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Canadian Pacific to buy Kansas City Southern in $25 billion railway bet on trade


Canadian Pacific to buy Kansas City Southern in $25 billion railway bet on trade
Reuters
3/21/2021
© Reuters/Ben Nelms
The Canadian Pacific railyard is pictured in Port Coquitlam.
By Nandakumar D, Ann Maria Shibu and Rebecca Spalding
(Reuters) - Canadian Pacific Railway Ltd agreed on Sunday to acquire Kansas City Southern in a $25 billion cash-and-stock deal to create the first railway spanning the United States, Mexico and Canada, standing to benefit from a pick-up in trade.
It would be the largest ever combination of North American railways by transaction value. It comes amid a recovery in supply chains that were disrupted by the COVID-19 pandemic, and follows the ratification of the US-Mexico-Canada Agreement (USMCA) last year that removed the threat of trade tensions that had escalated under former U.S. President Donald Trump. ....

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U.S. COVID-19 vaccine rollout analysis hampered by technology, state data reporting


U.S. COVID-19 vaccine rollout analysis hampered by technology, state data reporting
Reuters
1 hr ago
By Tina Bellon and Rebecca Spalding
© Reuters/POOL
FILE PHOTO: Moderna s COVID-19 vaccine at the McKesson distribution center in Olive Branch, Mississippi
By Tina Bellon and Rebecca Spalding
(Reuters) - When a dose of a COVID-19 vaccine leaves a U.S. manufacturing plant, its path can be traced all the way to the hospital or clinic representative signing for the shipment at its destination. What happens next is not always clear.
Federal agencies overseeing the rollout are relying on a tangled web of aging state vaccine registries complicated by state laws and practices. ....

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