Tag: PMN Business

Aug 23

Oil production boosts government income in New Mexico, as legislators build savings ‘bridge’

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Morgan Lee Published Aug 23, 2023  •  Last updated 22 minutes ago  •  3 minute read Join the conversation Article content SANTA FE, N.M. (AP) — Record-breaking oil production in New Mexico is likely to provide state government with a new multibillion-dollar surplus during […]
Aug 23

Rail union wants new rules to improve conductor training in the wake of 2 trainee deaths

Breadcrumb Trail Links PMN Business Author of the article: The Associated Press Josh Funk Published Aug 23, 2023  •  3 minute read Join the conversation FILE – A CSX freight train passes through Homestead, Pa., Feb. 12, 2018. The nation’s largest railroad union wants federal regulators to do more to ensure conductors are properly trained […]
Aug 22

BHP’s Full-Year Profit Falls 37% as China’s Metals Demand Wanes

Article content (Bloomberg) — BHP Group Ltd., the world’s biggest miner, missed analysts’ forecasts as its full-year profit slumped, with China’s struggling economy weighing on demand for iron ore and other commodities. Twelve months after posting its highest-ever profit as prices soared, the deteriorating economic outlook in the world’s biggest metals consumer has seen BHP’s […]
Aug 20

Cargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel Burn

Breadcrumb Trail Links PMN Business The biggest agricultural trader in the world turns to an old-tech solution as commercial shipping looks for ways to clean up its act. Author of the article: Bloomberg News Jack Wittels and Gerson Freitas Jr Published Aug 20, 2023  •  4 minute read Join the conversation wxjw2m9pk}05uk[aao8rv3br_media_dl_1.png Source: DNV using S&P […]