Baker Hughes joins oil rivals in pausing Russian operations

FILE - The logo for Halliburton appears above a trading post on the floor of the New York Stock Exchange, Monday, April 23, 2018. U.S. oil field services companies Halliburton Co. and Schlumberger are suspending their operations in Russia as the Houston, Texas-based businesses react to U.S. sanctions over Russia’s invasion of Ukraine. (AP Photo/Richard Drew, File)

NEW YORK — U.S. oil field services company Baker Hughes said Saturday that it was suspending new investments for its Russia operations, a day after similar moves were announced by rivals Halliburton Co. and Schlumberger.