Transport Topics
Maersk Plunges as Investors Dump Trade Icon on Trump’s Tweets
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Shares in A.P. Moller-Maersk A/S, the world’s largest container shipping line, plunged the most in two months after President Donald Trump escalated his trade war against China.
Pipelines Add Room on ‘Unrelenting’ Demand for Canada’s Oil
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U.S. refiners want more Canadian oil, and pipeline companies are finding ways to get it to them. Companies are adding space to their congested oil export pipelines from Canada even as plans for bigger expansions and new lines face delays.
Chevron Earnings Jump on Permian Output, Andarko Breakup Fee
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Chevron Corp. posted strong production growth from the Permian Basin combined with a stabilization in its refining operations to beat earnings estimates in the second quarter.
Amazon Loses ‘Last Bear’ Among Stock Analysts
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Amazon.com’s last bear has given up. Allen Gillespie came into this week the only one of 55 financial analysts tracked by Bloomberg with a “sell” rating on the company’s shares. In a note to clients July 30, he upgraded the retail and technology giant to “hold.”
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