Industrials

GE shares jump 5% on earnings surprise

General Electric Co. (GE) on Tuesday reported first-quarter net income of $3.59 billion, after reporting a loss in the same period a year earlier.

Drought hits Panama Canal shipping, highlights climate fears

An intense drought related to this year's El Nino phenomenon has precipitously lowered the level of Panama's Gatun Lake, forcing the country's Canal Authority to impose draft limits this week on ships moving through the waterway's recently expanded locks.