74.7 F
Fort Worth
Friday, October 23, 2020

Bloomberg Thomas Black

14 POSTS0 COMMENTS

Gunmaker Smith & Wesson to drop 19th-century founders from name

Smith & Wesson Holding Corp., maker of handguns carried by Civil War soldiers and Clint Eastwood's 1970s police character Dirty Harry, is looking to...

Robert Bass-backed company’s plan for supersonic private jet hits engine snag

Aerion Corp., backed by Texas billionaire Robert Bass, has hit a snag in the crucial task of selecting an engine maker to build a...

Rise of private-jet ride sharing crimps new aircraft orders

Thanks to new technology, flying in a private jet is no longer just for business titans and the super-wealthy.But in a paradox, that means...

Railroads’ earnings turmoil deepens as trucks poach freight

Railroads lost cargo to trucks in the third quarter, adding to a yearlong slide in profits as demand tumbled for coal, oil and metals.Intermodal...

Buffett’s 167-year-old railroad tests skies for drone age

Before some cutting-edge online retailer can use a drone to drop granola bars on your doorstep, a railroad born when Abe Lincoln was in...

Fragile U.S. economy now facing a slowdown in building boom

At a quarry in Bridgeport, Texas, where rock is crushed, sorted and cleaned, it's hard to tell that the nation's construction boom may be...

Railroad investors see plunging second-quarter profit at bottom

Railroad shipments are falling at the fastest pace since 2009, employees are getting furloughed and profits probably fell for the fifth straight quarter. Yet...

Driverless fever is everywhere – except in one industry

Peter Mills sees an inconsistency. One arm of the U.S. Department of Transportation is recommending two-person crews be required for freight trains as another...

Railroads jump as commodities rally boosts outlook for carloads

CSX Corp., Norfolk Southern Corp., and Union Pacific Corp. climbed as lower coal stockpiles and a commodities rally led by grain and oil hinted...

CEO-class private jets go begging for buyers, crushing prices

The private jet Janine Iannarelli is selling for a Russian client has leather seats, wood paneling, a satellite phone and can fly nonstop from...

Today

FDA approves first COVID-19 drug: antiviral remdesivir

By MARILYNN MARCHIONE AP Chief Medical WriterU.S. regulators on Thursday approved the first drug to treat COVID-19: remdesivir, an antiviral medicine given...