CN Makes $33.7 Billion Bid for Kansas City Southern
A bidding war is breaking out for Kansas City Southern, with Canadian National Railway making a $33.7 billion cash-and-stock offer for the railway.
April 20, 2021Hertz Eyes Bankruptcy Exit Via $4.2 Billion Stake Sale
In a deal to jettison itself from under bankruptcy protection, Hertz said March 2 that it may sell a controlling stake in the company to two investment firms for $4.2 billion.
March 2, 2021New York Sues Amazon Over Worker Safety During Pandemic
New York is suing Amazon, claiming the company failed to provide workers with a safe environment at two warehouses in the state as COVID-19 infections surged nationwide.
February 17, 2021GM Sets Goal of Going Largely Electric by 2035
General Motors Co. has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five years after that.
January 28, 2021Tesla Seeks to Raise Another $5 Billion in Stock Offering
Tesla is looking to raise up to $5 billion in capital through a stock offering as the electric vehicle and solar panel maker seeks to take advantage of strong demand for its products.
December 8, 2020Home Depot’s Same-Store Sales Surge in Q4
Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales.
February 25, 2020Deere Cuts Outlook for the Year Due to Flooding, Trade War
Deere & Co. cut its profit expectations for the year as beleaguered farmers and an escalating trade war with China cut into sales.
August 16, 2019