12:57 PM EST, 01/30/2025 (MT Newswires) -- Caterpillar ( CAT ) expects softer 2025 revenue than last year's level amid ongoing weakness in the construction and resource industries after reporting top- and bottom-line declines in the fourth quarter. Chief Executive Jim Umpleby said on a conference call that Caterpillar ( CAT ) expects sales to be slightly lower this year,...

12:57 PM EST, 01/30/2025 (MT Newswires) -- Price: 9.46, Change: -0.50, Percent Change: -5.02 ...

* Blackstone allays investors on data center investments * DeepSeek's low-cost AI model upended global markets * Analysts remain optimistic on data center investments despite emergence of DeepSeek By Niket Nishant and Manya Saini Jan 30 (Reuters) - Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models from China's...

12:48 PM EST, 01/30/2025 (MT Newswires) -- Honda Motor ( HMC ) said Thursday its global production fell to 272,530 vehicles in December 2024 from 348,675 units a year earlier. The automaker said that year-over-year output in Japan dropped to 56,313 units from 69,261 units and overseas production slid to 216,217 units from 279,414 units. Sales in Japan fell year...