CBS board to discuss CEO Moonves investigation on Monday: sources

The allegations come as Moonves is embroiled in a legal battle over control of CBS with the company's largest shareholder, National Amusements Inc, owned by Shari Redstone and her father Sumner, who also control media company Viacom Inc. CBS said on Friday it would investigate accusations against Moonves, 68, made by six women in a New Yorker magazine article featuring several instances of alleged sexual harassment spanning 1985 to 2006.

Caterpillar raises 2018 profit outlook, beats quarterly estimates

Caterpillar Inc (CAT.N) on Monday raised its full-year profit outlook after earnings in the second quarter nearly doubled, beating market expectations, helped by global demand for its equipment. The Deerfield, Illinois-based company now expects adjusted profit per share to be in a range of $11 to $12 in 2018, compared with $10.25 to $11.25 projected earlier. The second increase to the profit outlook in the past two quarters helped allay investors' concerns about the health of the global economy amid increasing trade frictions and pressure on costs.

Better Buy: Apple Inc. vs. Google

Two of the world's most valuable tech companies continue to beat the market, but they don't measure up the same when considering growth and valuation.

Glider cap will remain at 300 for U.S. manufacturers

Harley pushes deeper into Asia with smaller bikes to kickstart growth

The 115-year-old Milwaukee, Wisconsin-based company, known for its heavy touring motorcycles, is scrambling to revamp its operations by tapping into younger buyers, particularly in Asia, by offering nimbler motorcycles with smaller engines. Laying out a plan it calls "More Roads to Harley-Davidson", the company said it expects to spend $675 million-$825 million over the next four years as it also looks to chop costs and generate more than $1 billion of incremental annual revenue in 2022. Harley will develop more accessible motorcycles with smaller engines of between 250cc and 500cc for Asia, including India, which the company said was one of its fastest growing markets in the world.

Weight challenge in unforgiving climate

News Flash: The Marijuana Stock Bubble May Already Be Bursting

The North American Marijuana Index has plunged more than 45% in six months.