General Electric warns more pain ahead as pandemic deals $1 billion cash hit

(Reuters) - General Electric Co said on Wednesday the coronavirus pandemic dealt a $1 billion(805.74 million pounds) blow to cash flow at its industrial business in the first quarter, while total revenue fell almost 8% and the company warned the damage would worsen in the next three months.GE's share were at $6.60 in premarket trading, down from $6.80 at yesterday's market close.The Boston-based conglomerate had earlier this month pulled its 2020 forecast, citing uncertainties created by the..