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Corporate/Industrial News
‘Hurry Up and Get It Done’: Norfolk Southern Set Railcar Safety Checks at One Minute
In the world of railroading, keeping the trains moving is paramount, and Norfolk Southern Corp. has little tolerance for late departures. Supervisors can be penalized
Wall Street Bonuses Fall by Most Since 2008
The average bonus was $176,000 last year, down 26% from 2021. Source link
Green Energy Is Stuck at a Financial Red Light
After years of uncertainty, last year’s Inflation Reduction Act finally gave America’s renewable-energy industry a long, green signal. Now the economy is blocking the road.
JD.com’s Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
Markets Stocks IPOs Chinese e-commerce giant says it plans to spin off the two businesses through separate listings Source link
White House Calls for Tougher Midsize Bank Rules
The changes would apply to banks with $100 billion to $250 billion in assets, a group where the Federal Reserve is already rethinking its rules
Eurozone Core Inflation Hits Record High
Economy Europe Economy The headline inflation rate fell sharply in March but policy makers worry the search for bigger profits may keep other prices rising
Virgin Orbit to Cut Workforce by 85%
The satellite-launch company is cutting expenses after failing to secure meaningful funding. Source link
Bed Bath & Beyond Ends Hudson Bay Deal, Turns to Market for $300 Million to Avoid Bankruptcy
Bed Bath & Beyond Inc. said it will try to sell up to $300 million of common stock in the open market while terminating a
Ford Raises Price Again on Electric F-150 Lightning Truck
Business Autos & Transportation Autos Industry Auto maker resumes full production of the truck after addressing a battery issue Source link
JD.com's Property and Industrial Units Seek About $1 Billion Each in Hong Kong IPOs
The Chinese e-commerce giant said it plans to spin off the two businesses through separate listings. Source link