CN Rail profits fall alongside container shipment revenue
Canadian National Railway Co. says earnings slid last quarter amid higher labour costs and lower revenue from container shipments.
Canadian National Railway Co. says earnings slid last quarter amid higher labour costs and lower revenue from container shipments.
The London Metal Exchange is imposing new rules surrounding the movement of metal in its warehousing network, taking aim at a lucrative and complex trading opportunity that emerged after the imposition of sanctions on Russian metal earlier this month.
Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., has drawn about 20 times as many orders for its planned initial public offering as there are available shares, people familiar with the situation said.
Traders in the US interest-rates market have started to put on wagers that the Federal Reserve will refrain from cutting borrowing costs this year.
Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.
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