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.
Rubrik Inc., a cloud and data security startup backed by Microsoft Corp., has drawn about 20 times as many orders for its planned initial public offering as there are available shares, people familiar with the situation said.
Traders in the US interest-rates market have started to put on wagers that the Federal Reserve will refrain from cutting borrowing costs this year.
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.
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