CN revises earnings guidance lower after work stoppage, says operations recovered

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 81 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 99%

Business News News

Business Business Latest News,Business Business Headlines

Canadian National Railway Co. revised its earnings guidance for 2024 lower due to several factors including the recent labour stoppage.

A CN locomotive sits idle at the CN Stuart Yard west of the West Harbour GO station in Hamilton, Ont., Thursday, Aug. 22, 2024. Canadian National Railway Co. revised its earnings guidance for 2024 lower due to several factors including the recent labour stoppage that saw both Canada's major railways grind operations to a halt. THE CANADIAN PRESS/Peter PowerCanadian National Railway Co.

After five days of deliberations, jurors were unable to break their deadlock in the second-degree murder trial of Kane Carter, who is accused of fatally shooting a rival gang member and an innocent teen passerby in January 2018.'Patently unreasonable': Order for tenants to pay $18K for leaks overturned by B.C. judge

Following the announcement of the end of the NDP-Liberal confidence and supply agreement, a new national survey reveals that 47 per cent of Canadians would support calling a federal election to be called, while only 34 per cent would prefer not to.Provincial police discovered the body of a woman in her sixties at a residence in the municipality of Sainte-Julienne, located in Lanaudière.

U.S. Vice-President Kamala Harris and former president Donald Trump will meet face-to-face tonight in the ABC presidential debate. Here's how to watch the event that comes just two months before election day.Elliott emphasized the importance for young people to understand the consequences of being caught with replica guns, regardless of their intentions. "One bad choice can lead you down a bad road in life. Just like that, there goes your life," Elliott said.B.C.

Charred stumps and the remains of fire-ravaged trees still cover large tracts of land on the Jasper landscape, but life is returning quickly down below.Winnipeggers could soon be able to kick it into four-wheel drive and let it ride down the road on Bachman Turner Overdrive Way.B.C.'s Bennett, Ont.'s Hennessy named flag-bearers for Paralympic closing ceremonies in Paris

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business leaders urge feds to step in to halt railway job actionPhased rail shutdown of Canadian National Railway, Canadian Pacific Kansas City already underway
Source: TerraceStandard - 🏆 24. / 68 Read more »