to-pay-their-energy-bills-with-court-action-against-debtors-doubling-in-the-uk.webp "The surge in households seeking aid for unpaid energy bills leading to court actions has doubled in the past year, as noted by Citizens Advice. Suppliers are increasingly resorting to legal measures to recoup energy debts, potentially causing long-term financial strain for households. This trend seems to have intensified following Ofgem's imposition of stringent restrictions on mandatory prepayment meter installations. <br/><br/>Last year, Citizens Advice provided guidance to 349 households facing County Court Judgments (CCJs) due to overdue gas and electricity bills, compared to 179 in 2022, coinciding with a record-high energy debt of £3.1 billion. The CCJs reported are the highest since 2019, likely representing only a fraction of the total judgments issued for energy debt recovery. Despite Ofgem's recent reduction of the energy price cap to £1,690 annually for typical dual fuel bills, data shows that energy debt continued to climb by £2.8 million daily in the latter half of last year, -So what can be done to reduce those energy costs?")
⏲ 1:5 👁 9.6M
_biden-gaffes-billion-million-trillion-bidenomics-branding-paying-off-point-a-to-point-b-faster.webp "HYGO News")
⏲ 3 minutes 2 seconds 👁 291
_meaning-of-million-billion-amp-trillion-in-simple-method.webp "Amazing Gyan")
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