General Electric today reported a decline in second-quarter earnings.
The company, whose other businesses range from television broadcasting to jet-engine manufacturing, said earnings fell to $3.8 billion, or 38 cents a share, from $4.42 billion, or 44 cents a share, a year earlier.
The fall comes amid fewer gas turbine shipments as the conglomerate's plastics business continued to suffer from high costs for raw materials such as oil and benzene.
