Edition:
United States

Rajesh Kumar Singh

Rear-view mirror: U.S. hiring boomed in February but coronavirus risks job cuts in future

Mar 06 2020

CHICAGO/NEW YORK A Florida toymaker plans layoffs. A Wisconsin construction gear manufacturer has frozen hiring. And a California cosmetics company has idled some production, leaving 20 temporary workers with no paycheck.

Harley-Davidson looks for new leadership to end its sales struggle

Feb 28 2020

Harley-Davidson Inc on Friday named a board member hailed for turning around the Puma brand's near-bankrupt business as its interim chief as the motorcycle maker gropes for an effective strategy to woo young customers and revive sales.

Deere's shares hit all-time high on unexpected rise in quarterly profit

Feb 21 2020

CHICAGO Deere & Co's shares hit an all-time high on Friday after the company reported an unexpected increase in first-quarter profit, but the world's largest farm equipment maker warned the outbreak of coronavirus would hit sales and earnings in the second quarter. | Video

U.S. manufacturers scramble for costly alternatives as coronavirus cuts Chinese supplies

Feb 20 2020

CHICAGO/NEW YORK The outbreak of coronavirus in China has forced U.S.-based suppliers to industrial giants such as Caterpillar Inc , Deere & Co and Komatsu Ltd to grapple with a surge in costs to avoid production disruptions.

Deere temporarily closes facilities in China due to coronavirus

Jan 31 2020

Deere & Co said on Friday it has temporarily closed its facilities in China because of the coronavirus outbreak until the company determines it appropriate to reopen.

UPDATE 2-Deere temporarily closes facilities in China due to coronavirus

Jan 31 2020

Jan 31 Deere & Co said on Friday it has temporarily closed its facilities in China because of the coronavirus outbreak until the company determines it appropriate to reopen.

Caterpillar's earnings add to industrial gloom

Jan 31 2020

Caterpillar Inc on Friday forecast worse-than-expected earnings for this year after reporting lower sales across all three primary segments in the last quarter, offering further evidence of strains in the U.S. industrial economy. | Video

Harley-Davidson's sales growth struggle sends shares tumbling

Jan 28 2020

CHICAGO Harley-Davidson Inc on Tuesday reported a decline in quarterly motorcycle revenue that outpaced Wall Street's estimates as retail sales in the United States dived again, sending its shares lower.

INSIGHT-U.S. bike firms face uphill slog to replace Chinese supply chains

Jan 14 2020

* Graphic: U.S. bicycles made in China: https://tmsnrt.rs/2ElEW2d

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