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Business in brief: U.S. Commerce Department imposes steep tax on steel imports
2015-12-30 02:01:40| Steel - Topix.net
Imports of corrosion-resistant steel from China are being unfairly traded at below market prices and will be slapped with a 256 percent tax, according to a preliminary finding from the Commerce Department that is expected to help bolster a domestic steel industry battered by cheap imports. The decision by the department is the first of several trade cases filed this summer by U.S. Steel Corp., AK Steel Holding Corp., Nucor and Steel Dynamics Inc. alleging their competitors in China and elsewhere are unfairly subsidized by their governments, allowing the foreign producers to undercut prices of U.S. firms.
Tags: business
department
tax
commerce
Wall Street Pares Steep Losses Amid Oil Plunge
2015-12-29 01:43:36| Oil & Gas - Topix.net
U.S. equity markets pared substantial triple-digit losses on Monday as global oil prices saw another day of heavy selling, but the Dow and Nasdaq fell back into negative territory for the year. The Dow Jones Industrial Average was 23 points lower, 0.14% to 17528.
Steep fall in exports and imports affect traffic at Port of Los Angeles
2015-10-16 01:00:00| Ship Technology
The Port of Los Angeles has reported s decline in shipments in September, due to a steep fall in exports and imports.
Fed price decline is historically steep
2015-10-10 04:49:00| Beef
Other than in 1974, cash fed cattle prices in August and September dropped the most for that eight week period in 41 years, according to analysts with the Livestock Marketing Information Center. Using Kansas fed cattle data as the reference point, fed steer prices in Kansas declined 13.4% during this years July-August eight-week period. read more
Steep Hurdles Make Criminal Cases Against Car Makers Difficult
2015-09-30 03:50:26| Automakers - Topix.net
A Justice Department investigation into whether Volkswagen AG should face criminal charges for cheating on emissions tests highlights what some lawmakers say is a long-standing gap in U.S. environmental law.
Tags: make
car
cases
difficult
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