Two behemoths of freight rail are joining forces: Union Pacific is acquiring Norfolk Southern for $85 billion.
Trade negotiators for the U.S. and China are meeting in Sweden for a second day of talks. Among the agenda items: paving the way for a potential meeting between both countries' presidents.
The United States has set a new deadline for Russia to make progress on ending its war in Ukraine or face new economic sanctions.
Regulatory approval could take a spell.