Union Pacific Profit Climbed 5% as It Builds the Case for Its Acquisition of Rival Norfolk Southern

OMAHA, Neb. (AP) — Union Pacific delivered 5% higher earnings in the first quarter as the railroad worked to prepare its case to convince regulators that its $85 billion acquisition of eastern rival Norfolk Southern is a good idea. The Omaha, Nebraska-based railroad said Thursday that it earned $1.7 …