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General Electric is under such financial stress that new CEO Larry Culp is slashing the troubled conglomerate's 119-year-old dividend to just a penny a share.GE revealed on Tuesday worse-than-expected results and a billion accounting writedown for its beleaguered power division. Culp plans to split up the power division to accelerate a turnaround.The company also announced that the SEC and Justice Department are investigating the charge, which reflects the deterioration of businesses GE has acquired. The news adds to GE's mounting legal problems and helped send the stock to a nine-year low in volatile trading.In a bid to fix GE's debt-riddled balance sheet, Culp announced the company will cut its quarterly dividend from 12 cents a share starting in 2019. By paying just a token dividend, GE (GE) will save about .9 billion of cash per year.Analysts had been anticipating a potential dividend cut, though not one of this magnitude.It's an especially painful move for a company that long viewed its stable dividend as a source of pride. But years of bad decisions forced GE to halve its dividend last November for just the second time since the Great Depression. The dividend cuts deal a blow to the many GE retirees and mom-and-pop shareholders who long relied on the cherished payouts."We are on the right path to create a more focused portfolio and strengthen our balance sheet," Culp said in a statement.Culp, who was suddenly named CEO on October 1, acknowledged during a conference call "this is not a quarter that we're particularly proud of." 1572

Grocery workers continue to be on the front lines during the pandemic.United Way and Kendall-Jackson are now teaming up to get grocery workers more help through a national relief fund they've created.“What we have seen across the county in other disasters natural disasters is that initially there's this outpouring of support and people want to donate, but then it really starts to wane and lag just as the needs are starting to get even bigger,” said Suzanne McCormick, U.S. President of United Way Worldwide.The Grocery Worker's Relief Fund will be available to anyone currently employed by a grocery store.The fund will be giving out 0 per person on a gift card. Anyone who applies will also be connected with the 211 social services helplines in their area to see if they have other needs.United Way says housing insecurity is one of the top issues people are calling 211 about right now.Mental health has also become a much bigger concern among the people who are calling.“While people might call for financial assistance our call specialists who are trained as they start to enter into dialogue, they do discover that there's more there that the person might have anxiety,” said McCormick. “They might be in a domestic violence situation or have very serious mental health issues.”Grocery workers can start applying for the relief fund on October 1 on the United Way website. If you would like to donate to the fund, you can do that there as well. 1465

From the value meals and dollar menus, fast-food restaurants know how to do it fast and cheap. However, over the past decade, prices have been slowly going up.Datassential, a research company studying restaurant menu trends, found median fast-food hamburger prices have jumped by 54 percent.   At McDonald’s, a Double Quarter Pounder with Cheese meal will cost you almost . At Burger King, the Ultimate Bacon Cheeseburger meal is almost . So, what’s behind the hike in prices?  Well, if you're a fan of places like Chipotle and Five Guys, that's why.A burger and fries at a Five Guys will cost you around . Casual restaurants like Five Guys have become so popular that fast-food joints like Burger King and McDonald’s realize consumers are willing to pay a few bucks more for food.  Additionally, fast-food workers are finally getting paid a bit more, so in order to offset that cost, chains are charging more for food.But despite the rise in prices, the chains still offer a quick meal and serve up great deals throughout the year. 1077

Home Depot and Lowe's are lending a helping hand to the next generation of construction workers. Right now there are about 158,000 unfilled construction jobs in the U.S and both home improvement stores plan on training thousands of people for free.Home Depot announced it is committing million to skilled trades training to those who need it the most. It is bringing shop class back for the next ten years. The trade skills are for jobs like plumbers, electricians and carpenters just to name a few.The training program at Home Depot will be offered to veterans and underserved high schoolers nationwide, and you don't have to work for Home Depot.As for Lowe's, its training program is called “Track to the Trades” and it’s for current employees.The program will offer employees financial assistance to pursue certifications for trade skills and receive additional academic coaching. Plus, it will help people get full-time positions at Lowe’s if they want to stick around.If you’re looking for a part-time job right now, Lowe's and Home Depot are currently hiring more than 130,000 people this spring. 1124

Hospital employees from the Naval Hospital Jacksonville have been removed from patient care after disturbing photos involving newborns went viral on Monday.The viral post, that has been shared more than 185,000 times, shows screenshots taken from the employees' Snapchat accounts. In the images, the employee is seen sticking up her middle finger to a newborn, captioned with "How I currently feel about these mini Satans." The post also explains that in one of the Snapchat screenshots, the "navy nurse" and her friend held up the baby, making the baby dance to rap music.The Naval Hospital Jacksonville posted a statement addressing the photos on their Facebook page: 702