business
Opinion | The Essential Norman Podhoretz
‘I still think there’s only one question,’ he said in 2021: ‘Is America good or bad?’ Source link
America’s Largest Landowner Bets It Can Replace Met Coal With Pine Trees
Weyerhaeuser has launched a venture to turn runty trees and sawdust into a replacement for metallurgical coal used in steel making. Source link
Tech, Media & Telecom Roundup: Market Talk
Find insight on Netflix, Paramount, Amazon and more in the latest Market Talks covering technology, media and telecom.. Source link
U.S. Crude Oil Stockpiles Fall for Second Straight Week
Commercial crude oil stocks fell by 1.3 million barrels to 424.4 million barrels last week as exports increased and refineries stepped up their capacity use, said the U.S. Energy Information Administration. Source link
Why $10,000 Bonuses for Air-Safety Workers Are Backfiring
Incentive payments for shutdown performance are drawing pushback from unions and workers. Trump administration officials say the bonuses reward dedication. Source link
John E. Olson, Analyst Who Was an Early Skeptic of Enron, Dies at 83
Merrill Lynch researcher lost his job after refusing to promote the doomed firm’s stock. Source link
Nucor, Steel Dynamics Warn of Profit Shortfalls
Steelmakers Nucor and Steel Dynamics warned that their fourth-quarter earnings would fall well short of Wall Street’s expectations. Source link
TransAlta Gets Energy Department Order to Keep Washington Coal-Fired Plant in Operation for 90 Days
TransAlta has been ordered by the Energy Department to keep open for a 90-day period a coal-fired power station in Washington state that had been earmarked for closure. Source link
Franco-German Defense Group KNDS to Go Public in Dual Listing
Formed from the combination of Germany’s Krauss-Maffei Wegmann and France’s Nexter, the company has emerged as a key beneficiary of demand from the war between Russia and Ukraine. Source link
General Mills Quarterly Profit Falls Amid Price Cuts
General Mills reported lower second-quarter profit and sales as the company leans on price cuts to attract inflation-weary consumers. Source link