General Motors warned on Friday that expansive U.S. tariffs on imported vehicles being considered by the Trump administration could lead to “a smaller GM” and risks isolating U.S. businesses from the global market.
Kroger Co. delivered stronger than expected earnings and sales, sending its stock up 9.7 percent as investors welcomed evidence that the grocer is growing even as it overhauls operations to compete with Amazon.com Inc. and discounters.
John Flannery’s breakup plan will trim General Electric down to three businesses, all of which are built around the manufacture and sale of equipment that shares the common theme of spinning around and making electricity.