06:25 AM EST, 01/14/2025 (MT Newswires) -- Westinghouse Air Brake Technologies ( WAB ) said Tuesday it has entered a definitive agreement to acquire Evident's Inspection Technologies division for $1.78 billion. The purchase price will be around $1.68 billion after tax benefits, Wabtec said. The transaction, subject to customary closing conditions and regulatory approvals, is expected to be finalized in...

06:35 AM EST, 01/14/2025 (MT Newswires) -- KB Home ( KBH ) shares jumped early Tuesday as the company recorded better-than-expected fiscal fourth-quarter results while the homebuilder saw double-digit growth in deliveries and net orders. Earnings increased to $2.52 a share for the quarter ended Nov. 30 from $1.85 the year before, the company said late Monday, surpassing the FactSet-polled...

BRUSSELS, Jan 14 (Reuters) - The European Commission remains committed to enforcing its rules for large social media platforms regardless of the new U.S. administration, an EU spokesperson said on Tuesday. The spokesperson said work in different investigations under the Digital Services Act is ongoing and was not impacted by the incoming administration of President-elect Donald Trump. ...

MOSCOW, Jan 14 (Reuters) - A Russian district court fined Alphabet's Google 8 billion roubles ($77.9 million) on Tuesday for non-compliance. Russia has for several years ordered foreign technology platforms to remove content it deems illegal, issuing small but persistent fines when it sees failures to comply. ($1 = 102.7000 roubles) ...