Federal agents on Thursday searched three Caterpillar Inc. facilities near the construction- and mining-equipment giant’s Illinois headquarters, according to the company and a law-enforcement official. The search appeared to escalate an investigation into tax issues related to Caterpillar’s parts business and financial transactions involving one of the company’s subsidiaries in Switzerland, a person familiar with the situation...

Source: Wall Street Journal March 02, 2017 17:22 UTC