Industrials

Carnival Costa Group Chief to Retire

The chief executive of Carnival's unit whose ship got into a deadly, and highly publicized, accident off of the coast of Italy is retiring on July 1, but will remain on the cruise operator's board.

Hit by Weak U.S. Volumes, Kellogg Slashes Outlook

Kellogg slashed its 2012 earnings guidance on Monday as the world’s largest cereal maker was struck by weak U.S. volumes and trouble in Europe that fueled a weaker-than-expected first quarter.

Will China Troubles Resurrect Made-in-America Brand?

The push by Apple contractor and manufacturing behemoth Foxconn to clean up working conditions in China underscores a desire for worker equality that has swept across emerging-market countries in recent years.

Acquistions Help Fuel 29% Jump in 1Q Net at Caterpillar

Economic bellwether Caterpillar generated a stronger-than-expected 29% leap in first-quarter profits as the world’s largest maker of construction equipment capitalized on new acquisitions and strong demand.

United Tech Beats Street on Profit, Misses on Sales

United Technologies posted a first-quarter profit that beat expectations on strong demand for residential heating and cooling systems. However, the blue-chip manufacturer's revenue came in short of forecasts.