Investing.com -- Norfolk Southern (NYSE: NYSE: NSC) stock rose 3.8% in after-hours trading Thursday following a Wall Street Journal report that Union Pacific (NYSE: NYSE: UNP) is exploring a potential acquisition of the railroad operator.
According to the report, Union Pacific, with a market value of approximately $140 billion, is holding early-stage talks to acquire Norfolk Southern, which is valued at about $60 billion. Sources familiar with the matter cautioned... (continue reading...)
Investing.com -- Tesla (NASDAQ: TSLA) has selected Liberty General Insurance and Acko as its preferred insurance partners for its entry into the Indian market, according to the Press Trust of India.
Mumbai-based Liberty General Insurance has created customized protection plans specifically designed for Tesla vehicles, tailored to meet the needs of electric vehicle users in India.
Acko will offer Tesla owners a fully digital process that covers everything from policy... (continue reading...)
By Lisa Richwine and Dawn Chmielewski
LOS ANGELES (Reuters) -The final season of global phenomenon "Squid Game" helped Netflix beat Wall Street earnings targets for the second quarter, and the streaming service raised its revenue guidance for the year.
Shares of the company, which had risen nearly 44% this year ahead of the earnings report on Thursday, fell 1% to $1,260 in after-hours trading. The company said its higher revenue forecast... (continue reading...)
(Reuters) -The U.S. House of Representatives passed a bill on Thursday that would develop a regulatory framework for cryptocurrencies and expand the Commodity Futures Trading Commission's oversight of the industry.
The move is a major win for the digital asset industry, which has pushed for federal legislation for years and spent heavily in last year's elections to promote pro-crypto candidates.
(Reporting by Chris Prentice,... (continue reading...)
By Marcelo Teixeira and Karl Plume
NEW YORK (Reuters) -A possible move by Coca-Cola , and other beverage and food industries, to use cane sugar instead of corn syrup as a sweetener would be difficult and expensive to implement, while mostly negative for farmers in the United States.
U.S. President Donald Trump said on Wednesday that Coca-Cola had agreed to use cane sugar in its beverages in the country after his discussions with the maker of... (continue reading...)
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