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GE’s stock dives after Warren Buffett’s negative outlook, ‘permanent’ job cuts at Aviation

4 May 2020

Shares of General Electric Co. dropped Monday, after a downbeat outlook from billionaire investor Warren Buffett, and as the company’s Aviation business indicated it would cut as many as 13,000 jobs this year as effects of the coronavirus pandemic are expected to continue for some time.


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This content was originally published by MarketWatch.com - Top Stories. Original publishers retain all rights. It appears here for a limited time before automated archiving. By MarketWatch.com - Top Stories

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