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Industrials News

Toyota recalls 1.67 million Toyota, Lexus cars worldwide

Japan's Toyota Motor Corp. said on Wednesday it would recall a total 1.67 million vehicles globally in a voluntary move to address three separate defects including a faulty brake master...

Posted on 10-15-2014 at 7:44 AM

CP and CSX: Hunter Harrison's 'precision railroading' version 3.0?

Hunter Harrison is quietly looking for a way to avoid the Windy City and take "precision railroading" to the next level.

Posted on 10-15-2014 at 11:00 AM

CSX stock soars in hopes CP will pursue takeover

Shares of railway CSX Corp. soared by as much as 10 percent in intraday trading on Monday after reports the U.S. company rejected an offer from Calgary-based Canadian Pacific Railway Ltd.

Posted on 10-14-2014 at 7:46 AM

CP Rail spurned after proposing merger with rival CSX

Canadian Pacific Railway Ltd. was rebuffed after approaching U.S. railroad CSX Corp. about a possible combination, the Wall Street Journal reported, citing unidentified people who had been...

Posted on 10-12-2014 at 5:29 PM

Tesla falls after Musk fails to dazzle with all-wheel drive car

Tesla Motors Inc. fell the most in three weeks after last night’s unveiling of an all-wheel drive Model S and driver-assisting tools.

Posted on 10-10-2014 at 12:47 PM

U.S. Steel wins approval of Canadian unit financing

The restructuring of U.S. Steel Canada Inc. will go ahead with its parent company providing $185-million in financing to support the Canadian unit through the end of next year.

Posted on 10-08-2014 at 11:44 PM

Bombardier CSeries delay forces Lufthansa’s Swiss to lease jets

Bombardier Inc.’s delays with the CSeries jet forced Deutsche Lufthansa AG’s Swiss subsidiary, the largest carrier buying the model, to lease aircraft from another planemaker starting next...

Posted on 10-06-2014 at 12:30 PM

Air Canada reaches tentative 10-year deal with its pilots

Air Canada has reached a tentative agreement on a new 10-year contract with its pilots' union, 1-1/2 years ahead of the expiration of the current contract at Canada's largest airline.

Posted on 10-06-2014 at 11:17 AM

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