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  • Union Pacific to buy Norfolk in $85 billion mega U.S. railroad deal

    6 hours ago
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    World News

    July 29 (Reuters) – Union Pacific said on Tuesday it would buy smaller rival Norfolk Southern in an $85-billion deal to create the country’s first coast-to-coast freight rail operator and reshape the movement of goods from grains to autos across the U.S. If approved, the deal would be the largest-ever…

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  • Things are getting better at Boeing under CEO Ortberg, but can he keep it going?

    1 day ago
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    World News

    After spiraling from crisis to crisis over much of the past seven years, Boeing is stabilizing under CEO Kelly Ortberg’s leadership. Ortberg, a longtime aerospace executive and an engineer whom the manufacturer plucked from retirement to fix the problem-addled company last year, is set this week to outline significant progress…

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  • Elon Musk confirms Tesla has signed a $16.5 billion chip contract with Samsung Electronics

    1 day ago
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    World News

    Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors to Tesla, based on a regulatory filing by the South Korean firm and Tesla CEO Elon Musk’s posts on X. The memory chipmaker, which had not named the counterparty, mentioned in its filing that the effective start date…

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  • Palantir joins list of 20 most valuable U.S. companies, with stock more than doubling in 2025

    3 days ago
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    World News

    Palantir has hit another major milestone in its meteoric stock rise. It’s now one of the 20 most valuable U.S. companies. The provider of software and data analytics technology to defense agencies saw its stock rise about 3% on Friday to another record, lifting the company’s market cap to $375…

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  • FCC greenlights Paramount’s $8 billion merger with entertainment group Skydance

    4 days ago
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    World News

    Trump administration regulators have approved Skydance Media’s $8 billion bid to acquire CBS News parent company Paramount, paving the way for a tectonic shift in ownership of one of America’s three major networks. The Federal Communications Commission said Thursday that it had approved the acquisition, with FCC Chairman Brendan Carr…

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  • Microsoft’s Satya Nadella says job cuts have been ‘weighing heavily’ on him

    4 days ago
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    World News

    Microsoft has laid off over 15,000 people so far in 2025. The stress of the belt-tightening has gotten to CEO Satya Nadella. “Before anything else, I want to speak to what’s been weighing heavily on me, and what I know many of you are thinking about: the recent job eliminations,”…

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  • Uber will let women drivers and riders request to avoid being paired with men

    5 days ago
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    World News

    Uber announced a new feature Wednesday that pairs women drivers and riders, in its latest move to address safety on the ride-hailing platform. The new tool, which the platform will begin piloting next month in the U.S., allows women passengers to match with women drivers when booking or pre-booking rides,…

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  • Alphabet beats earnings expectations, raises spending forecast

    5 days ago
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    World News

    Alphabet reported second-quarter results on Wednesday that beat on revenue and earnings, but the company said it would raise its capital investments by $10 billion in 2025. Here’s how the company did, compared with estimates from analysts polled by LSEG: Wall Street is also watching several other numbers in the…

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  • UnitedHealth says it faces DOJ investigation over Medicare billing practices

    5 days ago
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    World News

    UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street Journal reported in May that the Department of Justice is conducting a criminal investigation into the health-care giant over possible Medicare fraud. In response at the time, the…

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  • UnitedHealth says it is facing DOJ investigation over Medicare billing practices

    5 days ago
    0 0
    World News

    UnitedHealth Group revealed Thursday it is facing a Justice Department investigation over its Medicare billing practices. It comes after the Wall Street Journal reported in May that the Department of Justice is conducting a criminal investigation into the health-care giant over possible Medicare fraud. In response at the time, the…

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