Railroad Operations

Business

Union Pacific Revives $85 Billion Norfolk Southern Bid, Aims to Forge First Transcontinental Railroad

Union Pacific is preparing a revised application for its proposed $85 billion merger with Norfolk Southern after regulators rejected the initial filing over competition and information concerns. The deal, which would create the first coast-to-coast freight railroad in the U.S., faces intense scrutiny over its potential impact on shipping costs, labor, and market competition.

Feb 2, 2026

Business

Charles Schwab Elevates CIO to Helm Newly Formed Technology and Operations Division

Amid a broader leadership restructuring, financial giant Charles Schwab has appointed its CIO, Dennis Howard, to lead a consolidated unit overseeing technology, operations, and data, signaling a strategic shift to deepen the integration of IT with core business functions.

Jan 30, 2026

World

Pakistan Military Claims Major Strike: 41 Militants Killed in Balochistan Operations, Accuses Indian Backing

Pakistan's military says it has killed 41 armed fighters in two separate raids in restive Balochistan province, alleging—without presenting evidence—that the militants were supported by regional rival India. The operations come amid a surge in violence in the region.

Jan 30, 2026

Business

Verizon Bets on AI and Leaner Operations to Curb Customer Exodus

Facing stiff competition, Verizon is deploying AI at scale and restructuring its operations—funded partly by recent layoffs—to simplify customer interactions and rebuild loyalty in a saturated market.

Jan 30, 2026

Business

Scotch Whisky Tourism Faces Headwinds as Rural Distilleries Scale Back Visitor Operations

Scotland's celebrated whisky tourism sector is showing signs of strain, with major players closing visitor centres and cutting hours amid staffing challenges and shifting demand, even as new investments open their doors.

Feb 2, 2026

Business

Amber Beverage Group Seeks Legal Shield for Latvian Operations Amid Financial Strain

The spirits giant files for legal protection for its production and warehouse assets in Latvia, citing cash flow pressures from geopolitical fallout and market headwinds, while assuring global sales remain unaffected.

Feb 2, 2026

Business

Nevada Court Halts Polymarket Operations, Casting Shadow Over Prediction Markets

A Nevada court has temporarily blocked the prediction market platform Polymarket, siding with state regulators who argue its event contracts constitute illegal gambling. The ruling intensifies a global regulatory crackdown that threatens the core business model of an emerging financial sector.

Feb 2, 2026

World

Houthi Seizure of UN Telecom Gear Cripples Aid Operations in Yemen, UN Warns

The United Nations has condemned the seizure of critical telecommunications equipment from its offices in Sanaa by Houthi forces, warning the move severely hampers humanitarian efforts for millions of Yemenis amid a worsening crisis.

Jan 30, 2026

Business

7 Leaves Cafe Brews Up a Tech Upgrade: Partners with Square to Streamline Operations Across All 44 U.S. Stores

The popular Vietnamese-American beverage chain is implementing Square's commerce platform to unify in-store and drive-thru experiences, enhance loyalty programs, and scale its growing national footprint.

Jan 30, 2026

World

Panama Assures Smooth Port Operations After Court Voids Hutchison Contracts

Panama's President Jose Raul Mulino has moved to calm market and labor fears following a landmark Supreme Court ruling that annulled key port contracts held by a CK Hutchison subsidiary. He announced that APM Terminals Panama is prepared to step in temporarily to ensure continuity, with a guarantee of no job losses.

Jan 30, 2026

Business

Argus Boosts Sanmina Price Target to $200, Citing Strong Earnings and Resilient Operations

Analyst firm Argus has raised its price target for Sanmina Corporation (SANM) to $200, maintaining a Buy rating following the company's better-than-expected Q1 2026 results and robust positioning in key growth markets.

Jan 30, 2026

Business

CN's Robinson Casts Doubt on UP-NS Merger Viability, Demands 'Significant' Concessions

Canadian National CEO Tracy Robinson has delivered a stark assessment of the proposed Union Pacific-Norfolk Southern merger, stating the railroads have "a long way to go" to satisfy regulatory concerns. In CN's earnings call, she criticized the application for failing to address competitive harms and warned of impacts on shippers, setting the stage for a contentious review process.

Jan 30, 2026

Business

Robert Half Charts Path to Recovery Amid Economic Headwinds, Betting on AI and Lean Operations

Despite a challenging quarter with declining revenues, staffing giant Robert Half outlines a strategic pivot, leveraging artificial intelligence and retained top talent to drive efficiency and position for a return to growth by late 2026.

Jan 30, 2026

Business

Starbucks Trims Menu by 25%, Axing 13 Drinks in Efficiency Push

Starbucks accelerates its 'Back to Starbucks' turnaround plan by removing 13 underperforming and complex drinks from its permanent menu, a move aimed at streamlining operations and reducing waste, despite risking the ire of loyal fans of discontinued items.

Feb 2, 2026

Business

Iconic Outdoor Retailer Eddie Bauer Faces Store Closures as Operator Prepares Bankruptcy Filing

The 106-year-old outdoor apparel brand, founded in Seattle in 1920, could see nearly 200 of its North American stores shuttered as its licensed operator moves toward Chapter 11 restructuring, though core brand operations are expected to continue.

Feb 2, 2026

World

Thai Military Uncovers Vast Fraud Evidence in Raided Cambodian Border Compound

Thai military officials have revealed a massive cache of evidence, including scam scripts and fake police setups, seized from a contested border compound in Cambodia, shedding light on the scale of transnational cyber fraud operations in the region.

Feb 2, 2026

Business

Kalmar Forges AI-Driven IT Alliance with Tata Consultancy, Aiming to Reshape Global Port Logistics

Kalmar Oyj embarks on a strategic, long-term IT transformation with Tata Consultancy Services, building an AI-powered digital core to streamline operations, enhance equipment reliability, and solidify its service-led business model in the competitive port equipment sector.

Feb 2, 2026

Business

Zipcar Shutters Boston Headquarters, Cuts Over 120 Jobs in Consolidation Move

The pioneering car-sharing firm Zipcar, founded in Cambridge in 1999, is closing its Boston corporate office and laying off dozens of local staff as parent company Avis Budget Group consolidates operations to New Jersey.

Feb 2, 2026

US

Minneapolis Union Leader Reveals Coordination Between Elected Officials and Activists in Anti-ICE Monitoring

The head of the Minneapolis teachers' union has disclosed that local elected officials are participating in encrypted Signal groups used to organize surveillance and interference with federal immigration enforcement operations, raising questions about the boundaries of political activism.

Feb 2, 2026

Business

Outdoor Retail Icon Eddie Bauer Nears Chapter 11 Filing, Signaling End for Physical Stores

The century-old outdoor apparel brand, famed for pioneering the quilted down jacket, is preparing to close its North American retail footprint while its licensing and e-commerce operations continue under new management.

Feb 2, 2026