$25-bln railroad merger to link all North America
Canadian Pacific has agreed to acquire Kansas City Southern in a $25-billion deal that will create a trans-North American railroad operator. The Wall Street Journal’s Jacquie McNish reported: Canadian Pacific CP -1.37% Railway Ltd. agreed to acquire Kansas City Southern KSU 0.38% in a transaction valued at about $25 billion that would create the first […]
Talking Biz News Today — March 19, 2021
Some of Friday’s top business news stories: Associated Press US jobless claims rise to 770,000 with layoffs still high, by Paul Wiseman Chip shortage forces Ford to build trucks without computers CNN Goldman Sachs analysts say they work 95-hour weeks and endure ‘inhumane’ treatment, by Allison Morrow Teen Vogue’s new editor out of a job […]
Talking Biz News Today — March 18, 2021
Some of Thursday’s top business news stories: Associated Press IRS will delay tax filing due date until May 17, by Sarah Skidmore Sell Will work from home outlast virus? Ford’s move suggests yes, by Tom Krisher, Christopher Rugaber CNN BMW unveils a new electric car, but says it isn’t counting out gas engines just yet, […]
Qwick Takes: SPAC rush faces skepticism
This week, TalkingBizNews Deputy Editor Erica Thompson reached out to Qwoted’s community of experts to inquire about the growing popularity of special-purpose acquisition companies that startups use to list on the stock market faster and more easily. Check out some of the top commentary: Robert R. Johnson, PhD, CFA, CAIA, Professor of Finance, Heider College […]
Talking Biz News Today — March 17, 2021
Some of Wednesday’s top business news stories: Associated Press Battling bigness: Congress eyes action against monopolies, by Marcy Gordon February retail sales fall 3% after soaring the month before, by Joseph Pisani CNN Sackler family agrees to pay $4.2 billion as part of plan to dissolve OxyContin maker Purdue, by Laura Ly Ramishah Maruf Nokia […]
Talking Biz News Today — March 16, 2021
Some of Tuesday’s top business news stories: Associated Press OxyContin maker Purdue proposes $10B plan to exit bankruptcy, by Geoff Mulvihill US sends team to Detroit to investigate Tesla-semi crash, by Tom Krisher CNN Biden’s stimulus will keep America’s economy humming for years, Goldman Sachs predicts, by Matt Egan Volkswagen is going huge in batteries […]
Talking Biz News Today — March 15, 2021
Some of Monday’s top business news stories: Associated Press Pelosi pledges swift work on major infrastructure package, by Hope Yen Labor movement targets Amazon as a foothold in the South, by Bill Barrow CNN Bitcoin tops the $60,000 mark, by Paul R. La Monica Google and Microsoft are in a public feud, by Brian Fung […]
Talking Biz News Today — March 12, 2021
Some of Friday’s top business news stories: Associated Press From job cuts to online commerce, virus reshaped US economy, by Christopher Rugaber Pace of spending for pandemic aid? Try $43,000 every second, by Josh Boak CNN Netflix may crack down on password sharing, by Clare Duffy Massive hack disrupts Molson Coors brewing operations, by Jordan […]
Talking Biz News Today — March 11, 2021
Some of Thursday’s top business news stories: Associated Press Congress OKs $1.9T virus relief bill in win for Biden, Dems, by Alan Fram Facebook moves to dismiss federal, state antitrust suits, by Barbara Ortutay CNN The 737 Max crisis costs continues to climb two years after the second fatal crash, by Chris Isidore Roblox goes […]
Roblox goes public
Gaming company Roblox listed on the NYSE hitting a total value of over $45 billion in its first day of trading. Joshua Franklin and Niket Nishant reported for Reuters: Shares of U.S. gaming company Roblox Corp closed up 54.4% in its New York Stock Exchange trading debut on Wednesday, valuing the company at $45.2 billion. […]
