This post was originally published on this site. First on FOX Business: Two of the country’s largest freight rail companies are hoping federal regulators fast-track their merger. Union Pacific is seeking to acquire Norfolk Southern in an $85 billion deal that would create the nation’s first transcontinental railroad, including 50,000 miles of track across almost every state. The merger is awaiting approval from the Surface Transportation Board (STB), an independent federal agency tasked with regulating the rail industry. “We know that the process through the STB, even though it’s… crazy long, they’ll get to the right decision,” Union Pacific CEO...

This post was originally published on this site. Amazon needs no introduction. It’s one of the world’s most valuable companies. It holds commanding positions in various end markets, with a corporate strategy that centers on always chasing massive opportunities. This playbook has worked wonders. If you’d bought $10,000 worth of this “Magnificent Seven” stock 10 years ago, here’s how much your position would be worth today. Amazon shares are up 493% in the past decade (as of Oct. 2). That’s a nearly six-fold gain that would’ve grown a $10,000 investment into a stake worth more than $59,300. AMAZON LOCKS IN...