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Railways move forward on grain shipments

2015-01-17 11:47:41| Railroads - Topix.net

The amount of grain waiting to be shipped continues to decrease, but the amount of time some farmers and ranchers are waiting is not going down. During their latest shipment report to the U.S. Surface Transportation Board, Burlington Northern Santa Fe Railway and Canadian Pacific Railway showed they continue to make headway in the late grain shipments.

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Wall Street drops after Swiss move; banks tumble

2015-01-15 18:29:20| Paper - Topix.net

US stocks fell, erasing small gains at the open today, as investors grappled with a move by the Swiss National Bank to scrap its three-year euro cap on the franc. Trading was likely to remain volatile through the session, on the heels of choppy premarket action that saw futures fluctuate between gains and losses, after the SNB said it would discontinue the cap it introduced on September 6, 2011 to fight recession and deflation threats.

Tags: street move wall banks

 
 

Bankruptcy judge OKs Energy Future Holdings to move ahead on Oncor auction

2015-01-15 04:10:58| Energy - Topix.net

A U.S. bankruptcy judge told Texas power giant Energy Future Holdings on Wednesday that it can move ahead on auctioning off its transmission arm, Oncor. Judge Christopher Sontchi set the deadline for opening bids for March 2. The process is expected to stretch through the summer and attract some of the largest players in the Texas power industry.

Tags: future move energy ahead

 

yuMobile sale closes as customers move to Airtel

2015-01-15 01:00:00| Total Telecom industry news

Essar exits telecoms space with sale of Kenyan mobile operator to its local rivals.

Tags: sale move customers closes

 

Musk urges automakers to move faster on EVs

2015-01-14 10:07:39| Automakers - Topix.net

Tesla CEO Elon Musk: "We can't rely on scarcity to drive the price of oil and gas and rely on that to be an adequate forcing function." Photo credit: GLENN TRIEST DETROIT -- Established car companies must accelerate the development and sale of electric vehicles, despite a drastic decline in oil prices, Tesla Motors CEO Elon Musk said today during a speech to auto executives at the Automotive News World Congress.

Tags: move faster urges musk

 

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