Hints and tips:
...Mallory vs Norfolk Southern Railway Where a company gets sued may seem like a technicality, but to businesses it is of vital importance....
...Tankers in a 149-car Norfolk Southern train carrying vinyl chloride caught fire and derailed after an overheating wheel bearing went undetected until too late....
...“It helped companies keep skilled workers on board but it was a big burden on the social security system and the federal budget.”...
...Supreme Court: The US’s highest court will hear oral arguments in Mallory vs Norfolk Southern Railway, a case that could shift how companies are sued in the US....
...It also has extensive operations in Mexico and owns a 50 per cent stake in the Panama Canal Railway Company....
...Supreme Court The US’s highest court will hear oral arguments in Mallory vs Norfolk Southern Railway, a case that could drastically shift how companies are sued in the US....
...Others reporting in the morning include CME Group, Norfolk Southern, Hess, Spotify, Bunge, Penske and Harley-Davidson....
...It’s one that is called Mallory versus Norfolk Southern Railway. And the whole sort of case is about an employee that is suing the company for alleged negligent behaviour....
...Norfolk Southern is struggling to fill gaps in its workforce as pandemic-related labour shortages persist....
...In September, chancellor Olaf Scholz announced the creation of a €200bn “protective shield” to cushion the impact of higher energy costs on companies and households, including a “brake” on the price of gas...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Norfolk Southern’s revenue and income rose strongly in the second quarter thanks as the US rail operator was boosted by the easing of Covid-19 restrictions....
...The share of R&D spending by private companies, measured as a share of GDP, is two-to-three times higher in southern Germany than it is in the east....
...In May, German Chancellor Olaf Scholz raised the alarm over China’s lending spree in poorer countries, particularly in Africa....
...Union Pacific and Norfolk Southern both say they move a ton of freight 444 miles on a single gallon of diesel. The industry continues to invest to improve its sustainability....
...The last big deal occurred in 1999, when CSX and Norfolk Southern took over and divided Conrail between themselves....
...He has waged battles against companies including Wendy’s, McDonald’s, Fortune Brands, Canadian Pacific Railway and JCPenney....
...Both Canadian firms operate in the central and eastern US, along with rivals CSX and Norfolk Southern....
...Whoever wins the Canadian battle over Kansas City Southern, the smallest of the seven Class 1 railways that haul US freight, will pull off the first major rail deal since 1999, when CSX and Norfolk Southern...
...The race to buy the smallest of seven Class 1 railway groups that service the North American freight market is the boldest attempt to consolidate the industry since CSX and Norfolk Southern acquired Conrail...
...It is a change of direction for Canadian Pacific, rebuffed in two public courtships of rivals, first of CSX and then of Norfolk Southern. Both concentrated on the US north-east....
...Canadian Pacific Railway’s proposed takeover of the Kansas City Southern railroad is a $29bn bet on smooth commerce between Canada, the US and Mexico after the three countries replaced their contentious...
...Chinese companies are building a railway from Serbia’s capital to Budapest and implementing other infrastructure and security projects, leading the US-based Center for Strategic and International Studies...
...Under Ackman’s new regime, the Canadian operator unsuccessfully approached US rival CSX, and then Norfolk Southern, about potential mergers in 2014 and 2016....
...; Aveva; IWG; PZ Cussons Wednesday ADP; Apple; Boeing; Boston Scientific; Equinix; Facebook; GlaxoSmithKline; Humana; Moody’s; Norfolk Southern; Qualcomm; Sanofi; ServiceNow; Deutsche Bank; eBay; Ford...
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