Caterpillar Profit Rises 44%
Caterpillar Profit Rises 44%
Rob Marshall Scoops Up Gotham Co-op
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Caterpillar Inc. said its fourth-quarter earnings rose 44% as the heavy-equipment maker cut costs to help offset a continuing decline in mining-machinery revenue. Shares rose more than 5% in premarket trading as the results topped consensus estimates, which had been revised lower in October when the company cut its outlook for 2013.
Thanks to observant real estate canary Polly Wannacracker, we learned that Tony- and Oscar-nominated and Emmy-winning stage and screen director Rob Marshall and his producer life partner John DeLuca shelled out almost $4.4 million for a carefully renovated co-operative apartment in a desirable prewar boutique building just off lower Fifth Avenue in the swanky heart of New York City’s Greenwich Village. The three-bedroom and two-bathroom apartment carries hefty maintenance fees of more than $3,200 per month, according to marketing materials, and features an entrance gallery that does double duty as a library, with floor-to-ceiling bookshelves and a living/dining room with classic moldings, a marble-manteled fireplace and French-door access to a small terrace.
Police said at least two people died after a shooting at a Toronto nightclub event hosted by rapper Drake. The shooting spilled into the streets and wounded three others. It wasn't clear if Drake was present during the shooting. Toronto Deputy Police Chief Peter Sloly said shots were fired inside the Muzik nightclub on the Exhibition Place grounds in downtown Toronto, despite a large police presence outside the venue. The shooting took place at about 3:20 a.m. when the nightclub was shutting down. Sloly said at least one victim was shot inside the club, before the shooting moved outside.
The Roman Catholic Archdiocese of Milwaukee has reached a $21 million settlement with 330 victims of sexual abuse by clergy. The settlement will be filed as part of the church's plan to restructure in U.S. Bankruptcy Court. The archdiocese filed for Chapter 11 bankruptcy protection in 2011. Their filing cites the financial drain of sexual-abuse claims settlements as the primary reason. The 330 victims, who will be paid various sums of money through the settlement, are some of the 579 people who filed sexual abuse claims against the archdiocese. In mid-June Milwaukee's Archbishop John Nienstedt resigned.
Fantastic Four feels like a 100-minute trailer for a movie that never happens. At this point in the ever-expanding cinematic superhero game, it behooves any filmmakers who gets involved to have at least a mildly fresh take on their characters and material, but this third attempt to create a worthy cinematic franchise from the first of Stan Lee and Jack Kirby 's iconic comic book creations, which can genuinely claim to have launched the Age of Marvel, proves maddeningly lame and unimaginative. Die-hard fans will undoubtedly show up, but box-office results for this Fox release will fall far short of what Marvel achieves with its own in-house productions.
A woman who watched helplessly as a big-top tent collapsed during a circus performance Monday in New Hampshire — killing two people — said there was no warning before the day of fun turned tragic. Said Meagan Marion who was at the event with her 9-year-old son and her mother, "To me it didn't seem like anything was down tight because (the stakes) came up quick." Fire officials are investigating why the tent failed as 60 mph winds blew across the Lancaster Fairgrounds, about 90 miles north of Concord, around 5:30 p.m.