The trade war is stinging Caterpillar, and its outlook is dimming

The trade war is stinging Caterpillar, and its outlook is dimming

Caterpillar, stung by the trade war and global economic slowdown, posted a surprise drop in third-quarter profit as sales slumped in nearly every region around the world. The world’s largest maker of construction and mining equipment warned on Wednesday that more pain is coming. Caterpillar, a bellwether for the global economy, dimmed its 2019 earnings…

Disneyland guests warned of measles exposure after infected person visits park

Disneyland guests warned of measles exposure after infected person visits park

A Los Angeles County resident visited Disneyland last week while infectious with measles, health officials said late Tuesday, potentially exposing hundreds of other people to the highly contagious disease. The individual went to Starbucks at 3006 S. Spulveda Boulevard in West Los Angeles early on the morning on October 16 before going to Disneyland from…

Investors react to a flood of CEO departures

Investors react to a flood of CEO departures

Happy Wednesday. A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. The crisis around Boeing, once a blue-chip stock, is getting worse. Investors are about to find out exactly how much damage has been done. Boeing, which reports third quarter earnings…

Heat records toppled as fires burn and California prepares for more power outages

Heat records toppled as fires burn and California prepares for more power outages

Dry conditions, windy weather and high temperatures will hit Southern California, bringing extreme fire conditions that could lead to another electricity shutoff in some areas. About 184,000 customers could have their power shut off this week to reduce the risk, Pacific Gas & Electric officials said Tuesday. “We understand the hardship created by these cutoffs,…

Cannabis firms are hopping on the non-alcoholic beer wagon

Cannabis firms are hopping on the non-alcoholic beer wagon

The rise of the “sober-curious” consumer and movements such as Sober October and Dry January have alcohol companies weighing the benefits of moderation. Now, cannabis firms are soberly getting in on the action. Makers of cannabis-infused beer are developing brews free of booze — as well as bud — to sell alongside stalwarts such as…

Kylian Mbappe scores hat-trick to surpass Lionel Messi goal record

Kylian Mbappe scores hat-trick to surpass Lionel Messi goal record

Kylian Mbappe became the youngest player to score 15 Champions League goals after netting a second-half hat-trick in PSG’s 5-0 rout of Club Brugge on Tuesday. At 20 years and 306 days old, Mbappe is almost a year younger than Lionel Messi when the Barcelona forward took the record from Raul. The Frenchman was brought…

Belgian Paralympian Marieke Vervoort dies aged 40 through euthanasia

Belgian Paralympian Marieke Vervoort dies aged 40 through euthanasia

Belgian Paralympian Marieke Vervoort has died aged 40 after ending her life through euthanasia. Vervoort, a Paralympic gold medalist at London 2012, lived with a degenerative spinal condition that caused her constant pain and made sleeping very difficult. A statement from her home city Diest said Vervoort “responded to her choice on Tuesday evening.” Vervoort…

A West Point cadet missing for 4 days has been found dead

A West Point cadet missing for 4 days has been found dead

A missing 20-year-old cadet was found dead Tuesday night at West Point, the military academy said in a news release. Cadet Kade Kurita from Gardena, California, had been missing since Friday evening. The cause of his death is under investigation, but foul play is not suspected, the release said. “We are grieving this loss and…