GE CEO says China tariffs' 'gross cost' could be $400 millionGeneral Electric Co, a major buyer of Chinese goods, estimates new tariffs on its imports from China could raise its costs by $300 million to $400 million overall before steps to lessen the impact, Chief Executive John Flanne…Read More
Baker Hughes second quarter profit misses estimate; outlook upbeatBaker Hughes, General Electric Co's oilfield services arm, on Friday reported a slight profit miss on weaker revenues in its oilfield equipment and turbomachinery businesses, but delivered an upbeat outlook for the second hal…Read More
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