Canadian Pacific Railway made a cash and stock proposal to merge with Norfolk Southern worth about $28 billion, but said in a letter to its rival made public Wednesday that the deal could ultimately be worth much more.
Volkswagen is meeting with U.S. regulators this week amid a contentious relationship with them and their European counterparts who will determine the penalties for its emissions-cheating.
MFS Africa, a 30-person startup, has pioneered a mobile payment platform embraced by the continent’s biggest telecommunications operators, helping 55 million people send money across borders through their phones.
Coca-Cola will begin selling a carbonated version of its smartwater brand this month in some restaurants, hotels and stores in New York City, Los Angeles and Miami, with a wider rollout next year.
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