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Wednesday, October 28, 2020

GE's shares soar as earnings recover from pandemic lows


GE's shares soar as earnings recover from pandemic lows



General Electric Co. on Wednesday unexpectedly reported a quarterly profit and a positive cash flow on the back of cost cuts and improvements in its power and renewable energy businesses, sending its shares 10% higher.

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Train drivers accept pay deal to end strike action

Aslef said 96.6% of its members who voted backed the deal, marking the end of long-running strikes. from BBC News https://ift.tt/LxCn1G9