Associated Press

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Mexico Planning $11.5B in Infrastructure Projects

The majority of the plans are for highways, energy and water projects.

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Mexico

The projects mostly focus on oil refineries and highways, but also include a passenger train project.

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Germany Machinery Orders Down 16% This Year

Machinery production is likewise expected to drop 17%.

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UPS Reports Record Surge in Shipping

Shipments from businesses to U.S. consumers soared 65%.

In this March 22 file photo, customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. Lowe’s move to revamp its outdated online business in recent months paid off during the first quarter, as shut-in shoppers shifted to its online services for supplies for their do-it-yourself home projects during the pandemic.

Lowe's Overhauled E-Commerce Pays Off

The nation's second-largest home improvement retailer said Q1 online sales increased 80 percent.

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Virus Measures Weighed on Home Depot in Q1

Added compensation, benefits and waived co-pays for employees set the retailer back by $850 million in pre-tax expenses.

In this Nov. 4, 2019, file photo construction equipment made by Caterpillar are readied for export to Asia at the Port of Tacoma in Tacoma, Wash. Caterpillar Inc. reports financial results Friday, Jan. 31, 2020.

Caterpillar Profit Tumbles

The equipment manufacturer has been deemed essential, but profits still took a massive dive.