energy and utilities

Freight rail service is terrible, even without the threat of a strike |  CNN Business

Freight rail service is terrible, even without the threat of a strike | CNN Business

New York CNN — The failure of a freight railroad strike to begin on Friday is a huge win for the US economy and its still struggling supply chain. But that does not mean that freight railways provide good service to their customers. Many of the issues hampering the supply chain, driving up prices and …

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Europe agrees to cap Russian oil price at $60 a barrel |  CNN Business

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business

London CNN Business — The European Union reached a consensus on the price at which to cap Russian oil just days before its ban on most imports took effect. News of the deal, which had required the approval of recalcitrant Poland, was confirmed on Twitter by European Commission President Ursula von der Leyen, marking a …

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business Read More »

Europe agrees to cap Russian oil price at $60 a barrel |  CNN Business

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business

London CNN Business — The European Union reached a consensus on the price at which to cap Russian oil just days before its ban on most imports took effect. News of the deal, which had required the approval of recalcitrant Poland, was confirmed on Twitter by European Commission President Ursula von der Leyen, marking a …

Europe agrees to cap Russian oil price at $60 a barrel | CNN Business Read More »

Protests in China chill global markets |  CNN Business

Protests in China chill global markets | CNN Business

Editor’s note: A version of this story appeared in CNN Business’ Nightcap newsletter. To receive it in your inbox, subscribe for free, here. New York CNN Business — Over the weekend, mainland China experienced something it hadn’t seen in over 30 years: thousands of protesters flooding the streets, defying the Communist Party. The protests had …

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Degrowth: dangerous idea or response to the greatest global crisis?  |  CNN Business

Degrowth: dangerous idea or response to the greatest global crisis? | CNN Business

London CNN Business — Conventional economic logic revolves around a basic assumption: large economies are better, and finding ways to sustain or stimulate growth is paramount to improving society. But what if growth does little at best to solve the world’s problems, and at worst promotes the destruction of the planet and jeopardizes its future? …

Degrowth: dangerous idea or response to the greatest global crisis? | CNN Business Read More »