https://www.wsj.com/articles/ge-powered-the-american-centurythen-it-burned-out-11544796010
From covering struggles of the insurance business, dependence on GE Capital, the buyback and dividend cycle to the issues with service contracts and aggressive accounting, the article thoroughly covers the various elements to the present scenario. It’s fascinating that the article segregates the journey through changing leadership at GE post 2000 (their leadership have been case studies for over a century). With traditional business of oil & gas, healthcare, aviation and power struggling for GE, they might consider a big bet on renewable or changing their operational structure entirely.
