Major railroad posts record earnings, spends more on share repurchases than on its employees | CNN Business
www.cnn.com
Union Pacific, one of the major freight railroads that successfully fought off union demands for paid sick days for workers during contentious labor negotiations in 2022, reported another year of record earnings Tuesday.

This is what happens when you put a guy that fixed bread prices in charge of transportation.

    • HntrKllr [he/him]
      ·
      2 years ago

      Well a few include 1)raise the stock price, since fewer stocks are out there, 2)also lower the chance of a hostile takeover, amongst a few

      • mkultrawide [any]
        ·
        2 years ago

        It will also increase earnings per share and return on equity due to the increased leverage of shifting a company's capital structure more towards debt.