Kansas City Southern’s (KCS) main businesses are Chemicals and Petroleum; Industrial and Consumer Products; Agriculture and Minerals; Energy; Intermodal; and Automotive. In 2022, KCS had revenues of $3.37 billion, an increase of 14.4%, and achieved net earnings of $984 million, a growth of 86.7%, year-over-year. Kansas City Southern
Bimbo, through Bimbo Bakeries USA (BBU), faces competition primarily from Flowers Foods and Campbell Soup Company (under the Pepperidge Farm brand) in the United States. According to IRI Flowers, BBU had a 31% share of the U.S. fresh and frozen bakery products market, which it estimates at $47
The collapse of FTX shook the volatile cryptocurrency market, which lost billions in value at the time, falling below a valuation of $1 trillion. On November 11, 2022, FTX’s CEO resigned and the company filed for bankruptcy. The entire collapse, in which FTX went from being worth an
The volume of world trade in goods contracted at a rate of 1.6% compared to the same period in 2022, reported the Economic Commission for Latin America and the Caribbean (ECLAC). In all of 2022, world trade increased 2.7% year-on-year. According to the latest World Trade Organization (WTO)
The lack of affordable housing remains a national problem in the United States, concludes the AFL-CIO Housing Investment Trust. For starters, renter households have seen their savings dwindle due to the high cost of living, resulting in approximately 49% of all renters having to pay more than 30%
QUALCOMM, a world leader in the development and commercialization of core technologies for the wireless industry, highlighted intelligent computing as a global trend. Advances in processor technologies have enabled the distribution of complex workloads across the network, with more computing performed at edge devices where data is generated.