The railroad industry has defended the devices, saying they have helped reduce accidents. Deploying better monitoring equipment
to the more than 1.6 million freight cars in North America would cost huge sums.
The Swiss bank was ordered to take remedial measures by Finma, which include a periodic executive board level-review of the most important business relationships for counter-party risks.
A deadly mine accident in northern China is casting a spotlight on the dangers inherent in the country’s effort to prioritize energy security by boosting coal production.
Top automakers including Tesla, General Motors, and Ford are heading out on the mining conference circuit as soaring demand for metals used in electric vehicles ignites a scramble to lock in long-term supplies.
The sorting centers are designed to further Target’s strategy of using its stores to handle online orders as it vies with Amazon.com Inc. and Walmart Inc. for sales.
With more shoppers buying on credit and returning goods to stores, the better-than-expected sales at Christmas may not have been as meaningful as some observers hoped.