US Markets

Chicken wing shortage grips America

Soaring demand for chicken has resulted in wing shortages across America, according to the country’s third-largest poultry producer.

Kansas City Southern expected to terminate Canadian Pacific deal

Kansas City Southern is expected to ditch its merger agreement with Canadian Pacific Railway Ltd. in favor of a competing proposal from Canadian National Railway Co. according to people familiar with the matter, a dramatic turn with big implications for the shape of the U.S. rail industry.

Oatly eyes IPO at $15 to $17 a share

Celebrity-backed Swedish oat-milk maker Oatly Group AB prepared to price its initial public offering Wednesday amid another day of stock-market declines.

Colonial Pipeline CEO tells why he paid hackers a $4.4M ransom

U.S. officials have linked the ransomware attack on Colonial to a criminal gang known as DarkSide, believed to be based in Eastern Europe, which specializes in crafting the malware used to breach systems, and shares it with affiliates -- for a cut of the ransoms they obtain.

Lowe's growth lags Home Depot in home improvement battle

Lowe's Cos Inc reported on Wednesday a 25.9% jump in quarterly same-store sales growth that failed to match that of larger rival Home Depot Inc, signaling it was slipping further behind after gaining ground during the pandemic.