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Caterpillar 2Q Revenue up on Higher Equipment Demand | Business News


Rising demand for machinery fueled sales at Caterpillar during the second quarter as the rollout of vaccines helped to revive construction projects.

Revenue was $12.89 billion, up from $10 billion, which exceeded the $12.41 billion that Wall Street was expecting, according to a survey by Zacks Investment Research.

Construction sales spiked 40% on both rising volumes and prices.

The construction industry has been pulled in different directions over the past year, with the global spread of COVID-19 freezing activity while simultaneously driving demand for housing higher as people sought new places outside of urban

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Robotic police dogs: Useful canines or dehumanizing machines?

HONOLULU (AP) — If you’re homeless and looking for temporary shelter in Hawaii’s capital, expect a visit from a robotic police dog that will scan your eye to make sure you don’t have a fever.

That’s just one of the ways public safety agencies are starting to use Spot, the best-known of a new commercial category of robots that trot around with animal-like agility.

The handful of police officials experimenting with the four-legged machines say they’re just another tool, like existing drones and simple wheeled robots, to keep emergency responders out of harm’s way as they scout for dangers. But

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South Africa Property, Retail Firms Bet on Townships Despite Unrest | Investing News

JOHANNESBURG (Reuters) – Recent unrest in South Africa damaged hundreds of businesses but property developers and retailers say they remain committed to the fast-growing consumer markets of its predominantly Black townships.

Riots broke out this month after former President Jacob Zuma handed himself in to start a 15-month jail term for contempt of court.

More than 300 people died and about 3,000 stores were looted, over half of them belonging to major retailers and fast food brands.

At least 161 shopping malls, 11 warehouses and eight factories suffered heavy damage, sites that include tenants such as grocery chain Shoprite and

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$400 Million Donation to Fund Kalamazoo Government Projects | Business News

By DREW LINDSAY of The Chronicle of Philanthropy, Chronicle of Philanthropy

It began with a highly unusual offer from two business executives — who both have billions in wealth — to bankroll a distressed city government. Five years later, the marriage of government and philanthropy born of that $70 million gift looks as though it will last forever.

Kalamazoo, Michigan, officials gathered on the steps of their nearly century-old, Art Deco city hall on Wednesday to announce an anonymous commitment of $400 million to an endowment established in 2017 to spin off annual revenues for the city indefinitely. The Kalamazoo

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Umoja Biopharma Expands Management Team with Key Hires in Research and Business Development | State News

SEATTLE, July 27, 2021 /PRNewswire/ — Umoja Biopharma, an oncology company leveraging its proprietary integrated technologies to reprogram immune cells in vivo to create next-generation immunotherapies for the treatment of solid tumors and hematologic malignancies, today announced the appointments of three new hires in the company’s research and business development functions, including Bruce Kerwin, Ph.D. as Senior Vice President of Process and Product Development, Ryan Larson, Ph.D. as Vice President and Head of Translational Science, and Mike Fitzpatrick as Vice President of Business Development and Operations.

“I am excited to welcome Bruce, Ryan, and Mike to the

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The Philippine president told unvaccinated people ‘for all I care, you can die any time’ as he continues his brutal threats against vaccine deniers

Philippine President Rodrigo Duterte. REUTERS/Ezra Acayan

  • The president of the Philippines is continuing threats against those who deny coronavirus vaccines.

  • He said to people who don’t want the vaccine: “For all I care, you can die anytime.”

  • He also said police may restrict their movements, having previously threatened to jail them.

  • See more stories on Insider’s business page.

The president of the Philippines said he doesn’t care if people who deny the coronavirus vaccine die from the virus.

Rodrigo Duterte told a national address on Wednesday: “For those who do not want it, well, for all I care,

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