Edition:
India

Rajesh Kumar Singh

Deere warns of lower profits in 2020 on lingering trade tensions

27 Nov 2019

CHICAGO Deere & Co. on Wednesday warned of lower earnings next year after reporting a fall in quarterly profits, hurt by trade tensions as well as poor weather in the U.S. farm belt that has slowed equipment purchases by farmers.

Deere workers grapple with fallout from Trump's trade war

15 Nov 2019

EAST MOLINE, Illinois Devin Spencer has been on edge ever since Deere & Co. laid off dozens of his colleagues at its Harvester Works plant in western Illinois due to dwindling demand for farm combines.

Caterpillar lays off 120 workers as trade war hits sales

05 Nov 2019

CHICAGO Caterpillar Inc has laid off 120 temporary workers at a plant in Texas following its decision to cut production in the wake of a fall in sales due to U.S. President Donald Trump's trade war with China.

U.S. company supplying tear gas to Hong Kong police faces mounting criticism

12 Oct 2019

CHICAGO Another U.S. senator has joined a chorus against Pennsylvania-based NonLethal Technologies Inc for selling riot gear to Hong Kong that is being used against pro-democracy protesters.

Harley struggles to fire up new generation of riders with electric bike debut

07 Oct 2019

CHICAGO Harley-Davidson Inc is betting on electric motorcycles to attract the next generation of younger and more environmentally conscious riders to reverse declining U.S. sales. | Video

Deere to lay off 163 U.S. workers as trade war dents equipment demand

02 Oct 2019

CHICAGO Deere & Co on Tuesday announced indefinite layoffs for 163 U.S. manufacturing workers at plants in Illinois and Iowa that make agricultural, forestry and construction equipment, citing decreased customer demand.

UPDATE 2-Deere to lay off 163 U.S. workers as trade war dents equipment demand

02 Oct 2019

CHICAGO, Oct 1 Deere & Co on Tuesday announced indefinite layoffs for 163 U.S. manufacturing workers at plants in Illinois and Iowa that make agricultural, forestry and construction equipment, citing decreased customer demand.

In Michigan steel towns, tariffs meant to revive industry cost jobs

26 Sep 2019

ECORSE/RIVER ROUGE, Michigan Some steelworkers who cheered U.S. President Donald Trump's tariffs on foreign steel last year are now being laid off, an unintended consequence of his America First policy as United States Steel Corp reacts to sagging demand from automakers reeling from higher steel prices.

UPDATE 1-Harley-Davidson $1.6 bln investment plan raises earnings concerns

24 Sep 2019

Sept 24 Harley-Davidson Inc said on Tuesday it would invest as much as $1.6 billion over the next four years to turn around its business, raising concerns about its earnings and sending its shares lower.

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