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CSX: US Railroads Face 'Recession' as Commodity Prices Plunge
2016-01-15 15:58:30| Railroads - Topix.net
The U.S. freight rail system is suffering from its own industry "recession" as rail cargo volumes tumble amid plunging commodity prices, CSX Corp. Chief Executive Michael Ward warned. CSX recently said it expects to deliver lower profits in 2016 as weak demand for coal and crude oil persists and the strong U.S. dollar continues to limit exports.
Tags: prices
face
commodity
railroads
US stocks rebound a day after plunge, led by energy sector
2016-01-14 20:27:25| Chemicals - Topix.net
The major U.S. stock indexes veered higher in midday trading, recovering from an early slide.
US stocks rebound a day after plunge, led by energy sector
2016-01-14 18:22:40| Energy - Topix.net
U.S. stocks bounced back from an early slide Thursday, recouping some ground a day after their worst drop since September. Energy stocks led the rally as the price of crude oil climbed more than 2 per cent.
US stocks rebound a day after plunge, led by energy sector
2016-01-14 17:48:09| Oil & Gas - Topix.net
U.S. stocks bounced back from an early slide Thursday, recouping some ground a day after their worst drop since September. Energy stocks led the rally as the price of crude oil climbed more than 2 percent.
Renault shares plunge on police raids
2016-01-14 13:32:51| BBC News | Business | UK Edition
Shares in French car manufacturer Renault fall 20% as the company confirms its factories have been raided by police.
Tags: police
shares
renault
raids
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