Headlines: Ikea to Oak Creek? and More

Check out these South Shore headlines, including information on significant development happening with our South Shore neighbors …

Also, NOW has published a new police blotter.

And Caterpillar recently reported first-quarter earnings. From CNBC:

“We’re close to the bottom or bottoming,” Chairman and CEO Doug Oberhelman told CNBC’s “Squawk Box.” He said he hopes 2016 is the last down year. Citing a bright spot, Oberhelman said: “We’ve seen actually an adjustment upwards in China in the first quarter, which is kind of nice. It’s the first time we’ve talked about that in a couple [or] three years.” “China is stimulating and they’ve added a little debt to their GDP forecast,” he said. “We’re feeling some of that in large products. Hopefully that will be sustained; something they do throughout the rest of the year.”

Caterpillar also announced the closure of five more factories last week.

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