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Heavy-equipment maker Caterpillar Inc. reported a 45% drop in first-quarter profit and cut its full-year outlook amid a slowdown in its mining business. The Peoria, Ill., company said mining companies continue to reduce their spending and new...
Here in Chicago, where locals intuitively know a wink and a nod might have as many different meanings as Tom Skilling has descriptions for precipitation, we should well understand the difficulties faced by companies looking to do business in emerging...
When lawmakers raised taxes on Illinois residents and businesses, they also increased corporate income tax breaks for a select group of companies. In 2011, businesses were eligible to claim about $161 million in tax credits — double from the...
MINNEAPOLIS (AP) - Caterpillar's fourth-quarter net income fell by half after it took a big charge for a deal in China that went bad, and because of slower growth in China and economic uncertainty in the U.S. and Europe. Still, its adjusted profit and...
Tags: China, Earnings Forecasts
WASHINGTON (AP) — The U.S. economy unexpectedly shrank from October through December, the first quarterly drop since 2009 and a reminder of the economy's vulnerability as automatic cuts in government spending loom. The Commerce Department said the...
INDIANAPOLIS (AP) — Indiana's manufacturing industry has seen its recovery stall, and experts predict things will get worse as many of the state's largest companies feel the effects the European financial crisis and slowing growth in China. The U....
On the big screen, a hero's mettle is established by showing how much punishment the star can withstand and how daunting the obstacles are while ultimately getting the job done. Early in the latest James Bond movie, "Skyfall," an assassin seeks to escape...
Rotary Club’s community fall project deemed a success The first annual “Stuff the Bus Project” in Boyle County raised 628 pounds of school supplies that will be distributed through area Family Resource and Youth Services Centers. The...
TribLocal - Joliet » NewsCaterpillar Inc. officials showed reporters around its Joliet plant Friday, a move aimed at sending a message that it can produce parts without the about …...
Alan Travis Beimfohr, 67, of Newport Beach, California, passed away peacefully at home on April 17, 2012, surrounded by his devoted wife Linda, his loving children Alison, Nick and Kurt, and his brother Ed. Alan was born on January 4, 1945 in Ft. Riley,...
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Nov 4, 2012 |Story| AP Broadcast
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Dec 6, 2011 |Column| Chicago Tribune
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