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Industry and shippers brace for Canada rail stoppage, fear 'catastrophe'

UPDATE 1-Industry and shippers brace for Canada rail stoppage, fear 'catastrophe' Talks between rail companies and Teamsters deadlocked, each side accuses other of bad faith Industry groups urge Trudeau's government to prevent stoppage, citing economic impact U.S. rail operator Norfolk Southern embargoes hazardous cargoes to/from CN and CPKC networks Add details from logistics firms, lobby associations, details on impact By David Ljunggren and Promit Mukherjee OTTAWA, Aug 14 (Reuters) - North Am
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Industry and shippers brace for Canada rail stoppage, fear 'catastrophe'

Industry and shippers brace for Canada rail stoppage, fear 'catastrophe' Talks between rail companies and Teamsters deadlocked, each side accuses other of bad faith Industry groups urge Trudeau's government to prevent stoppage, citing economic impact U.S. rail operator Norfolk Southern embargoes hazardous cargoes to/from CN and CPKC networks By David Ljunggren, Promit Mukherjee OTTAWA, Aug 14 (Reuters) - North American industry groups and shippers are bracing for an unprecedented simultaneous st
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U.S. stocks weekly: Jitters

RPT-BUZZ-U.S. stocks weekly: Jitters Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX extends losing streak to three weeks, slides 2.1% as recession fears reemerge .N ** Though 100-DMA, just above 5,300, acting as support, essentially contains SPX weakness ** Cboe Volatility Index .VIX , Wall Street 'fear gauge', leaps on Fri to nearly 30, closes at highest since Mar 2023 ** Nasdaq .IXIC slumps 3.4% on the week, confirms correction ; indeed, four FANGs fail to fend off
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U.S. stocks weekly: Jitters

BUZZ-U.S. stocks weekly: Jitters ** S&P 500 .SPX extends losing streak to three weeks, slides 2.1% as recession fears reemerge .N ** Though 100-DMA, just above 5,300, acting as support, essentially contains SPX weakness ** Cboe Volatility Index .VIX , Wall Street 'fear gauge', leaps on Fri to nearly 30, closes at highest since Mar 2023 ** Nasdaq .IXIC slumps 3.4% on the week, confirms correction ; indeed, four FANGs fail to fend off further Nasdaq flop ** U.S.
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U.S. STOCKS Spirit Airlines, Labcorp, Air Products and Chemicals

BUZZ-U.S. STOCKS ON THE MOVE-Spirit Airlines, Labcorp, Air Products and Chemicals Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main stock indexes fell over 1% on Thursday, bogged down by megacap tech and chip stocks, while small-caps bore the brunt of selling pressure as weak manufacturing data renewed concerns around a slowdown in the U.S.
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