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Top News & Analysis Indiana

  • Caterpillar Inc, United Technologies Corp, Dana Inc, 3 M Co and General Electric Co, are offshoring work to Mexico, China, India and other countries, according to a Reuters review of U.S. Labor Department records. Executives from the five companies are among a group of business leaders due to meet with Trump on Thursday to discuss how to help the president deliver on...

  • NEW YORK, Feb 22- The S&P 500 ended modestly weaker on Wednesday, holding losses after minutes from the Federal Reserve's last meeting kept alive a potential near-term interest rate hike, while DuPont shares helped the Dow close at an all-time high for a ninth straight session. The major U.S. indexes are trading around record highs, driven up since President...

  • Caterpillar Inc., United Technologies Corp., Dana Inc., 3 M Co., Timken Co. and General Electric Co., are offshoring work to Mexico, China, India and other countries, according to a Reuters review of U.S. Labor Department records. The six firms are part of the Manufacturing Jobs Initiative, a White House advisory council created to help Trump deliver on his promise to...

  • Caterpillar Inc., United Technologies Corp., Dana Inc., 3 M Co., Timken Co. and General Electric Co., are offshoring work to Mexico, China, India and other countries, according to a Reuters review of U.S. Labor Department records. The six firms are part of the Manufacturing Jobs Initiative, a White House advisory council created to help Trump deliver on his promise to...

  • President Donald Trump stands during a news conference announcing Alexander Acosta as the new Labor Secretary nominee in the East Room at the White House on February 16, 2017 in Washington, DC

    Not only has Trump rejected economic data, he has also repeatedly misstated it.

  • The White House is not ruling out the possibility of rewriting Trump's Jan. 27 order in light of the actions by a federal judge in Seattle and an appeals court in San Francisco that put the directive on hold, an administration official said. Trump's order, which he has called a national security measure to head off attacks by Islamist militants, barred people from...

  • The White House is not ruling out the possibility of rewriting Trump's Jan. 27 order in light of the actions by a federal judge in Seattle and an appeals court in San Francisco putting the directive on hold, an administration official said. "SEE YOU IN COURT," Trump said in a Twitter post on Thursday after Thursday's ruling by a three-judge panel of the 9th U.S. Circuit...

  • The administration will continue to defend the executive order- both in the case that produced Thursday's ruling and possibly at the Supreme Court- and in more than a dozen additional lawsuits now moving through the U.S. court system. "SEE YOU IN COURT," Trump said in a Twitter post on Thursday after the ruling by a three-judge panel of the 9th U.S. Circuit Court of...

  • *U.S. Supreme Court ultimately likely to decide. Feb 9- President Donald Trump suffered a legal blow on Thursday when a federal appeals court refused to reinstate his executive order temporarily banning people from seven Muslim-majority countries from entering the United States. A three-judge panel of the 9th U.S. Circuit Court of Appeals unanimously ruled...

  • *U.S. Supreme Court ultimately likely to decide. A three-judge panel of the 9th U.S. Circuit Court of Appeals unanimously ruled that the Trump administration failed to offer any evidence that national security concerns justified immediately restoring the ban, which he launched two weeks ago. Shortly after the court issued its 29- page ruling, Trump tweeted: " SEE...

  • A three-judge panel of the 9th U.S. Circuit Court of Appeals unanimously ruled that the Trump administration failed to offer any evidence that national security concerns justified immediately restoring the ban, which was launched late last month. The states of Washington and Minnesota challenged Trump's order, which had sparked protests and chaos at U.S....

  • Feb 9- President Donald Trump suffered a legal blow on Thursday when a federal appeals court refused to reinstate a temporary travel ban he had ordered on people from seven Muslim-majority countries. A three-judge panel of the 9th U.S. Circuit Court of Appeals unanimously ruled that the Trump administration failed to offer "any evidence" that national...

  • The 9th U.S. Circuit Court of Appeals ruling came in a challenge to Trump's order filed by the states of Washington and Minnesota. Trump's Jan. 27 executive order barred entry for citizens from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen for 90 days and imposed a 120- day halt on all refugees, except refugees from Syria who are barred indefinitely.

  • President Donald Trump tweeted " SEE YOU IN COURT, THE SECURITY OF OUR NATION IS AT STAKE!"

  • CHICAGO, Feb 9- Cummins Inc reported a sharply higher fourth-quarter net profit on Thursday, but revenue fell, and the engine maker said difficult market conditions could hurt 2017 results. Cummins reported net income of $378 million, or $2.25 per share, more than double $161 million, or 92 cents per share, a year earlier. Revenue fell to $4.5 billion from $4.8...

  • Feb 8- President Donald Trump's tweets on various. Shares of Nordstrom dropped 0.7 percent and spiked in volume in a one-minute span on Wednesday but were last up 1.5 percent at a session high of $43.42 in early afternoon. tweet for "moving to Mexico and rather viciously firing all of its 300 workers."

  • *Gains among big tech names counter energy declines to lift Wall Street. NEW YORK, Feb 7- Wall Street ended higher on Tuesday boosted by corporate earnings, while the dollar climbed to a more than one-week high on technical buying and political uncertainty in Europe. Brent crude settled down 67 cents, or 1.2 percent, at $55.05 a barrel while U.S. crude ended 84 cents, or...

  • Feb 7- The S&P 500 ended barely higher on Tuesday while the Nasdaq managed to scratch out a new record as gains in big tech names countered energy declines. U.S. equities have rallied sharply after President Donald Trump's election in November, spurred by hopes the Republican-led government will cut regulations and taxes and enact higher infrastructure...

  • *Dow, Nasdaq set intraday records, S&P nears new mark. *Energy sector lags as oil prices fall. Feb 7- U.S. stocks were little changed on Tuesday after key indexes hit record highs as oil prices turned lower and investors grappled with policy uncertainty under President Donald Trump.

  • Feb 7- President Donald Trump's tweets on various companies have drawn much attention, but with the Dow hitting a record high on Tuesday and the S&P 500 also poised to hit a fresh peak, the impact on the shares of those companies has been mostly short lived. United Technologies Corp: Trump tweeted on Nov. 24 about working on a deal with the Dow component to keep jobs at...