Home » Industry

Oil Falls To Lowest Level Since Jan. 2019

Oil Falls To Lowest Level Since Jan. 2019

Fears of falling crude demand due to the coronavirus outbreak has continued to batter oil prices. U.S. West Texas Intermediate crude (WTI) posted its fifth straight session of losses while international benchmark Brent crude fell... 
Many Flights To Mainland China Suspended Over Coronavirus Outbreak

Many Flights To Mainland China Suspended Over Coronavirus Outbreak

Around the world, airlines are suspending their flights to mainland China because of the coronavirus epidemic ravaging the country. The World Health Organization’s has declared the outbreak a global health emergency. The U.S.... 
U.S. Milk Industry Is In Trouble

U.S. Milk Industry Is In Trouble

The milk industry in the United States has been under a lot of pressure in recent years. Those pressures have led to bankruptcies at every level of the industry. Now, the pressures are taking down milk processers, with several... 
J.C. Penney Surprises With Smaller Loss Than Anticipated

J.C. Penney Surprises With Smaller Loss Than Anticipated

J.C. Penney Co. Inc. (NYSE: JCP) saw its shares rally after it reported a smaller-than-expected quarterly loss for its most recent quarter. The 117-year-old retailer reported an adjusted loss of 30 cents per share, lower than... 
Major Milk Company Files For Bankruptcy

Major Milk Company Files For Bankruptcy

Dean Foods (‎NYSE‎: DF), the nation’s biggest milk producer, has filed for Chapter 11 bankruptcy protection to reorganize its debt and help fund pensions while it looks to sell the company. The company said substantially... 
Amtrak Records Record Ridership Year

Amtrak Records Record Ridership Year

Amtrak reported record ridership and revenue for 2019 in its latest annual report, marking its third straight year of record ridership and revenues. For the fiscal year ending September 30, Amtrak provided 32.5 million passenger... 
Ford, UAW Agree To Labor Contract

Ford, UAW Agree To Labor Contract

The United Auto Workers (UAW) and Ford Motor Co. (NYSE: F) have reached an agreement on a proposed tentative labor contract. The deal was being negotiated at Ford World Headquarters in Dearborn, Michigan by teams... 
California Power Outages Could Continue For A Decade

California Power Outages Could Continue For A Decade

Northern Californians may be experiencing widespread power cuts like the one they suffered last week for the next decade, according to PG&E Corp. CEO Bill Johnson. During an emergency meeting with the California Public Utilities... 
Pig Pandemic Pushing Pork Prices Higher

Pig Pandemic Pushing Pork Prices Higher

An outbreak of African swine fever has decimated the Chinese pig population and is spreading across Asia. The World Organization of Animal Health now believes that the disease has spread to more than 50 countries. Now, many families... 
U.S. Briefly Topped Saudi Arabia In Oil Exports

U.S. Briefly Topped Saudi Arabia In Oil Exports

The International Energy Agency (IEA), which monitors energy supplies for the world’s richest nations, revealed in its latest report that the United States briefly held the title of top oil exporter over Saudi Arabia and Russia... 
Energy-efficient Lightbulb Standards Reversed

Energy-efficient Lightbulb Standards Reversed

Energy-efficiency standards for lightbulbs that were set to take effect next year have been reversed by the Department of Energy (DOE). The new standards, set to go into effect in January 2020, aimed to gradually phase out incandescent... 
Coal Sees Far More Mining Deals that Battery Metals

Coal Sees Far More Mining Deals that Battery Metals

Coal and iron dominated 2017 mining takeovers, show data released earlier this week, with buyers favoring the polluting energy maker they are familiar with over uncertainties of a future that is battery powered. While the largest of... 
Advertising groups in US criticize Apple over cookie blocking in Safari

Advertising groups in US criticize Apple over cookie blocking in Safari

Apple is at the receiving end of criticism from major advertising groups in the US after Cupertino’s plans of integrating a cookie-blocking technology into the new version of its web browser Safari came to the fore. Reports in...