Norfolk South profit dented by lower coal and fuel surcharges

CHICAGO (Reuters) – U.S. railroad Norfolk Southern Corp on Monday reported a lower quarterly net profit as coal freight shipments and fuel surcharge revenue fell, and said coal would continue to weigh on results this year.


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Norfolk South profit dented by lower coal and fuel surcharges

Taxi laws need post-Uber rethink, French economy minister says

(Reuters) – Taxi legislation needs to adapt to the arrival of online ride-hailing services like Uber, France’s Economy Minister Emmanuel Macron said on Monday as he convened talks to address the controversial issue.

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Taxi laws need post-Uber rethink, French economy minister says

Kearny names Carlstadt firm as designated developer for Passaic riverfront tract

Russo Development has been named the developer for a Passaic riverfront tract where the firm has proposed building 458 rental units.

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Kearny names Carlstadt firm as designated developer for Passaic riverfront tract

Chinese regulator vows share support after markets tumble 8.5 percent in a day

SHANGHAI (Reuters) – China said on Monday it was prepared to buy shares to stabilize the stock market and avert “systemic risks”, after major indices plunged more than 8 percent in the biggest one-day fall since 2007.


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Chinese regulator vows share support after markets tumble 8.5 percent in a day

Owner of Bayonne hair salon giving back to her native Dominican Republic

Dominican-born Zoila Yunes, owner of Viola’s Beauty Salon in Bayonne, makes her annual trip to Santo Domingo to give back.

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Owner of Bayonne hair salon giving back to her native Dominican Republic

Alstom to take 300 million euro hit to help GE sale through

PARIS (Reuters) – Alstom is to accept a 300 million euro ($333 million) reduction in the price it will get for selling its power turbines unit to General Electric as a contribution to the U.S. firm’s efforts to get antitrust clearance in Europe.


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Alstom to take 300 million euro hit to help GE sale through

Goldman Sachs must pay $1.8 million for reporting failures: FINRA

(Reuters) – A Goldman Sachs Group Inc unit must pay $1.8 million for not reporting “substantial” details about its alternative trading system orders to a system that tracks that information, and also for other lapses, Wall Street’s industry-funded watchdog said.

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Goldman Sachs must pay $1.8 million for reporting failures: FINRA

Greek creditors seek third wave of reforms before loan

BRUSSELS/ATHENS (Reuters) – International creditors want Greece to enact a third wave of politically sensitive reforms before they will release any money to keep the near bankrupt country afloat under a third bailout they began negotiating on Monday.


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Greek creditors seek third wave of reforms before loan

U.S. business capex gauge rebound offers hope for factories

WASHINGTON (Reuters) – A gauge of U.S. business investment plans rebounded solidly in June after two straight months of declines, suggesting the drag on manufacturing from capital spending cuts was starting to ebb.


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U.S. business capex gauge rebound offers hope for factories

Wall St. falls as Chinese shares, commodities slide

(Reuters) – Wall Street began the week in the red on Monday and fell sharply on concerns about China’s slowing growth in the wake of the biggest drop in Shanghai shares in eight years.


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Wall St. falls as Chinese shares, commodities slide

New Greek bailout talks start, creditors seek more action

BRUSSELS/ATHENS (Reuters) – Talks between Greece and its international creditors on a third bailout began in Athens on Monday but the lenders want to see more reforms turned into law before they disburse the first loans to keep the near-bankrupt country afloat.


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New Greek bailout talks start, creditors seek more action

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