RailAmerica Inc. (RA) announced that it has completed its acquisition of a seventy-percent interest in the Wellsboro and Corning Railroad or "WCOR" and Industrial Waste Group or "IWG" from Myles Group for approximately $18 million.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.