Business headlines on Monday – WISH-TV | Indianapolis News

Indianapolis (Desire) – Here’s a look at the business headlines on Monday.

Rail melting

Canadian Pacific Railway has agreed to acquire Kansas City Southern for $ 25 billion.

The merger will create the first rail network covering Canada, the United States and Mexico.

The agreement links factories and ports in Mexico, farms and factories in the Midwestern United States, Canadian seaports and energy resources.

Apple, city, cat

A Texas federal jury said Apple personal communications is expected to pay about $ 308 million for violating a patent related to DRM.

PMC, a licensing company, filed a lawsuit against Apple in 2015, alleging that the tech giant’s iTunes service violated seven of its patents.

Apple told Bloomberg that it was disappointed with the decision and would appeal.

Boat gallery

The ship shows the area aft and attracts large crowds.

The Orlando Boat Show saw a successful personal event this year, attracting larger crowds than expected.

In 2020, sales of ships, marine products and services peak at $ 47 billion in 13 years, when people flock to the waters to safely enjoy the outdoors.

Sea trip

The cruise companies are planning to set sail again this summer.

Tired of waiting for the CDC, I found at least three major lines an alternate way to go.

The latest announcements come from Royal Caribbean International, which will sail on a ship from Nassau, the Bahamas, to Cozumel, Mexico, and the Celebrity Cruises, which will explore the Southern Caribbean itineraries from Saint Martin. Other cruise lines are expected to make similar announcements in the coming days and weeks.