Finance

US software firm Freshworks eyes acquisitions with $800 million cash pile, AI in focus

US software firm Freshworks eyes acquisitions with $800 million cash pile, AI in focus

By Praveen Paramasivam and Sai Ishwarbharath B CHENNAI, Dec 17 (Reuters) – U.S. software company Freshworks is exploring acquisitions, including AI firms, backed by more than $800 ​million i...

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2 big rail unions oppose $85B Union Pacific-Norfolk Southern merger over safety and cost concerns

2 big rail unions oppose $85B Union Pacific-Norfolk Southern merger over safety and cost concerns

OMAHA, Neb. (AP) — The proposed $85 billion merger of Union Pacific and Norfolk Southern railroads has lost the support of two of their biggest unions that represent more than half the workers be...

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The list of major companies laying off staff this year includes Verizon, IBM, Amazon, Starbucks, American Airlines, and more

The list of major companies laying off staff this year includes Verizon, IBM, Amazon, Starbucks, American Airlines, and more

The spokesperson also said the company was offering severance, outplacement support, and the opportunity to apply for openings at Ally. Ally made a similar level of cuts in October 2023, the Charl...

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Imports to busiest US seaport tumble 11.5% in November as tariffs bite, port executive says

Imports to busiest US seaport tumble 11.5% in November as tariffs bite, port executive says

By Lisa Baertlein LOS ANGELES, Dec 16 (Reuters) – The nation’s busiest seaport handled 11.5% less import volume in November than in the year-ago month after shippers built early invent...

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Building trucking companies without buying tractors

Building trucking companies without buying tractors

The Amazon Freight Partner program offers an innovative entry point into the world of trucking. Partners in the program can run their own companies hauling Amazon freight without purchasing tracto...

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Gas prices continue to slide below $3, hitting fresh four-year low ahead of Christmas

Gas prices continue to slide below $3, hitting fresh four-year low ahead of Christmas

Gasoline prices hit a new four-year low ahead of the Christmas travel week. As of Tuesday, the national average at the pump was $2.90, roughly $0.12 less than a year ago, according to AAA data, ma...

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