(Reuters) -Canadian Nationwide Railway Co stated on Friday it will resume a beforehand permitted share buyback, days after strolling away from its $29.6-billion deal for U.S. railroad operator Kansas Metropolis Southern.

a train covered in snow: FILE PHOTO: A Canadian National Railway (CN Rail) train moves through wooden pallets beside an encampment of the Tyendinaga Mohawk Territory

FILE PHOTO: A Canadian Nationwide Railway (CN Rail) practice strikes by way of picket pallets beside an encampment of the Tyendinaga Mohawk Territory

The biggest Canadian railroad expects to finish the remaining C$1.1 billion ($869.02 million) of share repurchases by the tip of January subsequent yr, it stated in a press release.

The corporate, below hearth from some buyers for its failed bid to purchase Kansas

Read More
  No Comments Benz Seo

Few states have been as profoundly shaped by their public-sector unions as California. Government labor groups there elect their own bosses and number among the biggest spenders on ballot campaigns to raise taxes and expand government. They have engineered some of the richest retirement benefits in the public sector—at the cost of hundreds of billions of dollars in public debt.

But one California businessman thinks that he can change all that. Silicon Valley venture capitalist Tim Draper has filed a petition with the California attorney general’s office for a ballot initiative that would amend the state constitution to outlaw public-sector

Read More
  No Comments Benz Seo

SAN FRANCISCO boasts the lowest death rate from covid-19 of any big American city. An early shutdown, a culture of caution and mask mandates helped curb the spread of the virus. “Our response to covid-19 has been hailed as a national model,” crows London Breed, the mayor. More than 78% of those eligible are fully vaccinated, one of the highest rates in the country.

Listen to this story

Listen on the go

Get The Economist app and play articles, wherever you are


Read More