In the 1980s and 1990s, legendary CEO Jack Welch turned GE into the biggest and most complex conglomerate on the planet. Now the new boss, John Flannery, is trying to fix the company by doing the exact opposite. The sell-off amounts to a rejection of the conglomerate model itself. GE wants to focus its attention on what it believes it does best: making power plants, jet engines and health care products like MRI machines.

As shopping malls struggle to survive in the era of Amazon, communities are looking for new uses for all the retail space. Some empty stores are finding another life as trampoline parks, offices, college classrooms and churches. At the vacant Macy’s in Alexandria, Va., the Carpenter’s Shelter, a nonprofit group, moved into its temporary home last weekend. The former store now provides 60 beds, hot meals and showers.

Cashback and mobile shopping app Ibotta is honoring dads with its second annual “Hops for Pops” free beer rebate. And that's only the start of a long list of freebies and deals for dads this Father's Day. As for Ibotta, dads can collect when they order a beer at any bar and restaurant nationwide Sunday, earning back $5 through the smartphone program.

The Dove Men+Care campaign, called #DearFutureDads, champions greater access to paternity leave policies to enable men around the world to be the parents they want to be. The initial movement features a dedicated website and supporting campaign video. The digital resources hub on the Dove Men+Care website includes information and guidance for men who are considering taking paternity leave. 

And you thought the $1,000 iPhone X was pricey. According to a new report, Samsung's first foldable phone, the Galaxy X, will cost a pretty penny when it's introduced next year. As reported by The Korea Times, the head of research at Golden Bridge Investment claims that the Galaxy X could cost as much as 2 million without a carrier subsidy, which would come out to about $1,841 in today's U.S. dollars.

The most profound effect of Amazon’s 25-year reign as the pacesetter in shopping convenience is the dramatic increase in shopper expectations for delivery. A whole generation of Millennials — larger than the Baby Boom — is gladly eliminating traveling to buy everyday items, and certainly Gen Z, now reaching their early 20s, will insist on nothing less than home delivery as an everyday option.

GOP gubernatorial candidate Marc Molinaro slammed Gov. Andrew Cuomo for steering a $1 million state grant to luxury automaker Cadillac to spruce up its office building space in lower Manhattan. Molinaro is calling on Cadillac to return the money. “Cadillac didn’t need a million bucks from cash-strapped New Yorkers to stay in New York City, and for Mr. Cuomo to suggest otherwise is preposterous on its face,” Molinaro said.

It’s nearly time for one of the most famed motorsport outings: the 24 Hours of Le Mans. Ahead of the race this weekend, Corvette Racing released a hype video to get fans excited. The video shows scenes from previous Le Mans races in the reflection of the Corvette C7.R racer, and we must say, Even if you don’t happen to follow motorsports or Corvette Racing, the short film is enough to give any Corvette enthusiasts some chills.

Autonomous 16-passenger vehicles would zip back and forth at speeds exceeding 100 mph in tunnels under a high-speed transit proposal being negotiated between Chicago Mayor Rahm Emanuel’s City Hall and billionaire tech entrepreneur Elon Musk’s The Boring Co. Emanuel’s administration has selected Musk’s company from four competing bids to provide high-speed transportation between downtown and the airport. 

From a lab at Oregon State University, Sarah Masoni works with companies big and small to create flavors, develop products and market them. Masoni is not a trained chef, a food scientist or even a typical food fanatic. Rather, she is a professional food designer — skilled in building flavors and textures, versed in arcana like the aftertastes of alternative sweeteners and the umami of dried yeasts.