19 Apr Anthony Foxx, Andrew Wheeler, Shoshana Lew to Participate in Infrastructure Week 2019 Not to be confused with the occasional White House announcement of an “infrastructure week,” the actual Infrastructure Week is scheduled for May 13-20, with events in Washington and throughout the country. Read more...
19 Apr Louisiana Grand Champion Eric Courville Honed Craft With Navy Service “I am not amazing.” That’s what Eric Courville says, but his competitors in the Louisiana Truck Driving Championships might dispute that. Read more...
19 Apr Training on Collision Avoidance Tech Is Essential, Industry Experts Say Training is a critical step when incorporating collision avoidance technology into fleets, according to representatives from the trucking industry. Read more...
19 Apr Tesla’s Elon Musk, SEC Get More Time to Solve Spat Over Tweets In a joint letter to U.S. District Judge Alison Nathan, Tesla Inc.’s top executive and the securities regulator said they haven’t been able to resolve a legal dispute over how Musk posts news about his electric-car company. The judge agreed and gave them until April 25. Read more...
19 Apr Housing Starts Fall in March to Weakest Pace Since 2017 U.S. new-home construction unexpectedly fell in March, decelerating to the slowest pace since May 2017 and suggesting builders remain wary even as lower mortgage rates and steady wage gains offer support to consumers. Read more...
19 Apr Two Texas Oil Towns Among Metros With Fastest Population Growth Two Texas economies are reaping the benefits from the oil boom in the Permian Basin with people “voting with their feet.” Read more...
18 Apr Coal Prices Are Up, and US Miners Still Can’t Catch a Break The global coal markets have been on a tear lately. And America’s miners still are tanking. Read more...
18 Apr Sears Estate Sues Eddie Lampert, Claiming Illegal Transfer of Assets 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. Read more...
18 Apr Blackstone Group CEO Stephen Schwarzman Sees US-China Deal, No Sign of Recession 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 April 18. Read more...
18 Apr Kansas City Southern Reports Strong First-Quarter Earnings 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. Read more...