GE Beats Earnings Estimates and 4 Other Stories You Must Know Friday Morning

As investors react to the latest round of earnings from GE, these are the headlines you must know.
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Here's everything you must know before Friday's opening bell:

    General Electric  reported first-quarter adjusted profit of 16 cents a share, topping Wall Street forecasts of 12 cents.

    Wells Fargo is reportedly close to settling a record $1 billion fine imposed on its risk management business by 2 U.S. regulators.

    ZTE Corp. , one of China's biggest tech companies, warned that a ban on access to U.S. technology threatens its survival.

    Qualcomm began laying off employees in an effort to shed $1 billion in expenses.  

    U.S. stock futures pointed higher. 

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