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CP urges Kansas City Southern to reject competing $33.6B bid


CP urges Kansas City Southern to reject competing $33.6B bid
JOSH FUNK, AP Business Writer
May 20, 2021
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1of6A Canadian National Rail locomotive moves through the rail yard in Dartmouth, Nova Scotia, on Thursday, March 29, 2018. Canadian National sweetened its offer to buy Kansas City Southern railroad Thursday, May 13, 2021, and derailed rival Canadian Pacific’s bid for the railroad that handles traffic in the United States and Mexico. (Andrew Vaughan/The Canadian Press via AP)Andrew Vaughan/APShow MoreShow Less
2of6A quiet Mclean Rail Yard is pictured in North Vancouver, British Columbia, Wednesday, Nov. 20, 2019, as Canadian National rail workers strike outside the gates. Canadian National sweetened its offer to buy Kansas City Southern railroad Thursday, May 13, 2021, and derailed rival Canadian Pacific’s bid for the railroad that handles traffic in the United States and Mexico. (Jonathan Hayward/The Canadian Press ....

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Ernst, Hassan Amendment Tells National Science Foundation to Withhold Funds if Project Costs Aren't Disclosed


Ernst, Hassan Amendment Tells National Science Foundation to Withhold Funds if Project Costs Aren’t Disclosed
A proposed amendment to Senate Majority Leader Chuck Schumer’s (D-N.Y.) “Endless Frontier Act” to reform the National Science Foundation (NSF) would require the government to disclose all costs of research projects funded by the agency.
The amendment to Schumer’s proposal, offered by Republican Sens. Joni Ernst of Iowa and Maggie Hassan of New Hampshire, recognizes that NSF has a checkered history of wasting millions of tax dollars on projects of highly questionable value. It would require grant recipients to make public the percentage of the total cost of a project that would use tax dollars, as well as the dollar amount receiving public funding in all official descriptions such as news releases, requests for proposals, and bid solicitations. ....

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BNSF Sues Clinic, Alleging Over-Diagnosis Of Asbestos-Related Diseases


BNSF Sues Clinic, Alleging Over-Diagnosis Of Asbestos-Related Diseases
BNSF, one of the nation’s largest rail companies, is suing the Center for Asbestos Related Disease (CARD) in federal court for what it alleges is over-diagnoses of asbestos-related diseases. Courts have already ruled BNSF shares liability for spreading asbestos in the town of Libby, MT.
In response, CARD says the rail company is really accusing a third party that includes individuals and entities of committing fraud not the center. CARD is requesting a trial over the issue.
Sara Reardon covered the ongoing lawsuit for Kaiser Health News and shared her reporting with MTPR’s Freddy Monares. ....

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