The railway group Canadian Pacific announced on Sunday that it has agreed to buy Kansas City Southern for about $25 billion, Reuters reports.
Why it matters: The acquisition would create the first railroad network to connect the U.S., Canada, and Mexico and open up opportunities for increased trade.
This year's tax season is shaping up to be a gnarly one. The IRS has agreed to give Americans an extra month to file their taxes — but that's barely going to be enough to help them and their accountants when it comes to navigating the new code.
Why it matters: The U.S. tax filing system is painful and complex — largely by design.
Three cruise liners announced plans to launch Bahamas-only trips as soon as June.
Why it matters: It's the most significant move for the struggling industry since cruise lines halted in March 2020 after becoming the source of some of the most extensive coronavirus outbreaks early in the pandemic.
A little more than a year after social distancing started in the U.S. — and months after vaccinations began — the vast majority of workers still have yet to return to the office.
Why it matters: Both employers and workers will need to feel safe before a large-scale return to the office is possible — and even then, the lure of remote work will remain.
