Latest Caterpillar Inc News

Slowing global growth hits Caterpillar in 3Q

Oct. 23, 2019 5:08 PM EDT

NEW YORK (AP) — A slowing global economy is taking a toll on Caterpillar, which cut its outlook for the year Wednesday after profits and revenue slid in the third quarter. Hinting at a pull-back in spending by builders, dealers slashed inventories by about $400 million. That's a $1.2 billion swing from...

Pence says Trump campaign will be in Arizona “a lot” in 2020

Oct. 3, 2019 5:09 PM EDT

SCOTTSDALE, Ariz. (AP) — Vice President Mike Pence says he and President Donald Trump are “going to be in and out of Arizona a lot” during the 2020 campaign. Pence told reporters Thursday after an event in Scottsdale that the Trump campaign will appeal to Hispanic voters in Arizona with a...

US factories shrink for 1st time in 3 years amid trade war

Sep. 3, 2019 4:32 PM EDT

WASHINGTON (AP) — The U.S.-China trade war and slower global growth are weighing on the U.S. economy, reducing factory output in August for the first time in three years. A survey by the Institute for Supply Management, an association of purchasing managers, on Tuesday showed that factory production and...