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  • Midnight CSX trains aren’t going anywhere

    Traffic and erratic service are holding up CSX trains from making deliveries. Yahoo Finance’s Melody Hahm, Editor-in-Chief Andy Serwer & Dan Roberts debate on how to fix this colossal mess.

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  • American Express to Pay $96 Million to Consumers Over Card Terms
    Business
    The Street4 hours ago

    American Express to Pay $96 Million to Consumers Over Card Terms

    American Express Co (AXP) will pay $96 million to consumers over discriminatory terms in its credit card agreements, the company announced in a Wednesday statement. The U.S. Consumer Financial Protection Bureau ordered the payment after more than 200,000 consumers in the U.S. Virgin Islands, Puerto Rico and the Pacific Territories were involved in what it considered harmful practices from two American Express subsidiaries. Those practices included charging higher interest rates, enforcing stricter credit cutoffs and offering less debt forgiveness than it did for cardholders in the U.S. American Express said the offerings in the U.S. territories were "very competitive with local offerings," but

  • Boeing Roundup: $349M Air Force missile deal…Rolls-Royce engine for 787 Dreamliner hits key milestone
    Business
    Chicago Business Journalyesterday

    Boeing Roundup: $349M Air Force missile deal…Rolls-Royce engine for 787 Dreamliner hits key milestone

    Chicago-based Boeing (NYSE: BA) has operations around the country. Here are other recent stories reported by The Business Journals. EXCLUSIVE: Boeing exec who led supplier price-cutting effort moves to Chicago to head up M&A The Seattle-area Boeing Commercial Airplanes executive who led the company's efforts to press suppliers for lower prices has quietly moved to a new corporate job at Boeing. ( Puget Sound Business Journal) Subscriber content Air Force awards Boeing $349 million missile contract The U.S. Air Force has awarded Boeing Co. a $349 million contract for work on the nation's next intercontinental ballistic missile. ( St. Louis Business Journal) House speaker Paul Ryan will visit Boeing's

  • Business
    MarketWatch13 hours ago

    The stock market is now in ‘correction mode’

    The stock market seemed to be under a great deal of pressure on Aug. 10. Simultaneously, a number of buy signals have occurred, including the VIX “spike peak” buy signal and the “VXST crossover” buy signal. The upward shift had left support at 2437 — the lows of last week.