Twitter’s board has accepted a $44 billion offer from billionaire Elon Musk to buy the social media company. Twitter would become a private company on completion of the deal, which requires shareholder and regulatory approval.
Federal regulators who oversee freight rail services are moving to make it easier for shippers to get government intervention over service complaints. The Surface Transportation Board's vote to update emergency service rules ratchets up pressure on the railroads to resolve delays that shippers say are contributing to their supply-chain woes. The plan would speed up the process for the board to consider and act on shipper complaints.
An Australian company’s Louisiana unit can get up to $107 million in Energy Department loans to expand a plant that produces materials for electric car batteries. The loan to Syrah Technologies LLC would be the Biden administration’s second clean energy loan.
