In a further indication of the stress rippling through the construction and mining sectors, Caterpillar Inc. reported its biggest decline in global machine sales since the end of 2016.
March 12, 2020Latest News Updates From Joe Deaux
Caterpillar’s 2020 Outlook Adds More Gloom to Markets
Caterpillar Inc., a worldwide barometer for manufacturing, is warning of more pain to come for the global economy in 2020.
January 31, 2020GM Strike Sends Another Knock to Wobbly US Steel Sector
With its midyear recovery already in doubt, the American steel industry now has a little more to worry about with each passing day a strike drags on at General Motors Co.
October 8, 2019Aluminum Giant’s CEO Sees Trade War’s Lasting Impact on Use
The trade war between the U.S. and China that’s clouded the global growth outlook will have a lasting negative effect on aluminum demand, Norsk Hydro ASA CEO Hilde Merete Aasheim said.
July 26, 2019Caterpillar Tops Estimates, but Investors See ‘Cracks’ in Other Businesses
Impressive results in Caterpillar Inc.’s mining business weren’t enough to assuage investor concerns about the outlook for its other businesses for the rest of the year.
April 24, 2019Caterpillar 4Q Profits Tumble; Trade With China Cited
Caterpillar Inc. posted the biggest quarterly profit miss in a decade as a China slowdown hit demand for its signature yellow construction and mining equipment.
January 28, 2019Caterpillar Sales Boom Can’t Save It From Trade-War Carnage
The world on the cusp of a trade war has spooked investors, and few companies are feeling the fright more than Caterpillar Inc.
June 20, 2018Caterpillar Gives Vote of Confidence to Global Economy
Caterpillar Inc. raised its earnings forecast in a sign that industries from mining to energy are gaining momentum amid a stronger global economy — assuming no trade wars.
April 24, 2018Caterpillar Tops Estimates Again With a Bright Outlook for 2018
If you want more evidence of a broadening expansion in the global economy, look no further than Caterpillar Inc.
January 25, 2018Mining Giant Vies With Tech Firms for Workers in Push for Self-Driving Trucks
Rio Tinto Group, the world’s second-largest mining company, is focused as much on driver-less trucks and automated drills as conventional shovels and loaders these days. That means it needs a whole lot more high-tech workers.
October 4, 2017Trending
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