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Union Pacific to Acquire Norfolk Southern for $72 Billion
Union Pacific Corp. agreed to acquire Norfolk Southern Corp. in a cash-and-stock transaction valuing the company at about $72 billion, forming a transcontinental rail behemoth in what stands to be
Novo Nordisk Shares Plummet as Competition Weighs on Sales
The pharma giant cut its guidance and named a new CEO, hoping to revive growth. Its stock fell as much as 30%, wiping almost $93 billion from its market value.
Blackstone says real estate executive Wesley LePatner was among those killed in NYC shooting
Wesley LePatner was Blackstone's head of real estate and CEO of an evergreen real estate fund. She was a victim of Monday's NYC shooting.
Norfolk Stock Drops on Union Pacific Merger. That’s Not Supposed to Happen.
Tuesday, railroad Norfolk Southern announced second quarter earnings and, more important, a plan to merge with Union Pacific.
Deadly Spree in Midtown Manhattan Spawns Evening of Fear in NYC
Work was winding down at 345 Park Avenue on Monday when a man strode across the public plaza just outside the Midtown Manhattan tower with an assault rifle in his hand.
UnitedHealth falls short of second quarter expectations and offers weak outlook for 2025
UnitedHealth missed Wall Street’s second-quarter earnings expectations and offered an updated, and conservative take on the rest of 2025. The health care giant said Tuesday that it expects rising
Warren Buffett makes major sale
The Sage of Omaha's company will make over $1.2 billion from the sale, according to an announcement on Monday.
Novo Falls by Record as Wegovy Slumps and Insider Named CEO
Novo Nordisk A/S named its head of international operations as chief executive officer after slumping weight-loss drug sales led to a profit warning that wiped $93 billion off its market value.
Wall Street tiptoes toward more records as its busy week picks up momentum
U.S. stock indexes are ticking higher on Tuesday as an incredibly busy week for Wall Street picks up momentum. The S&P 500 was up 0.2% in early trading after setting an all-time high in six straight
The markets are behaving as if Europe has pulled the wool over Trump’s eyes
Investors are trading as if one of two conditions will turn out to be true: That the deal is composed of stuff that was going to happen anyway, or that the U.S. Supreme Court will rule Trump's deals
Stellantis faces $1.7B hit from US tariffs this year
Stellantis has forecast that U.S. tariffs would cost it 1.5 billion euros ($1.7 billion) this year, five times the hit taken in the first six months of the year when the carmaker tallied losses of 2
JPMorgan Chase Nears a Deal to Take Over Apple’s Credit-Card Program
JPMorgan Chase is in advanced talks to take over Apple’s credit-card program, according to people familiar with the matter. Discussions between the country’s biggest bank and Apple accelerated in
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