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us railroad

U.S. Rail Traffic in Second Week of November Climb 0.5 Percent from Year Ago

The Association of American Railroads reported gains in rail traffic for the week ending Nov.12, 2011, with U.S. railroads originating 299,591 carloads, up 0.5 percent compared with the same week last year. Intermodal volume for the week totaled 244,972 trailers and containers, up 5.2 percent compared with the same week last year.
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UBS Shares Rise on Pledge to Restart Dividends

Shares in Swiss bank UBS rose on Friday as investors welcomed its pledge to start paying dividends again, though its plans to trim its scandal-hit investment bank failed to go as far as some had hoped.
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Reed Elsevier on Track in Economic Storm

Anglo-Dutch publishing and events group Reed Elsevier Plc/NV posted a 1 percent rise in underlying sales for the first nine months of the year and said macroeconomic uncertainty had had only a marginal effect on its results.
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Zero Motorcycles Shows Off New Lineup

California-based electric motorcycle maker Zero Motorcycles recently unveiled their 2012 line of bikes, boasting five models, a new powertrain and a battery pack that they claim will last the life of the bike.
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GE planning new software center in California

General Electric Co plans to hire about 400 people to work in a new software development center it intends to open in San Ramon, California, next year, the largest U.S. conglomerate said on Thursday.
Businessmen chat in front of a Standard Bank logo in Sandton outside Johannesburg

Standard Bank targets Africa's SME sector

Standard Bank Group is now financing small and medium-sized (SME) enterprises, tapping into a lucrative segment that was previously ignored by mainstream lenders but is increasingly on the agenda for most African governments.
British Airways

Nigeria fines BA, Virgin Atlantic total $235 mln

Nigeria said on Thursday it was fining airlines British Airways and Virgin Atlantic a total of $235 million, as an ongoing row between Britain and Africa's most populous nation over landing slots and ticket prices escalates.
RCMP to probe sexual harassment claims

RCMP to probe sexual harassment claims

Canada will probe allegations of widespread sexual harassment at the storied Royal Canadian Mounted Police, looking into the latest in a string of problems that have tarnished the reputation of the national force.
A customer walks past a Carrefour outlet in Kuala Lumpur

Analysis: Axe Hangs over Carrefour Revamp Plan, CEO

Carrefour, the world's second-biggest retailer, must slash prices, build more convenience stores and attract online shoppers as dire economic times make the current CEO's hypermarket revival plan increasingly obsolete.
An Illinois judge set the bond at $40,000 for an algebra teacher at a Christian school who admitted to investigators that he masturbated behind a lectern Friday during class, WWLS-TV reported Wednesday.

Masturbating Minister Paul LaDuke's Bond Set at $40,000

An Illinois judge set the bond at $40,000 for an algebra teacher at a Christian school who admitted to investigators that he masturbated behind a lectern Friday during class, WWLS-TV reported Wednesday. Paul LaDuke, a 75-year-old minister in charge of a class full of minors, confessed that until one of them caught him in the act, he would put an apron on and masturbate while he thought about girls in the room for 10 years.
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Encouraging Signs for Munis, Though California Bumpy

Threats of money problems continue to hang over U.S. local governments, but most cities and counties will still be able to pay their debts in the near future, Janney Capital Markets said in a special report on Wednesday.

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