Dow Jones Will Remove GE

Wikipedia General Electric is set to be booted from the Dow Jones industrial average and will be replaced by Walgreens Boots Alliance, the index's committee announced on Tuesday. GE was the last-standing member of the 1896 Dow. Today, the index is more diverse than the original list of industrial companies. General Electric is set to lose its place as the last-standing member of the 1896 Dow Jones industrial average.