GE’s CEO may have what it takes to revive its power division

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General Electric CEO Larry Culp has simplified the company’s report techniques and could be on the right path to fix the challenges in its power division, CNBC’s Jim Cramer said Wednesday.

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Culp, who became chief of GE in September, delivered his first annual letter to shareholders on Tuesday that Cramer said made a significant departure from pages of “incomprehensible” numbers about each of the conglomerate’s…

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