business
Amtrak Faces More Delays Rolling Out New Trains
Failure to upgrade maintenance facilities in time means the railroad will probably have to idle some new trains, federal inspectors said. Source link
Trump Administration Halts All Offshore Wind Projects
The president’s war against the wind industry has been escalating all year. Source link
Energy & Utilities Roundup: Market Talk
Find insight on Orsted, oil futures and more in the latest Market Talks covering Energy and Utilities. Source link
Alphabet to Buy Intersect for $4.75 Billion as AI-Investment Plans Grow
Google-parent said it would buy Intersect’s data-center projects that are in development, plus multiple gigawatts of energy and the Intersect team as part of the deal. Source link
Ralph Lauren Was Always Cool. Now Gen Z Knows Why.
A push for younger customers, a TikTok Christmas trend and a a boost from Taylor Swift helped turn the preppy brand into one of today’s most coveted. Source link
Alphabet to Buy Intersect for $4.75 Billion in Cash
Google-parent said it would buy Intersect’s data-center projects that are in development, plus multiple gigawatts of energy and the Intersect team as part of the deal. Source link
CBS News Editor Bari Weiss Defends Decision to Pull ‘60 Minutes’ Segment
Weiss tells staff in morning meeting that story wasn’t ready for publication, saying ‘we simply need to do more.’ Source link
Janus Henderson to Be Bought by Trian and General Catalyst for $7.4 Billion
Janus Henderson has agreed to a takeover by investment firms Trian Fund Management and General Catalyst valuing the asset manager at roughly $7.4 billion. Source link
Instacart Scraps All Price Tests After Customer Pushback
Instacart is scrapping all price tests following customer pushback to a report that the online shopping platform was charging different prices for the same items. Source link
An Unloved Energy Bet Is Set to Become the Most Profitable Private-Equity Deal Ever
Energy Capital Partners’ investment in Calpine will earn the firm and its co-investors more than $25 billion, according to people familiar with the matter. Source link