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U.S. Market's Focus Turns to Rate Increase

2014-11-23 20:23:39| Industrial Machines - Topix.net

U.S. financial market indexes finished slightly higher for the November 21 week. The Dow Jones Industrial Average was up 0.97% while the S&P 500 gained 1.15%.

Tags: rate increase focus markets

 

Global Brands turns corner with third quarter profit of US$113m

2014-11-21 19:06:52| Logistics - Topix.net

Company chairman William Fung said in a statement that the results were in line with "previous announcement that seasonality skews significantly towards the second half of the year". Photo: Paul Yeung Global Brands Group, the consumer brands business that spun off from Li & Fung in July, turned the corner in the third quarter to post a profit of US$113 million, following a half-yearly loss due to heavy seasonality of the business and one-off listing expenses.

Tags: global brands corner profit

 
 

As the Verrazano Bridge turns 50, the MTA makes progress on 2 major makeovers

2014-11-20 13:27:12| Railroads - Topix.net

As the Verrazano Bridge rings in its 50th birthday, the Metropolitan Transportation Authority is working on two major projects to update its aging roadway and improve general traffic flow to and from Staten Island. The two big facelifts will come by way of the Toll Plaza Improvement Project and the Upper Level Deck Replacement plan, which are in quite different stages of progress.

Tags: major makes progress bridge

 

Buffalo Snow Storm Turns Deadly with Four Fatalities

2014-11-19 06:34:12| Chemicals - Topix.net

The early winter snow that has buried parts of the Buffalo area has turned deadly, blamed for the deaths of four people in Erie County. The storm dumped more than 4 feet of snow in places and was accompanied by high winds creating bone chilling conditions and thick drifts.

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White House turns climate change spotlight to US cities, towns

2014-11-17 12:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: After announcing a major deal with China to curb emissions and a $3 billion pledge into a fund to help poor countries fight climate change last week, the Obama administration will turn its focus to American towns and cities to help them adapt to the impacts of global warming. On Monday, a task force of eight governors, 16 mayors and two tribal leaders will meet with Vice President Joe Biden and senior White House officials to present recommendations on how they can help local communities deal...

Tags: change house white cities

 

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