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Cat sales, profits lower in Q2; further layoffs may result

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600px Caterpillar logoThere were no major surprises in Caterpillar Inc.’s second quarter financial report released on Monday. Sales and revenues were down as were profits. But they were pretty much in line with, and even a little better than, with expectations of the company and the investment community.

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Wealth manager or stock broker? There is a difference

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cypress logoEvery so often we all hear stories about people who suddenly came into a lot of money and, in what amounts to little time, find themselves in bankruptcy court.

The...

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Cat announces more job cuts, plant closures

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600px Caterpillar logoCaterpillar Inc. announced today it will close five facilities in the south and eliminate about 820 positions in the next year to 18 months.

The company also plans to demolish one of its large vacant buildings in Mossville to save on maintenance costs as it continues...

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More auto recalls; more recall notices being ignored

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Cat sales and profits down in first quarter; outlook lowered again

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600px Caterpillar logoCaterpillar Inc. said Friday its first quarter sales and profits were down from a year earlier but that the numbers posted were not unexpected.

The company still scored a profit for the quarter and its balance sheet remains strong, but the immediate outlook doesn't call for much improvement, the Caterpillar release said. That outlook...

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Cat employees giving back in Summer of Service

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catclean1It was a beautiful morning on Friday, the kind of day that would make anyone want to get away from work and stay outdoors. For 22 employees in Caterpillar Inc.’s Global Supply Network division, that’s what happened.

But they would have been at Glen Oak Park on the east side...

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Cat maintains dividend rate

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Caterpillar Inc. on Wednesday announced it will maintain the quarterly cash dividend of 77 cents per share of common stock, payable May 20, 2016, to stockholders of record at the close of business on April 25, 2016. That decision was made by the company’s board of directors.

"Caterpillar's balance sheet remains strong, and I'm pleased to announce we're maintaining...

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Manpower: Stable hiring practices expected in Q3

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manpower logoU.S. employers indicate stable hiring plans for the third quarter of 2016, according to the latest  Read more...

Caterpillar showcasing technology at Germany show

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600px Caterpillar logoCaterpillar Inc. is putting its technology at the forefront of its presentation at bauma, tahe world’s largest construction equipment show in Munich, Germany.

Caterpillar Chairman Doug Oberhelman unveiled a new strategy the company calls “The Age of Smart...

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Cat maintains quarterly dividend

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600px Caterpillar logoCaterpillar Inc. directors voted Wednesday to maintain the quarterly cash dividend at 77 cents a share, the company announced.

The dividend will be payable Aug. 29 to shareholders of record at the close of business on July 20, the company said in a news release.

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Some work stress ok in creative positions

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stressworkgraphicWork stress is par for the course for creative leaders, according to new research from staffing firm...

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Generation Z is entering the workforce

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genz1The first waves of young people born from 1995 through 2010, aka "Generation Z", are in the process of leaving school for the...

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Forecast: More hiring expected in Q2

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careerbuilder logoThe U.S. has added private sector jobs every month for the last six years, and  Read more...

Millennials prioritize career options

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manpower logoMillennials are set to run career ultramarathons and anticipate taking breaks along the way, according to a...

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U.S. Population Aging Slower than Other Countries, Census Bureau Reports

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America's 65-and-over population is projected to nearly double over the next three decades, ballooning from 48 million to 88 million by 2050. However, the U.S. Census Bureau projects the U.S. population will age at a slower rate compared with other countries.

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Ameren Corp. ranks at top for diversity

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Ameren Corp. has been ranked number one among U.S. utilities for diversity by a company with a mission to monitor diversity among businesses in the county.

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Female business owners say insurance is important

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womenbizWomen have made great strides in the business world in the past few decades. And business insurance is essential to protecting...

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Cat executives, dealer visit Cuba

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600px Caterpillar logoCaterpillar Inc. this week aimed to enhance its already strong relationship with Cuba by sending Chairman and CEO Doug Oberhelman and other executives to the island nation to meet with government representatives there.

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Cat ends production of vocational trucks

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600px Caterpillar logoCaterpillar Inc. said Friday it will end production of on-highway vocational trucks, a move that will affect 30 jobs in central Illinois and 70 altogether.

The trucks, which include dump trucks, are currently made by Navistar i Escobedo, Mexico, but Caterpillar...

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FDA expands its authority over tobacco products

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ThinkstockPhotos 468046550The U.S. Food and Drug Administration has finalized a rule extending its authority...

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Harris Poll releases Reputation Quotient report

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harris poll logoThe Harris Poll® today released its 17th annual Reputation Quotient® (RQ®)...

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