Paula Dwyer writes editorials on economics, finance and politics for Bloomberg View. She was London bureau chief for Businessweek and Washington economics editor for the New York Times, and is a co-author of “Take on the Street: How to Fight for Your ...
Caterpillar Inc., the biggest maker of construction and mining equipment, cut its 2016 revenue forecast and said next year won't be much different as companies defer purchases amid sluggish growth and low commodity price expectations.
Fiat Chrysler Automobiles NV raised its 2016 profit forecast for the second time this year, boosting the target after third-quarter earnings jumped 29 percent on robust demand for Jeep sport utility vehicles.
General Motors earned $2.8 billion in the third-quarter, exceeding Wall Street estimates and doubling the year-earlier profit for the quarter, as North America and China performed well enough to more than offset losses in Europe and South America.
A worker controls a tapping of a blast furnace at Europe's largest steel factory of Germany's industrial conglomerate ThyssenKrupp AG in the western German city of Duisburg in this December 6, 2012 file photo.