How GE Exorcised the Ghost of Jack Welch

Exorcising the Ghost of Jack Welch

GE executives used to sit through marathon management and leadership classes run by Jack Welch in an infamous windowless auditorium known as the Pit. Today, 10 years after Jeff Immelt took over, GE executives—sorry, “team members”—take classes in yoga and meditation and suminagashi, the Japanese art of painting on still water. The Pit even has a window.

Today's Top Stories

Stunning Global Heat Wave Pushes Planet Into Uncharted Territory

Humanity’s experiment with planetary warming has reached a new level of extremes. Last month was the hottest February in 137 years of record keeping, according to data released Thursday by the National Oceanic and Atmospheric Administration. It’s the 10th consecutive month to set a new record, and it puts 2016 on course to set a third straight annual record.

SeaWorld Shuts Down Killer Whale Show

The current generation of orcas will be the last in SeaWorld’s care, the company announced Thursday. Bowing to criticism of its care of the sea creatures as depicted in the documentary Blackfish, the company will shut down its killer whale shows and eventually stop keeping the animals in captivity.

Unmasking Startup L. Jackson, Silicon Valley’s Favorite Twitter Persona

For four years, his anonymous Twitter account delighted and perplexed Silicon Valley, meting out barbed and darkly funny advice about building startups. Few knew his real name, but most venture capitalists treated him like a peer. His tweets were quoted in tech press as gospel. But on Dec. 31, he went silent. Venture capitalist Parker Thompson explains why he retired his beloved online alter ego for good.

Why B-Schools Struggle to Enroll More Women

Women today are almost as likely as men to fill the seats of medical school and law school classrooms. Yet the share of women enrolled in full-time MBA programs hasn’t risen above 32 percent in the past decade, according to figures compiled by AACSB International, an organization that accredits B-schools worldwide. Some say it’s a timing problem.

These Are the Cities Where Rich Millennials Live

Not all millennials are drowning under the weight of student loans. Lots of young bankers and lawyers and software developers are making big bucks, and they’re especially likely to be your neighbors if you live in Arlington, Va.

Still Haven’t Figured Out Time Travel

Nike Disrupts the Shoelace Like It’s 1989

Nike’s research and development department finally made it to the 1980s. During an event in Manhattan on Wednesday, the sportswear giant unveiled a self-lacing sneaker not unlike the kicks showcased by a baby-faced Michael J. Fox in Back to the Future II.