General Electric is facing a potential $7 billion increase in its pension funding gap this year due to a sharp decline in interest rates.
News & Analysis: General Electric
This decision hit Trump right in the pocketbook.
The industrial conglomerate is continuing the process of cleaning up its balance sheet by selling another big chunk of its stake in Baker Hughes, a GE Company.
The broader market was lifted on Wednesday by mild optimism about inflation and the U.S./China trade war.
The hot exercise hardware and software purveyor slaps a price tag on its stock, while General Electric is raising funds through its latest asset sale.
And why investors shouldn't panic.
Is GE really "a bigger fraud than Enron"?
Baker Hughes is starting to see some positives on the horizon, but is it enough to make it worth buying?
Analysts are pushing back at the worst-case scenarios.
Two iconic names on Wall Street, but very different investment choices. Which one is better? It's an easy call.