Listen Live

Current Weather

Loading advertisement…

Macquarie CEO Wikramanayake to retire; profit from CGM unit rises

July 23 (Reuters) - Australia's Macquarie Group announced on Thursday that Chief Executive Shemara Wikramanayake will retire this year and reported higher net profits from its commodities and global markets segment. Wikramanayake will step down as managing director and chief executive officer of the country's... Read More.

Trading Day: $100 oil looms 

By Jamie McGeever ORLANDO, Florida, July 22 (Reuters) - The Nasdaq fell on Wednesday, dragged down by software stocks ahead of some major tech earnings reports, while deepening conflict in the Middle East pushed oil prices sharply higher again and Brent crude closer to the... Read More.

CSX second-quarter profit, revenue rises on intermodal demand

July 22 (Reuters) - U.S. railroad operator CSX on Wednesday reported a rise in second-quarter profit and revenue, as strong intermodal shipments and higher pricing helped offset a challenging freight environment. Shares of the company were up 3% after the bell. • The rail industry has... Read More.