Cat is Up, But Down

July 29, 2014 – Caterpillar’s second-quarter net income rose 4.1 percent, as the company earned $999 million, versus $960 million in last year’s second quarter. However revenue for the Peoria, Ill.-based company dropped 3.2 percent to $14.15 billion from $14.62 billion.The big issue? Mining equipment. That category fell 29 percent from a year ago in the second quarter. Sales to…

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Ontario to Invest $130 Billion in Infrastructure

Ontario is moving forward with its plan to build opportunity and security for the future. The 2014 Ontario Budget tabled by Minister of Finance Charles Sousa takes immediate action to create jobs by investing in a highly skilled workforce, building modern infrastructure and transportation networks, and supporting a dynamic and innovative business climate.

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