A lawyer for the committee representing wildfire victims in the bankruptcy of PG&E Corp said at a hearing on Monday that the committee sees $13.5 billion as the cost to the power provider for paying claims of the victims.
Tusa, the most bearish analyst on GE's stock, has gained a following in recent years.
U.S. stocks were down slightly in late afternoon trading on Monday as reports on the trade front kept investors cautious ahead of scheduled talks later in the week.
Oil prices settled lower on Monday, paring earlier gains as hopes of a comprehensive U.S.-China trade deal faded and a new poll showed analysts expected U.S. oil crude inventories to have risen last week.
Microsoft shares added 0.6% in after hours trading to $137.91 on Monday after the call.
President Donald Trump on Monday sounded an optimistic note about this week's negotiations with China to end the trade war between the two global economic super powers, adding that he would not be satisfied with a partial deal.
Wall Street equity indexes ended a volatile session lower on Monday while oil prices gave up early gains and the dollar rose as investors looked for safety ahead of U.S.-China trade talks.
U.S. stocks eased on Monday as reports on the U.S.-China trade front kept investors cautious ahead of scheduled talks later in the week.
The U.S. Commerce Department will add 28 Chinese public security bureaus and companies - including video surveillance company Hikvision - to a U.S. trade blacklist over the treatment of Uighur Muslims and other predominantly Muslim ethnic minorities, sources briefed on the matter said.
Airbus sold 41 jets in September and processed cancellations for nine jets including five originally sold to Norwegian Air , leaving the European firm ahead of Boeing Co in a relatively slow year for an industry distracted by safety and trade headlines.
The Southwest Airlines Pilots Association (SWAPA) said on Monday it filed a lawsuit against Boeing Co alleging that the grounding of the planemaker's 737 MAX aircraft had caused over $100 million in lost wages.
The U.S. Commerce Department said on Monday it was putting 28 Chinese public security bureaus and companies - including video surveillance company Hikvision - on a U.S. trade blacklist over Beijing's treatment of Uighur Muslims and other predominantly Muslim ethnic minorities.
Oil shipping rates are soaring following a series of sanctions on a Chinese transportation giant and limitations placed on movement of Venezuelan crude oil tankers.
The Southwest Airlines Pilots Association (SWAPA) said on Monday it had filed a lawsuit against Boeing Co alleging that the planemaker "deliberately misled" the airline and pilots about its 737 MAX aircraft.
Kroger Co and Walgreens Boots Alliance Inc said on Monday they would stop selling e-cigarettes at their stores, amid heightened regulatory scrutiny of the product and reports of lung disease and some deaths linked to vaping.