Caterpillar has lowered expectations for the year, blaming tariffs and China’s economic slowdown.
They might reveal how the broader economy is performing.
The heavy-equipment company says it has the “highest integrity.”
Heavy equipment maker Caterpillar is facing declines on par with those it faced during the Great Recession.
Caterpillar is now making Smartphones
Caterpillar is the latest company to come under the scrutiny of the Levin committee looking at tax avoidance by multinationals.
Some U.S. companies avoid American taxes by sending assets abroad
Profits at the big CAT are way down. Mining seems to have hit a wall.
Caterpillar reported disappointing earnings this morning. The heavy-equipment maker announced its profits are down 45 percent and also cut its forecast for the rest of the year.
What a construction giant tells us about the larger economy, and what happens now that unlocking your phone is illegal.
