Category: Business

U.S. authorities raid Caterpillar’s Illinois facilities

By Timothy Mclaughlin CHICAGO (Reuters) – Federal law enforcement officials conducting a criminal probe of heavy machinery manufacturer Caterpillar Inc searched three of its facilities on Thursday, prompting a sharp sell-off in the company’s stock. A spokeswoman for the U.S.…
Snap bets on hardware as Facebook threat looms

By Heather Somerville SAN FRANCISCO (Reuters) – Snap Inc takes to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling hardware gadgets and ad-friendly software features fast enough…
The 7 Most Powerful Tech Moguls

Publications like Forbes and Business Insider are renowned for their in-depth analyses of the distribution of the world’s wealth; in particular, they are known for providing as accurate a look as possible at the net worths of the wealthiest people…