Caterpillar Profit Expected to Decline on China
April 8 (Bloomberg) -- Bloomberg's Scarlet Fu reports that Caterpillar is expected to report its second straight quarterly profit decline on China's economic slowdown and an abundance of global commodities. She speaks on Bloomberg Television's "Bloomberg Surveillance."
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"Preserving Bombardier C-Series Key Amid 7,500 Job Cuts"
12:11 - Bombardier has announced it will slash 7,500 jobs during a second round of job cuts within the past 8 months. Bloomberg Intelligence Analyst George Ferguson explains whether these cost saving measures were necessary as the struggling aircraft maker awaits $1 billion in federal aid from the Canadian government on Bloomberg TV Canada's The Daily Brief. (Source: Bloomberg)