Ford stock has biggest daily drop since 2011 after inflation warning

Ford stock has biggest daily drop since 2011 after inflation warning

The Ford logo is pictured at the 2019 Frankfurt Motor Show (IAA) in Frankfurt, Germany. REUTERS/Wolfgang Rattay Register now for FREE unlimited access to Reuters.com Register Sept 20 (Reuters) – Ford Motor Co’s (F.N) stock tumbled over 12% on Tuesday in its deepest one-day decline in over a decade after the automaker said inflation-related costs … Read more

U.S. railroad strike averted with deal brokered by Biden administration

U.S. railroad strike averted with deal brokered by Biden administration

WASHINGTON, Sept 15 (Reuters) – Major U.S. railroads and unions secured a tentative deal on Thursday after 20 hours of intense talks brokered by President Joe Biden’s administration to avert a rail shutdown that could have hit food and fuel supplies across the country and beyond. If they accept the deal that was announced at … Read more

Biden, unions, rail executives struggle for deal as shutdown looms

Biden, unions, rail executives struggle for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials hosted labor contract talks late on Wednesday to avert a potential rail shutdown that could disrupt cargo shipments and impede food and fuel supplies, but one small union rejected a deal and Amtrak canceled all long-distance passenger trips. Railroads including Union Pacific (UNP.N), Berkshire Hathaway’s (BRKa.N) … Read more

U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources

U.S. railways to halt grain shipments ahead of potential shutdown -agriculture sources

CHICAGO, Sept 13 (Reuters) – Some U.S. railroads will start halting crop shipments on Thursday, a day ahead of a potential work stoppage, an agricultural association and sources at two grain cooperatives said on Tuesday, threatening exports and feed deliveries for livestock. With farmers starting to harvest autumn crops that are shipped to meat and … Read more

Biden administration presses unions, railroads to avoid shutdown

Biden administration presses unions, railroads to avoid shutdown

The United States Chamber of Commerce building is seen in Washington, D.C., U.S., May 10, 2021. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Sept 12 (Reuters) – The Biden administration urged railroads and unions to reach a deal to avoid a railroad work stoppage, saying on Monday it would … Read more

U.S. airlines commit to providing meals, hotel rooms for extended delays they caused

U.S. airlines commit to providing meals, hotel rooms for extended delays they caused

Passengers use self check-in machines as they travel from John F. Kennedy International Airport in Queens, New York City, U.S., July 2, 2022. REUTERS/Andrew Kelly Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 31 (Reuters) – Major U.S. airlines told the U.S. Transportation Department (USDOT) they will provide meals for customers delayed … Read more

Ship refloated after running aground in Egypt’s Suez Canal -sources

Ship refloated after running aground in Egypt’s Suez Canal -sources

An aerial view of the Gulf of Suez and the Suez Canal are pictured through the window of an airplane on a flight between Cairo and Doha, Egypt, November 27, 2021. REUTERS/Amr Abdallah Dalsh Register now for FREE unlimited access to Reuters.com Register CAIRO, Sept 1 (Reuters) – Tug boats refloated a ship that briefly … Read more

Authorities begin evacuation of fire-stricken ferry in Baltic Sea

Authorities begin evacuation of fire-stricken ferry in Baltic Sea

STOCKHOLM, Aug 29 (Reuters) – Swedish and Finnish rescue services began evacuating families and elderly passengers from a fire-stricken Swedish ferry in the Baltic sea late on Monday, but said the situation was calm and that no one had been injured. About 70 out of around 300 people onboard were scheduled to be evacuated by … Read more

Workers at UK’s biggest container port Felixstowe due to begin 8-day strike

Workers at UK’s biggest container port Felixstowe due to begin 8-day strike

A view shows stacked shipping containers at the port of Felixstowe, Britain, October 13, 2021. Picture taken with a drone. REUTERS/Hannah McKay Register now for FREE unlimited access to Reuters.com Register LONDON, Aug 21 (Reuters) – More than 1,900 workers at Britain’s biggest container port are due on Sunday to start eight days of strike … Read more

Low water levels on Danube reveal sunken WW2 German warships

Low water levels on Danube reveal sunken WW2 German warships

PRAHOVO, Serbia, Aug 19 (Reuters) – Europe’s worst drought in years has pushed the mighty river Danube to one of its lowest levels in almost a century, exposing the hulks of dozens of explosives-laden German warships sunk during World War Two near Serbia’s river port town of Prahovo. The vessels were among hundreds scuttled along … Read more