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Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create the country’s first coast-to-coast freight rail

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Jul 30, 2025
Things are getting better at Boeing under CEO Ortberg, but can he keep it going?

Things are getting better at Boeing under CEO Ortberg, but can he keep it going?

After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a longtime aerospace executive and an

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Jul 29, 2025
Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The provider of software and data analytics

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Jul 27, 2025
FCC greenlights Paramount’s $8 billion merger with entertainment group Skydance

FCC greenlights Paramount’s $8 billion merger with entertainment group Skydance

Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one

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Jul 26, 2025
UnitedHealth says it faces DOJ investigation over Medicare billing practices

UnitedHealth says it faces DOJ investigation over Medicare billing practices

UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street Journal reported in May that the

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Jul 25, 2025
Lawsuit says Clorox hackers got passwords simply by asking

Lawsuit says Clorox hackers got passwords simply by asking

WASHINGTON — Bleach maker Clorox said Tuesday that it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging that the hackers pulled off the intrusion

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Jul 24, 2025
Orange juice importer says Brazil tariffs will squeeze American consumers

Orange juice importer says Brazil tariffs will squeeze American consumers

Orange juice prices could rise by 20% to 25%, according to Johanna Foods, a small U.S. business suing the White House over tariffs threatened against Brazil. President Donald

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Jul 22, 2025
Musk’s brain implant company filed as a ‘disadvantaged business’

Musk’s brain implant company filed as a ‘disadvantaged business’

Elon Musk’s health tech company Neuralink labeled itself a “small disadvantaged business” in a federal filing with the U.S. Small Business Administration, shortly before a financing round valued

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Jul 19, 2025
A flagging U.S. industry looks for new life in a Philadelphia shipyard

A flagging U.S. industry looks for new life in a Philadelphia shipyard

The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call. Hanwha Philly Shipyard CEO David Kim, nodding to the gargantuan vessels under

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Jul 18, 2025
Inflation picks up again in June as tariffs slowly work their way through U.S. economy

Inflation picks up again in June as tariffs slowly work their way through U.S. economy

Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price index, a broad-based measure of

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Jul 17, 2025

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