YRC Worldwide Inc., the trucker that stumbled after reaching No. 1 in the U.S. through mergers, said it remains interested in acquiring Arkansas Best Corp. following the rival company’s rejection of an offer to begin talks.
Ankur Singh and about 10 other Greyhound bus passengers huddled outside a locked terminal at 4 a.m. in Des Moines, Iowa. The wind chill was -17 degrees Fahrenheit (-27 degrees Celsius), and their connection wouldn’t arrive for five hours.
Temperatures broke 90 degrees Fahrenheit (32 Celsius) in Tulsa, Oklahoma, for the 29th time this month, tying a record set 100 years ago, while the old mark was shattered in nearby Fort Smith, Arkansas, the National Weather Service said.
ABB Ltd ., the Swiss maker of factory robots and power transmission gear, agreed to buy Baldor Electric Co. for about $3.1 billion in cash to expand in the North American market for industrial motors and drives.
The central U.S. will continue to bake under hotter-than-normal weather into mid-August, while the northern Plains and Northeast may get some relief, said Matt Rogers, President of Commodity Weather Group LLC.
Temperatures may near 100 degrees as far north as Minnesota as a heat wave builds in the central U.S. this weekend, threatening to boost energy usage and damage crops before spreading to the East Coast.