Joseph Deaux

1 week ago | post-gazette.com | Rachel Phua |Joseph Deaux |Martin Ritchie |Evan Robinson-Johnson

Cleveland-Cliffs Inc. announced Wednesday that it would not be going ahead with plans to turn a massive warehouse in Weirton into a hub for electrical transformers. The West Virginia project, which had been expected to employ hundreds of United Steelworkers members, had been hailed by public officials when it was announced last summer. Cleveland-Cliffs had closed a tinplate mill there earlier that year.

2 weeks ago | financialpost.com | Jacob Lorinc |Joseph Deaux

Advertisement 1Caterpillar 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. Article content(Bloomberg) — 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. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.

2 weeks ago | ttnews.com | Jacob Lorinc |Joseph Deaux

Government Business Equipment April 30, 2025 11:23 AM, EDT Q1 Results Fall Short of Analysts’ Estimates Caterpillar is a bellwether for the health of the global economy. (Caterpillar Inc.) [Stay on top of transportation news: Get TTNews in your inbox.] 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.

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.