Railroad owner Genesee & Wyoming to be taken private in $8.4B deal

U.S. freight railroadsOpens a New Window. operator Genesee & WyomingOpens a New Window.on Monday agreed to be acquired by Toronto-based Brookfield Asset Management and Singaporean sovereign wealth fund GIC in a deal valued at about $8.4 billion, including debt. The announcement comes a day after Reuters reported news of the development, citing sources. The Transaction will result in…

Trump says he’s optimistic about trade deal with Chinese President Xi, in interview with Tucker Carlson

President Trump told Tucker Carlson in an exclusive interview he is optimistic about a possible trade deal between his administration and Chinese President Xi Jinping, a potential development that sent the stock market futures soaring toward record highs early Monday. Trump sat down with the Fox News Channel host during the president’s trip which included stops in Osaka, Japan,…