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On July 4, 2025, President Trump signed into law the One Big Beautiful Bill Act, a budget reconciliation law likely to impact many civic, economic, and commercial areas across the United States. For businesses, the effects will be significant: the Act makes permanent tax breaks from 2017's Tax Cuts and Jobs Act and allows companies new write-offs for equipment, manufacturing facilities, research and development, and more.
A business update provided by Core Natural Resources' (CNR 2.80%) provided plenty of energy for its stock on Monday. Shares of the coal miner popped by nearly 3% that day as a result and make the stock look rather good when comparing its performance to the 0.5% lift of the S&P 500 index
HOMEWOOD, Ill., June 30, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$50 million in Louisiana, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. This includes projects to build capacity in New Orleans area and upgrades to improve operations at CN's Geismar railyard. These projects will help ensure the safe movement of goods and support long-term sustainable growth in Louisiana and across CN's network.
HOMEWOOD, Ill., June 30, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$38 million in Iowa, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. The projects will help ensure the safe movement of goods and support long-term sustainable growth in Iowa and across CN's network.
MONTREAL, June 30, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) will issue its second-quarter 2025 financial and operating results after the market close on July 22, 2025.
Re-enters the mine on June 10th, consistent with previously provided timeline Re-establishes ventilation, conducts a full inspection of the mine, restores hydraulic pressure along the longwall face, and confirms that key longwall components are in good condition Decides to temporarily reseal the affected area of the mine on June 26th due to elevated carbon monoxide levels Engages regulatory officials on a plan that is expected to facilitate the repositioning and restart of the longwall system within the next four months Reiterates 2025 coking coal sales volume guidance for metallurgical segment despite delayed restart Expects Leer South-related insurance recoveries in excess of $100 million CANONSBURG, Pa. , June 30, 2025 /PRNewswire/ -- Today, Core Natural Resources, Inc. (NYSE: CNR) ("Core") provided an update on its ongoing efforts to resume longwall operations at its Leer South mine following a combustion-related event at the mine in mid-January.
MONTREAL, June 19, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today that its industry-leading Falcon Premium intermodal service has received the Silver Container (Contenedor de Plata) award from the Asociación Mexicana del Transporte Intermodal (AMTI). AMTI is Mexico's leading intermodal transport association, representing key stakeholders across the industry and promoting best practices in cross-border logistics. This prestigious award recognizes outstanding achievements in cross-border intermodal transportation between Mexico, the United States, and Canada.
HOMEWOOD, Ill., June 16, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$85 million in Michigan, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. This includes projects to build intermodal capacity and upgrades to improve operations at CN's Lansing, Battle Creek and Flint railyards. These projects will help ensure the safe movement of goods and support long-term sustainable growth in Michigan and across CN's network.
HOMEWOOD, Ill., June 16, 2025 (GLOBE NEWSWIRE) -- CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$60 million in Minnesota, as part of its 2025 capital investment program. This investment will support track maintenance and strategic infrastructure initiatives in the state. The projects will help ensure the safe movement of goods and support long-term sustainable growth in Minnesota and across CN's network.
HOMEWOOD, Ill., June 12, 2025 (GLOBE NEWSWIRE) -- June 12 2025 – CN (TSX: CNR) (NYSE: CNI) announced today plans to invest approximately US$30 million in Tennessee, as part of its 2025 capital investment program. This includes investments in infrastructure, technology, rolling stock equipment, as well as network improvements These projects will help ensure the safe movement of goods and support long-term sustainable growth in Tennessee and across CN's network.