CN Rail profits fall alongside container shipment revenue
Canadian National Railway Co. says earnings slid last quarter amid higher labour costs and lower revenue from container shipments.
Canadian National Railway Co. says earnings slid last quarter amid higher labour costs and lower revenue from container shipments.
Tesla Inc. said it will accelerate the launch of more affordable models after reporting worse-than-expected profit and revenue for a third consecutive quarter.
Texas Instruments Inc. gave a bullish revenue forecast for the current quarter, indicating that a slump in demand for industrial and automotive components may be easing.
The blank-check deal that brought Donald Trump’s media startup public is set to give him another $1.2 billion in stock after meeting certain targets to his present windfall from the merger, yet he remains unable to cash any of it in.
Uniti Group Inc. is in advanced talks to reunite with telecommunications provider Windstream in a merger that could be valued at up to $15 billion, including debt, according to people familiar with the matter. Uniti rose as much as 13%.
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