The good times are still rolling on Wall Street. An intensifying earnings season will put that momentum to the test. The S & P 500 ended Friday at…
Read more Earnings will drive the stock market in the week ahead. That’s a good thingA FedEx cargo plane. Leslie Josephs | CNBC The CrowdStrike software bug that crashed Microsoft operating systems and caused the largest IT outage in history caused disruptions at…
Read more Microsoft, CrowdStrike IT outage hits global supply chain, with air freight facing days or weeks to recoverCheck out the companies making headlines in after-hours trading. SolarEdge — Shares plunged 20% after the solar company lowered its third-quarter revenue guidance to between $720 million and…
Read more Stocks making the biggest moves after hours: SolarEdge, Knight-Swift Transportation and moreShipping containers are loaded onto rail cars at the Global Container Terminals Vanterm container terminal on Vancouver Harbour in Vancouver, British Columbia, Canada. Bloomberg | Bloomberg | Getty…
Read more Canadian West Coast port workers vote yes to ratify a tentative deal. Railroad congestion continuesCNN — A CSX train apparently caused sparks as it traveled through its Rockland County, New York, route, creating “dozens of brush fires,” according to the Rockland County…
Read more Rockland County, New York, officials say sparks from CSX train apparently cause brush fires | CNNCHRIS J RATCLIFFE | AFP | Getty Images Bloated warehouse inventories are an expensive pressure eating away at the bottom line of many companies, and for many, the…
Read more Inflation’s inventory gluts are here to stay and will hit the bottom line in weaker economy: CNBC Supply Chain SurveyCNN — A CSX freight train derailed Wednesday morning after striking a rockslide in a remote area of West Virginia, injuring three crew members and spilling diesel fuel…
Read more CSX freight train derails after striking rockslide in West Virginia, injuring 3 and spilling diesel into river | CNNNew York CNN — The nation’s major freight railroads have long desired to have only one crew member, a lone engineer, in the cab of their locomotives. And…
Read more Despite toxic disaster, railroads still want single-person crews | CNN BusinessNew York CNN — Union Pacific shares jumped 10% in premarket trading Monday after the railroad company announced CEO Lance Fritz will leave the company by year-end, following…
Read more Union Pacific CEO to leave after push from activist shareholder | CNN BusinessNew York CNN — Norfolk Southern CEO Alan Shaw pledged Tuesday the freight railroad will spend $6.5 million to help those affected by the release of toxic chemicals…
Read more Norfolk Southern is paying $6.5 million to derailment victims. Meanwhile, it’s shelling out $7.5 billion for shareholders | CNN BusinessNew York CNN — Railroad workers could get the paid sick days that were at the heart of their threat to go on strike – if the Biden…
Read more Railroad workers hopeful Biden will act to give workers paid sick time | CNN BusinessThe U.S. Senate on Thursday voted 80-15 in favor of a bill that would prevent a rail strike by imposing a deal on freight-rail workers, after rejecting a…
Read more Senate passes bill to prevent rail strike, rejects measure providing paid sick leaveOMAHA, Neb. — President Joe Biden on Monday asked Congress to intervene and block a railroad strike before next month’s deadline in the stalled contract talks, following pressure…
Read more ‘A rail shutdown would devastate our economy’: Biden urges Congress to head off potential strikeStocks that traded heavily or had substantial price changes Friday: Boston Beer, Schlumberger rise; Snap, Twitter fall NEW YORK — Stocks that traded heavily or had substantial price…
Read more Boston Beer, Schlumberger rise; Snap, Twitter fall
