Swiss engineering firm ABB Group agreed to buy General Electric’s circuit breaker and other electrical equipment unit for $2.6 billion.
New GE Ceo John Flannery already pledged to cut costs, and he's said to be reviewing each of the company's businesses.
Zurich-based ABB will be able to use the GE unit, dubbed GE Industrial Solutions, to broaden its electrification business globally.
Read more from The New York Times.
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The 21-year-old is working to graduate in May while cultivating her small business.
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