The global coal markets have been on a tear lately. And America’s miners still are tanking.
The bankrupt estate of Sears Holdings Corp. sued Eddie Lampert and his hedge fund ESL Investments Inc., claiming they wrongly transferred $2 billion of company assets beyond the reach of creditors in the years leading up to the retailer’s bankruptcy.
The CEO of the world’s largest alternative asset manager is confident the United States isn’t headed toward a recession any time soon and is certain the nation will strike a trade deal with China, Schwarzman said in a Bloomberg Television interview Apr…
Kansas City Southern, the smallest of the Class 1 railroads in North America, on April 17 reported first-quarter financial results that beat Wall Street’s expectations.
Flowspace, a technology firm that helps businesses manage warehousing and fulfillment services, received $12 million in funding from an investment group led by Canvas Ventures.
U.S. retail sales jumped by the most since September 2017 as gains in motor vehicles and gasoline stations boosted sales, signaling consumers are giving the economy greater support.
Iowa’s transportation agency will receive federal assistance to repair flood-damaged roads.
The launch of the Nikola Two tractor just days ahead of Earth Day — April 22 — was a fitting and, perhaps, deliberate gesture by the company to spotlight the trucking industry’s progress in improving its level of environmental responsibility.
CSX reported record first-quarter financial results April 16, thanks in part to the Jacksonville, Fla.-based railroad’s increases in freight delivery and lower operating costs.
GLENWOOD, Iowa — The federal agency that manages dams along the Missouri River received stern criticism from several U.S. senators April 17 during a hearing held to examine the massive spring flooding that caused more than $3 billion in damage in the M…