Business

A multibillion-dollar rail merger may be chugging closer. Union Pacific (UNP) is in talks to acquire Norfolk Southern (NSC), The Wall Street Journal reported late Thursday, citing people familiar with the matter. The deal would merge companies with a combined market value of roughly $200 billion, based on Visible Alpha data. The report set both companies’ shares in motion, with …

WASHINGTON (AP) — Drugmaker Sarepta Therapeutics said late Friday it won’t comply with a request from the Food and Drug Administration to halt all shipments of its gene therapy following the death of a third patient receiving one of its treatments for muscular dystrophy. The highly unusual move is a latest in a string of events that have hammered the …

Why the Federal Reserve’s Building Renovation Costs $2.5 Billion  Bloomberg.com Trump appointees pushed more marble in Fed building renovation White House now attacks  AP News “The Daily Show” Destroyed Trump’s Latest Biden Attack By Showing Literally Just 1 Clip That Proved He Was So, So Wrong  Yahoo Home Unraveling the legal, economic and market ramifications if Trump tries to fire Fed Chair Powell  CNBC …

Ethereum’s 24-hour trading volume shows that derivatives are still doing the heavy lifting. Between the 10th and 17th of July, daily futures and perpetuals trading ranged from $39.5 billion to a massive $65.3 billion, completely overshadowing spot volumes, which barely nudged above $3 billion. Even on the 17th of July, with ETF-driven interest spiking, spot activity remained a small slice …

I don’t think this will surprise anyone, but United Airlines executives have essentially confirmed plans to introduce a “basic” Polaris business class experience… United wants to segment business class revenue more Yesterday, United announced its Q2 2025 financial results, and there were some interesting comments during the earnings call. Dawn Gilbertson from The Wall Street Journal asked about the concept of United …

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The U.S. housing market is showing signs of losing some steam this summer—and the slowdown is especially evident in two regions that experienced construction booms in recent years. Researchers at Realtor.com® analyzed housing data to identify the major metros that have seen the steepest drops in home sales activity. To do so, experts looked at how many additional days a …

An aerial view picture of the port of Santos, the largest port complex in Latin America and one of the largest in the world, taken on Thursday in Santos, Sao Paulo state, Brazil. Nelson Almeida/AFP via Getty Images hide caption toggle caption Nelson Almeida/AFP via Getty Images President Trump’s tariff letters to world leaders are attracting a lot of attention. …

Breakfast in New York, midmorning snack in London. Taxi tests are underway on a highly anticipated supersonic plane designed to quietly break the sound barrier — and slash flight time between New York and London in half.  The X-59 jet, dubbed the “son of Concorde,” is one step closer to takeoff after the experimental aircraft taxied on a California runway …

Want smarter insights in your inbox? Sign up for our weekly newsletters to get only what matters to enterprise AI, data, and security leaders. Subscribe Now In case you missed it, OpenAI yesterday debuted a powerful new feature for ChatGPT and with it, a host of new security risks and ramifications. Called the “ChatGPT agent,” this new feature is an …