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Corn prices in Chicago sank to a seven-week low as broken grain elevators and power outages in the U.S.’s busiest agricultural port raised concerns about grain supplies with nowhere to go.Hurricane Ida left more than 1 million homes and businesses without electricity in southern Louisiana and also shuttered export terminals in New Orleans. Food supply chains were already under … [Read more...] about Corn crashes as Hurricane Ida devastates busiest US export hub | Latest Headlines

FILE - In this May 13, 2021, file photo, a man walks into Central Station next to Canadian National headquarters in Montreal. Canadian National’s $33.6 billion deal to acquire Kansas City Southern railroad is in jeopardy after federal regulators rejected a key part of the plan Tuesday, Aug. 31, 2021 and opened the door for a competing $31 billion offer from Canadian Pacific … [Read more...] about Kansas City Southern suitor’s bid in jeopardy after ruling | Money

The latest estimates reflected the push and pull of many factors flowing from the pandemic, and the full impact may take years to sort out. The deep but relatively short recession slashed revenue from payroll taxes. But the death toll from COVID-19, concentrated among older people, reduced future Social Security benefit payouts. Hospitals were stressed by the influx of COVID … [Read more...] about COVID recession pushed Social Security insolvency up a year | Money

FILE - In this May 13, 2021, file photo, a man walks into Central Station next to Canadian National headquarters in Montreal. Canadian National’s $33.6 billion deal to acquire Kansas City Southern railroad is in jeopardy after federal regulators rejected a key part of the plan Tuesday, Aug. 31, 2021 and opened the door for a competing $31 billion offer from Canadian Pacific … [Read more...] about Kansas City Southern suitor’s bid in jeopardy after ruling | Latest Headlines

Their union representative told the arbitrator that nearly every supervisor in San Jose’s 12 post offices had improperly manipulated employee hours each week for at least three years. In an eight-month period in 2017, the union found that these unauthorized changes shorted mail carriers out of 77 regular hours and 1,864 overtime hours, collectively costing them anywhere from … [Read more...] about USPS has shorted some workers’ pay for years, CPI finds | Latest Headlines