Josh Funk

AP Business Writer

Water Quality – Easy to Overlook, Hard to Overcome

Water Quality – Easy to Overlook, Hard to Overcome

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In this May 13, 2021, file photo, a man walks into Central Station next to Canadian National headquarters in Montreal. Kansas City Southern railroad is trying to keep its $33.6 billion merger with Canadian National on track by rejecting a competing $31 billion bid from rival Canadian Pacific earlier this week.

Kansas City Southern Rejects New Bid from Canadian Pacific

Kansas City Southern said its board decided to back Canadian National's higher offer.

The new offer from Canadian Pacific will give Kansas City Southern shareholders more to think about before they vote on the CN deal on Aug. 19.

Railroad Bidding War for Kansas City Southern is Reignited

Canadian Pacific and Canadian National are battling for the highest bid.

In this May 23, 2012 file photo, surveyors work next to Canadian Pacific Rail trains which are parked on the train tracks in Toronto.

Canadian Pacific Criticizes CN's Bid for Kansas City Southern

CP says the deal would hurt rail competition throughout the central US and could destabilize the balance between the industry's six largest players.

In this July 31, 2018, file photo a Union Pacific train travels through Union, Neb. A federal judge has ruled that the nation's four largest railroads can't exclude details of their conversations from lawsuits challenging billions of dollars of charges the railroads imposed in the past. The ruling on Friday, Feb. 19, 2021, undercuts one of the defenses Union Pacific, BNSF, CSX and Norfolk Southern had offered in dozens of lawsuits major companies filed last year questioning the way railroads set rates.

Judge: Railroad Talks Should be Included in Lawsuits

Price-fixing allegations have been winding their way through U.S. courts for more than a decade.

Amid concerns of the spread of COVID-19, Giovani Garcia sorts chicken at the butcher area of El Rancho grocery store in Dallas, Monday, April 13, 2020.

Virus Closes Meat Plants

The closures have raised fears of shortages.

In this May 10, 2019 photo, Brett Adams stands where the road to his flooded farm disappears under flood waters, with the farm buildings visible in the background, in Peru, Neb. Adams had thousands of acres under water, about 80 percent of his land, this year. The water split open his grain bins and submerged his parents' house and other buildings when the levee protecting the farm broke.

Flooded Farmers Face Growing Dilemma

Floods are the 'new normal.'

Union Pacific Sues to Nullify 1872 Jobs Pact

The agreement requires the company keep a certain number of jobs in an East Texas town indefinitely.

In this May 7, 2018, file photo Berkshire Hathaway Chairman and CEO Warren Buffett speaks during an interview in Omaha, Neb., with Liz Claman on Fox Business Network's 'Countdown to the Closing Bell.' Buffett said Greg Abel and Ajit Jain, the two potential successors he named, earned roughly $18 million last year managing Berkshire Hathaway’s dozens of operating companies. Buffett appeared on CNBC Monday, Feb. 25, 2019, after releasing his annual letter to Berkshire shareholders over the weekend. He reiterated Monday that Abel and Jain have both done a great job since they joined Berkshire’s board last January.

Buffett Has No Plans to Retire

In a recent interview, he also admitted that Berkshire Hathaway overpaid for its acquisition of Kraft Heinz.

VW spokesman Michael Brendel says the German automaker’s supervisory board is checking whether it can demand damage claims from former VW CEO Martin Winterkorn in connection with the company's diesel emissions cheating scandal. German newspaper Frankfurter Allgemeine Sonntagszeitung reported Sunday May 6, 2018 that Winterkorn could stand to lose his entire property in connection with the company’s investigation.

Could VW Board Sue its Former CEO?

Martin Winterkorn was indicted Thursday in the U.S. on charges of fraud and conspiracy, but his legal troubles are far from over.

This Wednesday, Aug. 15, 2012 file photo shows sorghum at a farm in Waukomis, Okla. American sorghum farmers fear they will lose their largest export market if China follows through with a tariff on their crop. China imposed preliminary anti-dumping tariffs of 178.6 percent on U.S. sorghum in mid-April 2018 as part of its ongoing trade dispute with the U.S.

Sorghum Faces Crippling Tariff

China imposed preliminary anti-dumping tariffs of 178.6 percent on U.S. sorghum this week.

In this Thursday, Jan. 19, 2017, file photo, Warren Buffett attends the world premiere screening of HBO's 'Becoming Warren Buffett' at The Museum of Modern Art in New York. Buffett said he’s investing heavily in Apple, believing that once consumers begin using the company’s products they aren’t likely to stop. Buffett said on CNBC Monday, Feb. 27, 2017, that Berkshire Hathaway holds about 133 million shares of Apple after buying more stock earlier this year.

Buffett Bets Big on Apple

And he is normally leery of technology companies.