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Amid coal market struggles, less fuel worth mining in US

2016-02-23 00:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Associated Press: Vast coal seams dozens of feet thick that lie beneath the rolling hills of the Northern Plains once appeared almost limitless, fueling boasts that domestic reserves were sufficient to power the U.S. for centuries. But an exhaustive government analysis says that at current prices and mining rates the country's largest coal reserves, located along the Montana-Wyoming border, will be tapped out in just a few decades. The finding by the U.S. Geological Survey upends conventional wisdom...

Tags: us market worth fuel

 

Rail Company Union Pacific Likely to Build Steam Even as Its Industry Struggles

2016-02-22 23:18:01| Railroads - Topix.net

The railroad industry has been a bellwether of U.S. economic health, since the Golden Spike joined the rails of the First Transcontinental Railroad in 1869, at Promontory Summit, Utah Territory. Railroads enjoyed a mini-boom that coincided with the economy's rebounding from the 2008 Great Recession through 2014.

Tags: company industry build union

 
 

Telecom Italia sees positive signs at home but struggles in Brazil

2016-02-17 01:00:00| Total Telecom industry news

Italian operator details three-year strategic plan that includes 12 billion in investments in its home market.

Tags: in home positive italia

 

A Board Struggles With Its CEO's Borrowing

2016-01-29 06:36:58| Trucking - Topix.net

Swift Transportation CEO Jerry Moyes's margin debt on company stock bumps up against limits, and the board keeps adjusting them A stock slump last year squeezed trucking executive Jerry Moyes, who had borrowed heavily against his shares in the company he founded.

Tags: board struggles borrowing ceos

 

As Mobile Business Struggles, LG Electronics Posts Loss

2016-01-28 01:42:45| Electronics - Topix.net

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Tags: business posts mobile electronics

 

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