Michelle Chapman

AP Business Writers

Security Breach Podcast

Security Breach Podcast

December 1, 2023

Screen Shot 2023 12 01 At 8 51 34 Am

Core & Main to Acquire Lee Supply

December 1, 2023

I Stock 1335040011

Best Practices for Managing a Company Through High Growth

November 30, 2023

U.S. Steel to Permanently Idle Steelmaking at Ill. Facility

November 29, 2023

Security Breach Podcast

Security Breach Podcast

A new video series from Manufacturing.net - Security Breach, looks to offer the insight and tools needed to ready your company's defenses. Stay up-to-date on today's vital cybersecurity topics by subscribing here.

December 1, 2023

UPS facility, Brooklyn, New York, July 6, 2023.

UPS Lowers Outlook Citing Labor Deal, Falling Volume

The parcel giant trimmed its full-year revenue forecast by $4 billion.

August 8, 2023

A Home Depot in Philadelphia, Sept. 21, 2022.

Home Depot Sees 1st Annual Sales Drop in More than a Decade

The home improvement retail giant cut its outlook for the year.

May 16, 2023

A Norfolk Southern freight train makes it way through Homestead, Pa., April 27, 2022.

Senate Panel OKs Rail Safety Bill

But its fate remains uncertain amid significant Republican opposition.

May 15, 2023

A FedEx truck makes deliveries in Mount Lebanon, Pa., Jan. 23, 2023.

FedEx Combines Air, Ground Operations in Bid to Slash Costs

The parcel giant's operating companies will be rolled into a single entity by next summer.

April 6, 2023

3M to Cut About 2,500 Manufacturing Jobs

The company said it saw rapid declines in consumer-facing markets and a significant slowdown in China.

January 24, 2023

The lobby of Emerson Electric's headquarters in St. Louis, Nov. 28, 2007.

Emerson Reveals $7.6B Bid for National Instruments

Emerson said that it's tried to initiate private buyout discussions for months.

January 17, 2023

The Federal Trade Commission building in Washington, Jan. 28, 2015.

FTC Proposes Ban on Employee Noncompete Clauses

The measure could make it easier for people to switch jobs — and deepen competition for workers.

January 6, 2023

Home Depot store, North Miami, Fla., May 14, 2021.

Home Depot Posts Record Profit, Revenue

Demand remained strong despite soaring prices and mortgage rates.

August 16, 2022

Home Depot store, North Miami, Fla., May 14, 2021.

Home Depot Overcomes Slow Start, Rising Home Prices

Revenue increased about 4%, easily beating Wall Street expectations.

May 17, 2022

Construction workers build new homes in Philadelphia, Tuesday, April 5, 2022. Low mortgage rates have helped juice the housing market over the past decade, easing the way for borrowers to finance ever-higher home prices. A run-up in rates in recent weeks is threatening to undo that dynamic, setting the stage for a slowdown in home sales this year as the increased borrowing costs reduce would-be buyers’ purchasing power.

CAT Sales Up in Q1 on Continued Equipment Demand

Higher prices also fueled revenue numbers.

April 28, 2022

A Puckett Machinery Company technician walks past a new heavy duty Caterpillar excavator that awaits modification at Puckett Machinery Company in Flowood, Mississippi on Sept. 18, 2019.

CAT Posts Strong Q4 Despite Supply Chain Constraints

Construction industry sales rose 27%, driven by an improvement in dealer inventories, higher end-user demand and increased prices.

January 28, 2022

Surging Home Depot Sales Continue Amid Hot Housing Market

While the number of customer transactions slipped 5.5%, the average receipt rose 12.9%.

November 16, 2021

This May 19, 2021 photo shows The Home Depot location in Willow Grove, Pa.

Home Depot Sales Top Expectations, Though DIY Rush May Be Cooling

While the average receipt per ring-up at Home Depot registers was higher, customer traffic slowed compared with the period last year.

August 17, 2021

This May 8, 2019 photo shows a Caterpillar 279D Compact Track Loader, left, and 308E2 CR Mini Hydraulic Excavator, right, rear, at a demolition site in Fort Lauderdale, Fla.

Caterpillar Revenues Rise on Increased Equipment Demand

Second quarter revenue topped Wall Street expectations as construction sales spiked 40% year-over-year.

July 30, 2021