DuPont to cut 1700 Delaware jobs before Dow merger
DuPont plans about 1700 Delaware layoffs as it prepares the Dow Chemical merger and a broad 700 million cost savings plan. The move comes amid a 2015 market rally with gains in the S P 500 Nasdaq and Dow while U S home prices rose 5.5 percent in October.
MENTIONED IN THIS ARTICLE
DuPont
Delaware
Dow Chemical
Dow
Ed Breen
U.S
Standard & Poor
Darrell Cronk
Wells Fargo Investment Institute
Conference Board
Holidays and weather strain FedEx and UPS deliveries
The Washington Post reports a holiday surge in online shopping strained FedEx and UPS. On Dec 23 on-time rates fell to 77% and 79.5% respectively, with strong rebound on Dec 24 and continued delivery activity on Christmas Day amid record volumes and post-Christmas expansion plans.
MENTIONED IN THIS ARTICLE
Washington
FedEx
UPS
ShipMatrix
Ship Matrix
David Abney
CNBC
Abney
Satish Jindel
United States Postal Service
Jindel
Megaship makes maiden voyage into Los Angeles harbor
The CMA CGM Benjamin Franklin, the largest container ship to dock at a North American port, arrived on a maiden voyage from China and Korea at the Port of Los Angeles. The vessel signals rapid shifts in shipping as West Coast ports expand to handle bigger ships and backlog challenges ease.
MENTIONED IN THIS ARTICLE
Los Angeles
CMA
China
South Korea
L.a.-Area
U.S
Long Beach
United States
West
Coast
West Coast
Jock O’connell
O’connell
Oakland
Shanghai
North America
San Pedro
Calif
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U.S. Consumer Product Safety Commission
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Macy’s Inc
Macy's
USA
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The
Washington Post
Chris Kirkham
Los Angeles Times
the Market IN Review
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BiofAm
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KindMorg
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DawsonGeo
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Dodge & Cox Income
Dodge & Cox IntiStk
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