Government orders moratorium on railroad industry mergers
The Surface Transportation Board imposes a 15 month halt on railroad mergers after hearings on rail industry stability. Chair Linda Morgan cites financial and service instability from recent consolidations. Canadian National Railway deal blocked. CSX and industry critics welcome pause.
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Linda Morgan
Canadian National Railway
Nova Scotia
Los Angeles
Gulf of Mexico
Vancouver
British Columbia
House Transportation Committee
Bud Schuster
R-Pa
STB
Robert D. Krebs
Canadian National Railway Company
Aed National Railway
Kathy
CSX
John Snow
IT visa cap exhausted prompts push to raise limit
The INS says the 115000 H-1B visas for the fiscal year are nearly used up with 74300 issued and over 45000 petitions pending. Lawmakers discuss raising the cap, with Rep. David Dreier proposing a temporary 200000 ceiling for three years to ensure skilled workers for the booming tech sector and address productivity costs.
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Washington
Congressional
Immigration and Naturalization Service
Congress
Capitol Hill
Federal Reserve
Alan Greenspan
David Dreier
Rcalif
Dreier
Computing Technology Industry Association
Association
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Dunlaps
8Th Street
Odessa
London Fog
Posturepedic
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SERTA
Andrews Hwy