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11.06.2009 2:37 pm

Caterpillar settles lawsuit over 401k fees

St. Louis Post-Dispatch

Caterpillar has agreed to pay $16.5 million to settle a lawsuit alleging that its 401k plans charged excessive fees to employees. Cat’s news release says the money, minus attorneys’ fees and costs, will go into the accounts of employees and former…

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01.28.2009 9:46 am

Trade could cushion the blow at Caterpillar

St. Louis Post-Dispatch

An Investor’s Business Daily editorial puts an interesting spin on Caterpillar’s announcement of 20,000 job cuts:

No one has pleaded as earnestly for Congress to pass a Colombia free-trade pact as Caterpillar. Now, with earnings down and 20,000 American jobs to…

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