Business – Page 15 – One America News Network

A Norfolk Southern train rests near the University of North Carolina's energy generation plant, after delivering coal to the facility, in Chapel Hill, North Carolina, U.S. August 11, 2022. REUTERS/Jonathan Drake/File Photo

Union Pacific to reshape US freight rail with $85 billion deal for Norfolk

Union Pacific said it would buy smaller rival Norfolk Southern in an $85 billion deal to create the first U.S. coast-to-coast freight rail operator.

A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 25, 2025. REUTERS/Jeenah Moon/File photo

S&P, Nasdaq at record highs as US-EU trade deal sparks optimism in pivotal week

The S&P 500 and the Nasdaq opened at record highs, while the Dow was on the cusp of that as optimism from a U.S.-EU trade pact set the stage for a week packed with megacap earnings.

US clears way for $8 billion Paramount-Skydance merger

The deal will put well-known entertainment properties including CBS, Paramount, and Nickelodeon under the ownership of tech scion David Ellison.

US oil producer Continental Resources drops fraud lawsuit against rival Hess

Continental Resources has dropped a lawsuit against rival Hess, which alleged it was defrauded out of up to $69 million through a series of deals the well operator conducted with its subsidiaries.