GE sees long recovery ahead after progress on costs, cash

General Electric Co. predicted slow gains in operations this year and next after the coronavirus pandemic battered results in the second quarter. The jet-engine division has tracked “early signs of improvement” in flight departures on the path to a lengthy recovery, GE said in a presentation as it reported results. The company burned through $2.1 billion in […]

Will the lights go out at Ex-Im?

The US Export-Import Bank is now officially in limbo. For much of the last week, the attention of most news media in the US has been on landmark Supreme Court decisions on the contentious subjects of the Affordable Care Act and same-sex marriage. But while the spotlight was on the Supreme Court, the US Congress […]
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