Business

Norfolk Southern’s profit fell 27% as it didn’t collect big insurance payments for Ohio derailment

Friday, April 24 by SRN News

Norfolk Southern railroad's first-quarter profit fell 27% because it didn't collect big insurance payments related to the East Palestine, Ohio, derailment and its planned merger with Union Pacific added to its costs. The Atlanta-based railroad said Friday that it earned $547 million, or $2.43 per... Read More.

US consumer sentiment slumps to record low in April; inflation expectations rise

Friday, April 24 by SRN News

By Lucia Mutikani WASHINGTON, April 24 (Reuters) - U.S. consumer sentiment fell to a record low in April as households shrugged off a ceasefire in the war with Iran, remaining focused on the inflation fallout from the conflict. The University of Michigan's Surveys of Consumers said... Read More.

US, EU announce action plan to coordinate trade policies on critical minerals

Friday, April 24 by SRN News

By Andrea Shalal WASHINGTON, April 24 (Reuters) - The United States and European Union on Friday released an action plan to coordinate trade policies and measures on critical minerals supply chains, with a view to concluding a binding plurilateral agreement at a future date. The plan... Read More.

Deutsche Boerse CEO warns against 24/7 trading as Wall Street gears up for it

Friday, April 24 by SRN News

By Amanda Cooper and Tommy Reggiori Wilkes LONDON, April 24 (Reuters) - Trading stocks round-the-clock, seven days a week could damage markets by fragmenting liquidity, German exchange operator Deutsche Boerse CEO Stephan Leithner warned, as Wall Street takes steps to shift towards trading 24/7. Exchanges are... Read More.

Nuclear reactor maker X-Energy valued at $11.9 billion in stellar Nasdaq debut

Friday, April 24 by SRN News

April 24 (Reuters) - X-Energy shares surged 30.9% in their Nasdaq debut on Friday, giving the company a valuation of $11.9 billion and signaling strong interest in the developers of carbon-free energy that has the potential to fuel the unprecedented boom in artificial intelligence.... Read More.

US, EU deepen cooperation on critical minerals with eye to broader agreement

Friday, April 24 by SRN News

By Andrea Shalal and Simon Lewis WASHINGTON, April 24 (Reuters) - The U.S. and the European Union on Friday deepened their coordination on critical minerals as part of a broader push by Western allies to loosen China's grip on materials crucial to advanced manufacturing. U.S. Secretary... Read More.

AI smart glasses will help visually impaired runners take on the London Marathon

Friday, April 24 by SRN News

LONDON (AP) - Running past Buckingham Palace during training, Tilly Dowler is closing in on a goal she once thought out of reach. Dowler, who has Stargardt disease and says she has about 10% useful vision, only began running last year, starting with a couch... Read More.

Avis roller coaster drags a big index along for the ride

Friday, April 24 by SRN News

By Chibuike Oguh NEW YORK, April 24 (Reuters) - White-knuckle trading this month in car rental firm Avis Budget has taken one of the longest-standing U.S. stock indexes for its own thrill ride. Avis shares plunged 70% over Wednesday and Thursday, their biggest-ever two-day decline, after... Read More.

Morning Bid: Schrödinger’s ceasefire

Friday, April 24 by SRN News

By Anna Szymanski April 24 (Reuters) - Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers! Just when it looked like the U.S.-Iran ceasefire might put a cap on oil prices,... Read More.

Europe’s markets watchdog warns cyber threats are growing as AI speeds up risks

Friday, April 24 by SRN News

By Elisa Martinuzzi and Elizabeth Howcroft PARIS, April 24 (Reuters) - The chief of Europe's securities regulator said the risks from and potential speed of cyberattacks are growing, joining a chorus of warnings from financial supervisors on the threats posed by artificial intelligence models that... Read More.

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Current Weather

Norfolk Southern’s profit fell 27% as it didn’t collect big insurance payments for Ohio derailment

US consumer sentiment slumps to record low in April; inflation expectations rise

US, EU announce action plan to coordinate trade policies on critical minerals

Deutsche Boerse CEO warns against 24/7 trading as Wall Street gears up for it

Nuclear reactor maker X-Energy valued at $11.9 billion in stellar Nasdaq debut

US, EU deepen cooperation on critical minerals with eye to broader agreement

AI smart glasses will help visually impaired runners take on the London Marathon

Avis roller coaster drags a big index along for the ride

Morning Bid: Schrödinger’s ceasefire

Europe’s markets watchdog warns cyber threats are growing as AI speeds up risks

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