Edition:
United States

John D. Stoll

Ford's gearhead gadfly may skip the annual meeting

May 09 2012

Ford Motor Co's shareholders meeting has been a less colorful affair since Daniel Karpen stopped attending.

Preview - Ford's gearhead gadfly may skip the annual meeting

May 09 2012

Ford Motor Co's shareholders meeting has been a less colorful affair since Daniel Karpen stopped attending.

Governor Snyder, "one tough nerd," faces Michigan's woes

May 08 2012

DETROIT Rick Snyder is no stranger to being kicked around.

Governor Snyder, 'one tough nerd,' faces Michigan's woes

May 08 2012

DETROIT Rick Snyder is no stranger to being kicked around.

Caterpillar workers strike; rejected signing bonus

May 01 2012

About 800 workers at a Caterpillar Inc plant in Joliet, Illinois went on strike early Tuesday morning less than two days after rejecting a six-year contract that included a $5,000 ratification payment and participation in the company's annual bonus plan.

Caterpillar profit up; outlook seen as modest

Apr 25 2012

Caterpillar Inc reported a 29 percent rise in first-quarter profit on Wednesday and beat analyst expectations as the company relied on its growing mining business and sales to U.S. buyers looking to replace aging equipment.

New 3M CEO eyes natural resources, aero for growth

Apr 24 2012

3M Co is eager to make a deeper foray into natural resources and aerospace markets to expand beyond consumer products like Scotch Tape, sand paper and touch-screen displays, new chief executive Inge Thulin said Tuesday.

GE CEO says electric car disappointment will fade

Apr 24 2012

DETROIT General Electric Co Chief Executive Jeff Immelt said people "may be disappointed in the adoption of the electric vehicle" but his company will continue investing in battery technology to reflect its confidence in an eventual uptick.

Caterpillar's big bet on the U.S. economy

Apr 09 2012

VICTORIA, Texas It hasn't been long since Caterpillar Inc looked like the typical resident of the Rust Belt. Having misjudged how deep the U.S. economy would decline, the world's largest maker of construction machinery reduced its workforce by 33,000 people worldwide in 2009, closed plants and posted lower profits.

Detroit avoids state takeover, more oversight looms

Apr 04 2012

DETROIT Detroit avoided a takeover by the state of Michigan on Wednesday after both a review team and the city council approved a consent agreement that will put the city's struggling finances under stricter control.

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