Tag Archives: DuPont

Grainger Things

As “silent partner” in five-way deal, industrial supply giant doubled mark-up W.W. Grainger is just one example of a company profiting off the coronavirus pandemic. At least the equipment in question in its current situation is for a useful purpose. It pays to distribute, sometimes, as Grainger was needed to facilitate an important deal recently. […]

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Train Derailment

Fatal Amtrak crash in Washington state exposes safety oversight An Amtrak train derailed in Dupont, Wash., along the Cascades route just outside Olympia and Tacoma, on Monday morning, killing three people and injuring more than 70. There were aboutĀ 80 passengers total on board. Seven crew members were on duty. In the process of derailing, it […]

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DuPont earnings fall sharply, will cut over a thousand jobs

DuPont says it will eliminate 1,500 positions globally, about 2% of its workforce, over the next 12-18 months in response to revenue fromĀ continuing operations falling 9% in the third quarter, according to Bloomberg Businessweek. The Wilmington, Del.-based chemical and performance coatings company will trim $450 million in costs. Revenue fell to $7.4 billion in the […]

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