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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

GREENWOOD, Ind. — An Indiana family is asking for help to identify a driver who was caught on camera plowing through their yard to destroy their Christmas decorations. The video starts with a man getting out of his black SUV and then walking up to take a closer look at the front yard where Casie Arnold says her family had a giant inflatable Christmas decoration. The man then gets back into his vehicle, backs up and plows straight through the family's yard and over the top of that 12-foot inflatable decoration. Neighbor cameras caught the whole thing on surveillance video, which you can see below.  642

Hillary Clinton says she's "convinced" there was collusion between Russia and members of Donald Trump's team during the 2016 campaign, according to a Monday night interview with USA Today.When asked if she believes that there was collusion by Trump associates with Russians during the campaign, Clinton said: "I'm convinced of it.""I happen to believe in the rule of law and believe in evidence, so I'm not going to go off and make all kinds of outrageous claims," the former Democratic presidential hopeful said. "But if you look at what we've learned since (the election), it's pretty troubling."Ahead of the release of her new memoir, "What Happened," Clinton has been discussing her experiences from the campaign trail and the time following her loss to Trump. 772

Halloween may be a little spookier this year. A blue moon is set to light up the sky on Oct. 31.Many have heard the phrase, “once in a blue moon.” It refers to something rare, just like this celestial event. NASA says we’re only treated to blue moons every two and a half years, on average.A blue moon is the second full moon in a calendar month, according to modern folklore. And since there are 29 days between moons and most months have 30 or 31 days, having two full moons in a month doesn’t happen often.The next blue moon isn’t expected until Aug 31, 2023, according to MoonGiant.com.Don’t expect a giant blue orb in the sky though. These moons look the same as any other.Before the blue moon on Halloween, another full moon will appeared in the sky on Oct. 1. The first was called the harvest moon and the second will be referred to as the hunter’s moon, according to the Old Farmer’s Almanac.The Farmer’s Almanac says a full moon on Halloween is also rare and only happens every 18 to 19 years. 1010

Frito-Lay is voluntarily recalling select half-ounce bags of Smartfood Delight Sea Salt Flavored popcorn due to an allergy concern.Certain bags of the popcorn product were inadvertently filled with cheese flavored tortilla chips that contain undeclared milk ingredients. The food item is sold individually and in two different variety packs."People who have an allergy or severe sensitivity to milk run the risk of a serious or life-threatening allergic reaction if they consume the product contained inside the recalled Smartfood Delight Sea Salt Flavored popcorn bags," the recall states.The popcorn was sold at retail locations in the following states: Alabama, Arkansas, Colorado, Florida, Georgia, Iowa, Illinois, Indiana, Kansas, Kentucky, Louisiana, Michigan, Minnesota, Missouri, Mississippi, North Carolina, North Dakota, Nebraska, New Mexico, Ohio, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Virginia, Wisconsin, West Virginia and Wyoming.They were also distributed through e-commerce websites.How can you tell if your food is affected? The recalled popcorn was packaged in variety packs that have these "use by" dates and 11-digit manufacturing codes printed on the outer packaging: 1241