The head of the Justice Department’s antitrust division said he's concerned about the proposed voting trust structure Canadian Pacific Railway wants to use to acquire Norfolk Southern Corp.
March 10, 2016Business
Construction Spending in January Exceeds Expectations
Construction outlays surged a greater-than-expected 1.5% in January after an upwardly revised 0.6% advance (prior was 0.1%) a month earlier — a combination that will help spur first-quarter gross domestic product.
March 1, 2016GovernmentBusinessSafety
Transport Topics Closed Jan. 25, 26 as Washington Digs Out From Blizzard
Arlington, Va.-based Transport Topics is closed Jan. 25 and Jan. 26 as Washington struggles to overcome the blizzard that blanketed parts of the Mid-Atlantic region with two feet of snow.
January 25, 2016BusinessFuel
Brent Crude Oil Dips Below $30 a Barrel for First Time Since 2004
Brent oil dropped below $30 a barrel for the first time since April 2004 on speculation Iranian shipments will soon climb.
January 14, 2016BusinessEquipment
Pep Boys Spurns Bridgestone, Agrees to Be Bought by Carl Icahn
Pep Boys has agreed to be acquired by Carl Icahn for more than $1 billion after Bridgestone Corp. backed down from a bidding war with the billionaire investor.
December 30, 2015Business
°®¶¹´«Ã½ Values Rise 5.2% Nationally in October
°®¶¹´«Ã½ values in 20 U.S. cities rose at a faster pace in the year ended October as lean inventories of available properties combined with steadily improving demand.
December 29, 2015Low Gas Prices Help Boost Consumer Confidence
Consumer confidence rebounded more than forecast in December as Americans grew more optimistic about the current state of the economy and job market.
December 29, 2015Government
Most Moscow Residents Support Protest by Truckers, Survey Says
Moscow residents are broadly supportive of protests by longhaul truckers over a new toll system in Russia, the Levada Center said.
December 11, 2015GovernmentBusiness
New Jersey Democrats Support Pairing Higher Gas Tax With Cuts
Democrats who control the New Jersey Legislature are ready to back a proposal to increase the state’s gasoline tax in exchange for cutting other levies.
December 8, 2015Business
Orders for Business Equipment Rise More Than Predicted
Orders for U.S. business equipment climbed more than forecast in October, indicating steady domestic demand is encouraging corporate investment even as global sales waver.
November 25, 2015