P.M. Edition for July 29. The merger deal between Union Pacific and Norfolk Southern would create a single company controlling <a href="https://www.wsj.com/business/logistics/transcontinental-railway-union-pacific-norfolk-southern-03e313aa?mod=WSJ_WNPOD">coast-to-coast rail shipments</a> for the first time in U.S. history. WSJ reporter <a href="https://www.wsj.com/news/author/esther-fung?mod=WSJ_WNPOD">Esther Fung</a> discusses why the deal isn’t totally done yet, and why it’s taken this long to get a coast-to-coast rail operator. Plus, JPMorgan Chase is nearing a deal to <a href="https://www.wsj.com/finance/banking/jpmorgan-chase-nears-a-deal-to-take-over-apples-credit-card-program-0bbcdda8?mod=WSJ_WNPOD">take over Apple’s credit-card program</a>. We hear from WSJ banking reporter <a href="https://www.wsj.com/news/author/annamaria-andriotis?mod=WSJ_WNPOD">AnnaMaria Andriotis</a> about why the deal would be significant. And as tech companies build more electricity-hungry data centers to power artificial intelligence, <a href="https://www.wsj.com/business/energy-oil/ai-data-center-power-costs-bbfcd862?mod=WSJ_WNPOD">utilities want the companies to pay more</a>. Journal reporter <a href="https://www.wsj.com/news/author/katherine-blunt?mod=WSJ_WNPOD">Katherine Blunt</a> describes how the dynamic is playing out across the U.S. Alex Ossola hosts.
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Why It’s Taken Until Now for the U.S.’s First Coast-to-Coast Rail Operator

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