When the market was closed, this was happening Today’s Breaking News ⏳ Time to Say Goodbye to “Old” Dollar? Say Hello to “Trump’s New Dollar” [sponsor] Analysis-Canadian Pacific joins Buffett in rejecting railroad consolidation, narrowing merger prospects NEW YORK (Reuters) -Two major rail operators have taken themselves out of the merger game that has gripped the…
(Reuters) -Kroger is laying off nearly 1000 corporate workers, Bloomberg News reported on Tuesday, citing a memo sent to staff by interim CEO Ron Sargent. The company, as of February, employed over 409,000 staff, with most of them working in stores. The grocer had said in June it would close about 60 underperforming stores over…
(Reuters) -The U.S. Transportation Department said on Tuesday it is cancelling $175 million for four projects that are part of California’s high-speed rail project, following cancellation of $4 billion in federal grants for the state’s ambitious but much-delayed high-speed rail project in July. The Trump administration said Tuesday it will withdraw funding for grade separation,…
(Reuters) -Meta’s planned AI data center in Louisiana will cost $50 billion, President Donald Trump said during a cabinet meeting on Tuesday. The social media company is building its largest data center in Richland Parish, which could handle intense computational power to support digital infrastructure, including artificial intelligence workloads. The Facebook and Instagram parent declined…
By Sabrina Valle NEW YORK (Reuters) -Two major rail operators have taken themselves out of the merger game that has gripped the industry for the past month, reshaping the competitive landscape and raising the regulatory stakes for Union Pacific’s proposed $85 billion tie-up with Norfolk Southern . Canadian Pacific Kansas City joined Warren Buffett’s BNSF…
(Reuters) -Spotify Technology will start rolling out a messaging feature to both free and premium subscription tiers as the music streaming giant seeks to attract more users and fend off competition. The messaging feature will allow users to chat and share music with people they have interacted with on Spotify, the Swedish firm said on…
