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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.... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »
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... More of this article »