Eaton Corp. improved third-quarter revenue and earnings, in part, on the improved strength of the Class 8 market.
Category: News
US Manufacturing Is Powering Up, Regional Report Cards Show
America’s factories cranked it up in October, according to the latest regional manufacturing indexes.
Teamsters Hold Public Picket Against CSX Future Health Benefits
A division of the Teamsters union held what it called an informational picket Oct. 30 against Jacksonville-based CSX Corp., saying the company is planning to “drastically reduce our health insurance benefits.”
Homeownership Rate Rises for Second Time This Year
The U.S. homeownership rate rose for the second time this year as improving employment drove demand for property purchases.
Consumer Confidence Just Hit Its Highest Level in Almost 17 Years
U.S. consumer confidence rose more than expected in October to the highest in almost 17 years as Americans grew more confident about the economy and job market, according to figures Oct. 31 from the New York-based Conference Board.
Home-Price Gains in 20 US Cities Showed Acceleration in August
Home-price gains in 20 U.S. cities accelerated in August amid tight inventories and steady economic growth, figures from S&P CoreLogic Case-Shiller showed Oct. 31.
Employment Costs Pick Up on Faster Wage Gains at Factories
U.S. employment costs picked up in the third quarter from the previous three months, helped in part by faster wage gains in manufacturing, the Labor Department said Oct. 31.</p>
<p class=”TX”>Highlights of Third Quarter Employment Cost Index.
Waymo 'Really Close' to Putting Customers in Self-Driving
Alphabet Inc.’s Waymo unit demonstrated a self-driving minivan with no one behind the wheel, declaring the vehicle as ready for public use.
Waymo 'Really Close' to Putting Customers in Self-Driving Cars
Alphabet Inc.’s Waymo unit demonstrated a self-driving minivan with no one behind the wheel, declaring the vehicle as ready for public use.
Norfolk Southern Sues Over Millions of Rail Ties It Calls Defective
ATLANTA — Norfolk Southern Railway has filed a federal lawsuit against an Alabama company, claiming the company failed to use proper protective coating on more than 4.7 million wooden railroad ties.