Latest Industrial equipment manufacturing News

Caterpillar, JetBlue fall; Uber, SunPower rise

Aug. 02, 2022 16:23 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Tuesday: Caterpillar Inc., down $11.35 to $183.51. The construction equipment maker's second-quarter revenue fell short of Wall Street forecasts. Uber Technologies Inc., up...

Stocks start August with slide after best month since 2020

Aug. 02, 2022 03:07 AM EDT

Stocks on Wall Street gave up early gains and closed slightly lower Monday as investors began another busy week of company earnings and economic reports. The S&P 500 gave up an early gain to end down 0.3%. The Dow Jones Industrial Average dipped 0.1% and the Nasdaq fell 0.2%....

Elevator project in Old Jerusalem leads to surprising finds

Jul. 20, 2022 08:01 AM EDT

JERUSALEM (AP) — Installing an elevator doesn't normally involve a 2,000-year plunge into an ancient city's history. But in Jerusalem, even seemingly simple construction projects can lead to archaeological endeavors. Archaeologists from the Hebrew University of Jerusalem say they...

Coroner: Missing S. Carolina man fell into plastic shredder

Jul. 07, 2022 19:56 PM EDT

SPARTANBURG, S.C. (AP) — Dried blood found at a recycling plant is that of a 20-year-old who was reported missing there two months ago, a South Carolina coroner said. Duncan Alexander Burrell Gordon, of Greer, was reported missing in early May from the recycling plant where his...

Fix the Hog: Harley, Westinghouse ordered to fix warranties

Jun. 23, 2022 17:28 PM EDT

WASHINGTON (AP) — Federal regulators have accused Harley-Davidson and Westinghouse of imposing illegal warranty terms on customers and ordered them to fix their warranties and ensure that their dealers compete fairly with independent repair-makers. The companies have imposed...

Former Tesla worker rejects $15 million award in racism case

Jun. 22, 2022 22:54 PM EDT

A Black former Tesla worker who said he was harassed and faced with “daily racist epithets,” including the “N-word,” while working at the company's Fremont, California, plant has rejected a substantially reduced award of $15 million in his lawsuit. Owen Diaz, who worked at...

Drone strike hits Russian refinery near Ukraine

Jun. 22, 2022 07:23 AM EDT

MOSCOW (AP) — A drone strike caused a fire at a refinery in southwestern Russia near the border with Ukraine on Wednesday, but no one was hurt and the blaze was contained quickly, officials said. The fire engulfed industrial equipment at the Novoshakhtinsk oil processing plant in...

Biden's optimism collides with mounting political challenges

Jun. 18, 2022 09:02 AM EDT

WASHINGTON (AP) — Democrats are going to hold onto the House after November's midterm elections. They will pick up as many as four seats in the Senate, expanding their majority and overcoming internal dissent that has helped stifle their agenda. As the challenges confronting...

Caterpillar moving its headquarters to Texas from Illinois

Jun. 14, 2022 16:16 PM EDT

DEERFIELD, Ill. (AP) — Construction equipment manufacturer Caterpillar said Tuesday it is packing up its headquarters from its longtime home state of Illinois and moving to Texas. Caterpillar Inc. said that it’s transferring its global base to the Dallas suburb of Irving, from...

Senators urge CNH Industrial to offer striking workers more

Jun. 08, 2022 18:42 PM EDT

A group of U.S. senators led by Vermont independent Bernie Sanders is lending its support to workers at two CNH Industrial plants who have been on strike for better pay and benefits for more than a month. The group, which was also led by Wisconsin Sen. Tammy Baldwin and includes...