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Trump administration pulls  billion from California high-speed rail project

Trump administration pulls $4 billion from California high-speed rail project

A rendering shows a planned high-speed rail train as it enters a station. The rendering was displayed during an informational open house by the California High-Speed Rail Authority in downtown Fresno, California, on May 1, 2024. Craig Kohlruss | Fresno Bee | Tribune News Service | Getty Images Transportation Secretary Sean Duffy has formally terminated…

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It’s all about the guidance

It’s all about the guidance

Shares of Abbott Laboratories fell Thursday after the diversified health-care company delivered a solid second quarter but left investors disappointed with forward guidance. Revenue in the three months ended June 30 rose 7.4% to $11.14 billion, outpacing the $11.07 billion consensus estimate, according to estimates compiled by LSEG. Organic sales , excluding Covid testing results,…

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