Norfolk Southern Lays Tracks For Cost Cuts, Service Improvements With 2021 Strategic Plan

Norfolk Southern Corp. (NYSE: NSC) is starting a three-year sprint to improved profitability through the precision scheduled railroading (PSR) business model that's been embraced by a growing number of Class 1 railroads. read more.....»»

Category: blogSource: benzingaFeb 12th, 2019

Norfolk Southern announces strategic plan targeting 60% operating ratio

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallFeb 11th, 2019

Hulu Raises Price of Live TV Service, Cuts Cost of Basic Plan

Hulu is lowering the price for its least expensive subscription plan while raising the cost of its live TV offering, a move that aims to bolster its subscriber numbers while increasing the margins on its most expensive plan......»»

Category: smallbizSource: wsjJan 24th, 2019

Can Louisiana-Pacific"s Siding Business Combat Cost Woes?

Louisiana-Pacific's (LPX) strong Siding business, strategic investments and business transformation plan are driving growth. However, higher costs and expense.....»»

Category: worldSource: nyt9 hr. 49 min. ago

BMW warns of significant profit fall in 2019, seeks 12 billion euros in cuts

BMW on Wednesday said it expected group pretax profit to fall by more than 10 percent in 2019 and announced a sweeping 12 billion euro ($13.6 bln) cost savings and efficiency plan to help offset higher technology investment and currency costs......»»

Category: topSource: reutersMar 20th, 2019

Southwest Airlines wins U.S. approval for Hawaii service

Southwest Airlines Co said on Wednesday it won approval from the U.S. Federal Aviation Administration to begin flying to Hawaii from California, clearing the way for the low-cost carrier to move forward with a key part of its 2019 growth plan......»»

Category: topSource: reutersFeb 27th, 2019

StanChart’s Winters Needs a Plan for Growth

The CEO’s cost cuts can take the bank only so far. It needs scale to compete effectively......»»

Category: topSource: washpostFeb 26th, 2019

Tax increases, service cuts, pension headaches: Towns give dire warnings on city-county merger

Some municipalities warn state auditor that Better Together's plan would lead to significant losses or even dissolution.....»»

Category: topSource: bizjournalsFeb 22nd, 2019

Norfolk Southern Fast-Tracks Profitability

The railroad is fully embracing a strategy designed to boost efficiency......»»

Category: topSource: foxnewsFeb 15th, 2019

Why Legg Mason"s CEO says new "global platform" isn"t just a cost-cutting plan

Legg Mason CEO Joseph A. Sullivan wanted to be clear that Legg Mason is not just "making short-term cost cuts in response to a challenging market.".....»»

Category: topSource: bizjournalsFeb 5th, 2019

Deutsche Bank"s slump deepens as trading hit hurts revenue

Deutsche Bank AG shrank for an eighth straight quarter in the final months of last year, leading Chief Executive Officer Christian Sewing to pledge yet more cost cuts as he seeks to persuade investors his turnaround plan can produce sustainable profits......»»

Category: topSource: moneycentralFeb 1st, 2019

Hulu hikes price for live TV service, cuts basic package cost

Hulu's live-TV streaming service will cost $5 more per month, while its traditional video-on-demand service will be $2 cheaper......»»

Category: topSource: moneycentralJan 23rd, 2019

Netflix shares edge lower after rival Hulu cuts prices

Netflix Inc. shares fell 1.4% Wednesday, after rival streaming video service Hulu announced price cuts for its monthly service, just a week after Netflix raised the price of its U.S. plan......»»

Category: topSource: marketwatchJan 23rd, 2019

Hulu cuts base subscription price by 25%, Netflix shares extend fall

Streaming video service Hulu has cut prices for its base, ad-supported subscription plan to $5.99 a month from $7.99 a month, effective in February. The move by Hulu, which is jointly owned by Walt Disney .....»»

Category: topSource: marketwatchJan 23rd, 2019

Hulu updates monthly pricing: Live TV bill goes up while on-demand cost drops

Hulu has a new pricing plan coming. The streaming TV service is raising the price of Live TV by $5 monthly, while dropping on-demand by .....»»

Category: topSource: usatodayJan 23rd, 2019

Port Report: Busiest U.S. East Coast Port Improves Rail Service As Way To Reach U.S. Midwest

A record-setting year for container imports into the Port of New York and New Jersey has not only benefitted ocean carriers serving the Port, but its two incumbent railroads, Norfolk Southern (NYSE: NSC) and CSX Corporation (NASDAQ: read more.....»»

Category: blogSource: benzingaJan 14th, 2019

Norwegian Air says liquidity is "satisfactory" as it cuts costs

Norwegian Air Shuttle ASA said its cash position is “satisfactory” and a cost-savings plan is bearing fruit as the debt-strapped budget carrier faces disruptions to its long-haul flights during the slow winter season......»»

Category: topSource: moneycentralDec 24th, 2018

AAC Holdings announces strategic initiatives, $15M cost reduction plan

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallDec 7th, 2018

Columbus ticket tax proposal cut to 5%, with Nationwide Arena funding its own improvements

Columbus City Council is set to unveil a revised proposal to fund arts organizations with a tax on tickets to many events held in the city. The new plan cuts the proposed levy from 7 percent – which would have been the second-highest in the state.....»»

Category: topSource: bizjournalsNov 27th, 2018

Readiness, running distance, cost key factors for electric bus service

Operational readiness, endurance running distance and procurement cost are key factors for bus companies when they consider adopting electric buses, according to Great City Life Bus (G-Bus), a bus service operator in Kaohsiung, southern Taiwan......»»

Category: topSource: digitimesNov 20th, 2018

Norfolk Southern could occupy new Midtown HQ by 2021

On the day Atlanta officially lost its bid for Amazon’s HQ2, another Fortune 500 headquarters was preparing to roll into town. Rail giant Norfolk Southern Corp. could see construction on its $575 million Midtown headquarters start as early as next sum.....»»

Category: topSource: bizjournalsNov 14th, 2018