Joe Deaux

2 weeks ago | bloomberglinea.com.br | Jacob Lorinc |Joseph Deaux |Joe Deaux |Angus Mordant

Bloomberg — A Caterpillar espera vendas ligeiramente menores este ano, se as tarifas do governo Trump permanecerem em vigor e a economia entrar em recessão no segundo semestre. A orientação, em linha com as expectativas anteriores, veio no momento em que a fabricante de equipamentos pesados divulgou lucros do primeiro trimestre que ficaram aquém das estimativas dos analistas.

2 weeks ago | news.bloombergtax.com | Jacob Lorinc |Joseph Deaux |Joe Deaux

Caterpillar Inc. expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half. The guidance, in line with previous expectations, came as the heavy-equipment maker posted first-quarter earnings that fell short of analysts’ estimates. The company painted two scenarios in its results’ presentation, forecasting operating profit to be within its annual target range if factoring in tariffs and a recession.

3 weeks ago | japantimes.co.jp | Joseph Deaux |Joe Deaux

Selling United States Steel to Nippon Steel would pose a risk to national security as well as to the entire American steel industry, the United Steelworkers (USW) said in a letter to Treasury Secretary Scott Bessent. The influential union that runs most of the steelmaker’s plants said the risks cannot be overcome in any scenario in which Nippon Steel exercises influence over U.S. Steel’s decision-making.

3 weeks ago | news.bloombergtax.com | Joseph Deaux |Joe Deaux

Selling United States Steel Corp. to Nippon Steel Corp. would pose a risk to national security as well as to the entire American steel industry, the United Steelworkers said in a letter to Treasury Secretary Scott Bessent. The influential union that runs most of the steelmaker’s plants said the risks cannot be overcome in any scenario in which Nippon Steel exercises influence over US Steel’s decision-making.