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Trending: Stocks fall as Trump threatens tariffs on European countries over Greenland
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CSX railroad replaces CEO after investor pressure and poor performance as Union Pacific merger looms

CSX railroad announced Monday that it had replaced its CEO less than two months after an investment fund urged it to either find another railroad to merge with to better compete with the proposed transcontinental Union Pacific railroad or ...
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Labor Department to suspend US economic data releases if government shuts down

WASHINGTON (Reuters) -The U.S. Labor Department said on Monday its statistics agency would suspend economic data releases, including the closely watched employment report for September, in the event of a government shutdown. (Reporting by Lucia Mutikani and Courtney Rozen; ...
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Federal courts may quickly face curtailed operations if government shuts down

(WASHINGTON) -- Federal courts may be forced to quickly curtail operations -- potentially delaying trials and other hearings -- if congressional funding is not extended beyond Sept. 30, a spokesperson for the Administrative Office of U.S. Courts told ABC ...
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Canada announces C$400 million financial aid for Algoma Steel

OTTAWA (Reuters) -Canada’s government is to provide C$400 million ($287.13 million) in financial support for Algoma Steel under its large enterprise tariff relief scheme, Jobs Minister Patty Hajdu said on Monday. The company has been one of the large steel ...
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Trump and Netanyahu are set to meet at the White House as pressure mounts to end the war in Gaza

WASHINGTON (AP) — Days after his defiant speech at the United Nations rejecting demands to end the war in Gaza, Israeli Prime Minister Benjamin Netanyahu is set to confer with his most important supporter. But Monday’s meeting with President Donald Trump in ...
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Carnival raises annual profit forecast on resilient cruise demand

By Neil J Kanatt (Reuters) -Carnival Corp raised its annual forecast for profit, betting on strong demand as well as ticket pricing for its cruise vacations, even as macroeconomic uncertainties cast a shadow on consumer spending. Cruise operators, including Carnival and ...
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Gold miner Newmont names Natascha Viljoen its first female CEO

By Vallari Srivastava (Reuters) -Newmont on Monday named Natascha Viljoen as its first female CEO, succeeding Tom Palmer, at a time when the gold mining sector tries to cope with a slew of challenges, even as the precious metal ...
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A drug made from marijuana reduced back pain in a large study

WASHINGTON (AP) — An experimental medication made from marijuana successfully reduced back pain in a new study, offering further support for the drug’s potential in treating one of the most common forms of chronic pain. The 800-patient study by a ...
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USDOT will not enforce Biden wheelchair passenger protection rule

WASHINGTON (Reuters) -The U.S. Transportation Department said on Monday that it will not enforce key provisions of a Biden administration rule issued in December requiring new consumer protections for disabled passengers using wheelchairs. United Airlines, Delta Air Lines, American Airlines, ...
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Suspected stowaway is found dead in plane’s landing gear at a North Carolina airport

CHARLOTTE, N.C. (AP) — Airplane maintenance workers at a North Carolina airport found the body of a suspected stowaway in the landing gear compartment of an American Airlines flight that had recently arrived from Europe, police said. The body ...
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CSX appoints Steve Angel as CEO amid activist pressure

(Reuters) -CSX Corp on Monday has appointed Steve Angel as its top boss, replacing Joe Hinrichs, as the railroad operator fends off pressure from an activist investor while facing industry consolidation. Shares of the company rose about 3% in premarket ...
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US pending home sales rebound in August amid low mortgage rates

WASHINGTON (Reuters) -Sales of previously owned U.S. homes increased solidly in August as lower mortgage rates pulled buyers back into the market, though a softening labor market could curb further gains. The National Association of Realtors said on Monday pending ...
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