Companies & Executives

Caterpillar said the drop in volume was due to lower sales of equipment to end users.

Moving production to the United States, CEO Don Allan said, is unlikely “because it’s just not cost-effective.”

Given the overall automotive environment, CFO John Lawler tells analysts that “right now, it’s the right thing to hang onto cash.”

Boeing has been struggling with a string of problems in recent years, prompting the departure of its old chief executive, who was replaced in August by aerospace veteran Kelly...