3M to cut 2,000 jobs globally, lowers 2019 profit outlook
The job cuts, part of moves to restructure its businesses into four operating units from five, would result in an estimated annual pre-tax savings range of $225 million to $250 million, with $100 million in the remainder of 2019.
11 die as elevator cable snaps at work site in north China
Chinese state media say 11 workers were killed and two seriously injured when the cable on an elevator snapped at a construction site in northern China.
Boeing's troubled jet is costing $1 billion to fix so far
When Boeing releases first quarter results Wednesday, investors will be looking beyond profit and revenue numbers to clues about the fate of the company's best-selling plane and when it might fly again.
Correction: Zinke-Gold Mining Job story
Former U.S. Interior Secretary Ryan Zinke is quickly parlaying his time in President Donald Trump's cabinet into a lucrative private career.
Caterpillar 1Q beats forecasts as revenue grows 5%
Increased demand for construction equipment in North America helped push Caterpillar's revenue 5% higher and the company beat forecasts.
Ford to invest $500M in electric vehicle startup Rivian
Ford is sinking a half-billion dollars into electric vehicle startup Rivian in a deal that has the companies working together on a new generation of Ford vehicles based on Rivian underpinnings.
Caterpillar posts record 1Q profits amid fears of global economic slowdown
The international manufacturer reported first quarter profits of $1.9 billion, or $3.25 per share.
Ford to invest $500M in Rivian, co-produce new electric vehicle
The investment builds upon Ford's $11 billion effort to produce more emissions-free vehicles.
Boeing's 737 Max jet crisis hits profits, 2019 outlook delayed
The Chicago-based manufacturer earnings were bolstered by higher defense sales and service revenue.
China rejects 'unfounded hype' after GE spying accusation
China's government on Wednesday rejected accusations that it steals technology after a former General Electric Co. engineer and his Chinese business partner were indicted on charges of industrial spying.
Beijing celebration of building binge overshadowed by debt
Asian and African leaders plan to press China at a conference this week to reduce the politically volatile debt burden left by its Belt and Road Initiative to build ports and other trade-related infrastructure.
S&P 500, Nasdaq close at record highs as earnings roll in
Stocks moved broadly higher in early trading Tuesday as companies started to report their latest financial results in force.
Google's Wing Aviation gets FAA OK for drone deliveries
Google affiliate Wing Aviation has received federal approval allowing it to make commercial deliveries by drone.
Mississippi shipyard gets $746M contract for icebreaker
A Mississippi shipyard won a $746 million contract Tuesday to design and build the first of what could be three heavy polar icebreakers for the U.S. Coast Guard.
Kohl's wants more of your Amazon returns
Kohl's wants you to skip the post office and bring your Amazon returns to its stores.
Hasbro, Twitter and Coca-Cola rise while Verizon falls
Stocks that moved substantially or traded heavily on Tuesday: Coca-Cola Co., up 81 cents to $48.21 Strong demand for water and soft drinks drove better-than-expected first quarter results for the world's largest beverage maker.
Markets Right Now: S&P 500, Nasdaq close at record highs
The latest on developments in financial markets (all times local): 9:35 a.m.
Correction: Oklahoma-Boeing story
Boeing Co. has won a $14.3 billion contract to service and maintain all B-1 Lancer and B-52 Stratofortress bombers at Tinker Air Force Base in Oklahoma City.
United Technologies: 1Q Earnings Snapshot
United Technologies Corp. on Tuesday reported first quarter profit of $1.35 billion.
Tesla CEO plans to hand the car keys to robots next year
Tesla CEO Elon Musk appears ready to transform the company's electric cars into driverless vehicles in a risky bid to realize a bold vision he has been floating for years.











