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Welch Leaves Reuters, Fortune After Twitter-Post Backlash

Jack Welch, the former chief executive officer of General Electric Co., will stop writing for Thomson Reuters Corp. and Fortune magazine after backlash to his Twitter post suggesting President Barack Obama’s administration manipulated employment data for political gain.

Welch sent an e-mail to Reuters Editor-in-Chief Steve Adler and Fortune Managing Editor Andy Serwer saying he and his wife, Suzy, were terminating their contract and would no longer contribute to Reuters or Fortune. The print title had agreed to pick up the column. A Reuters spokeswoman, Barb Burg, confirmed Welch was leaving.