Caterpillar 1Q profit shrank; cuts 2013 outlook
A slowdown in the mining business is digging a hole in Caterpillar's profits. First-quarter profit shrank 45 percent and Caterpillar has lowered its ...
Oil stays above $88 per barrel
The price of oil rose modestly above $88 a barrel Monday as traders returned to commodities after big sell-offs last week. By early afternoon in ...
Investors who stood by Boeing reap reward
Investors who stood by Boeing during its 787 crisis have been rewarded. Things looked bad three months ago. Boeing's flagship plane was grounded ...
Weak economic reports send stock market lower
Weak reports on hiring and service industries sent the stock market sharply lower Wednesday, giving the Dow Jones industrial average its worst day in ...
Workers protest to get EU leaders to end austerity
Some 10,000 workers from across the European Union protested outside a summit of EU leaders Thursday, demanding they end years of austerity and focus ...
Iraqi divers retrieve bodies after boat accident
Divers worked through the night and into Friday in murky waters to recover bodies from a partially sunken floating restaurant in Baghdad after an ...
Caterpillar to cut 1,400 jobs at plant in Belgium
Construction equipment maker Caterpillar says it will cut more than one in three jobs at its Belgian plant because of high labor costs and sluggish ...
Stocks drop following Fed doubts about stimulus
The stock market posted its biggest loss this year on news that Federal Reserve officials suggested the central bank scale back its effort to keep ...
Fiat Industrial sees growth from US unit merger
Italian heavy-duty vehicles maker Fiat Industrial reported a 20 percent increase in fourth quarter profit Thursday and forecast revenue would increase ...
Caterpillar sees uncertain 2013 after tough 4Q
Caterpillar said on Monday that its 2013 profit could shrink if the world's economy doesn't pick up in the second half of the year, as mining ...
US stocks close mixed on uneven economic signals
U.S. stocks meandered between small gains and losses Monday, cooling off after a rally that had pushed the Standard & Poor's 500 index above 1,500 for ...
US stocks mixed after strong Caterpillar earns
U.S. stocks were mixed in midday trading despite of encouraging signs about the manufacturing sector, a key driver of economic growth. The Dow Jones ...
Fiscal cliff splits big, small businesses on taxes
The "fiscal cliff" debate is splitting the business community over taxes, driving a wedge between two natural Republican allies: the nation's ...
Fiat Industrial and CNH reach merger agreement
The Italian heavy-duty vehicles maker Fiat Industrial reached an agreement Monday for a full merger with its U.S. subsidiary, the farm equipment maker ...
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