Business

USDA to announce next phase of agency reorganization this week, agriculture secretary says

Wednesday, April 22 by SRN News

By Leah Douglas WASHINGTON, April 22 (Reuters) - U.S. Agriculture Secretary Brooke Rollins said on Wednesday the next phase of the Department of Agriculture's reorganization will be announced by the end of this week and will involve the relocation of researchers. The agency has said it... Read More.

Kinder Morgan beats first-quarter profit estimates on strong gas demand

Wednesday, April 22 by SRN News

April 22 (Reuters) - U.S. pipeline operator Kinder Morgan beat Wall Street expectations for first-quarter profit on Wednesday, helped by higher volumes of natural gas transported through its pipelines. U.S. pipeline companies such as Kinder Morgan are gaining from booming oil and gas output in... Read More.

CSX quarterly earnings climb as intermodal volumes strengthen

Wednesday, April 22 by SRN News

April 22 (Reuters) - U.S. railroad operator CSX on Wednesday reported higher first-quarter profit and revenue, helped by strong intermodal volumes and firm pricing, sending shares up more than 6% after the bell. The results underscore improving momentum in the U.S. freight rail sector as... Read More.

CSX delivers 25% jump in profit as it hauls more goods and cuts expenses

Wednesday, April 22 by SRN News

CSX railroad's profit jumped 25% in the first quarter as the railroad hauled 3% more shipments and cut its expenses. The Jacksonville, Florida-based railroad said Thursday that it earned $807 million, or $0.43 per share, as it continued to improve efficiency. That's up from... Read More.

Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies

Wednesday, April 22 by SRN News

LAS VEGAS (AP) - The German company that owns Lufthansa Airlines and other European carriers said Tuesday that it would cut 20,000 short-haul flights through October as the Iran war drives up oil prices and deepens worries that some countries may run low on... Read More.

How Wall Street is setting records even with the Iran war still going on

Wednesday, April 22 by SRN News

NEW YORK (AP) - It seems so illogical. How can the U.S. stock market be setting records when gasoline prices are still expensive, U.S. households are feeling less confident about the economy and the war with Iran is still going? But for Wall Street, everything... Read More.

United Airlines CEO plays down merger talk as White House signals skepticism

Wednesday, April 22 by SRN News

By Rajesh Kumar Singh CHICAGO, April 22 (Reuters) - United Airlines CEO Scott Kirby on Wednesday played down speculation about a potential tie-up with American Airlines and declined to comment on reports he had floated the idea to the White House. "We've seen a lot of... Read More.

JPMorgan hires two top technology bankers from Bank of America, memo says

Wednesday, April 22 by SRN News

By Milana Vinn NEW YORK, April 22 (Reuters) - JPMorgan has hired two veteran technology bankers from Bank of America as it continues to expand its tech investment banking group, according to an internal memo seen by Reuters. The bank has added a top semiconductor investment... Read More.

Goldman Sachs settles shareholder lawsuit over 1MDB scandal

Wednesday, April 22 by SRN News

NEW YORK, April 22 (Reuters) - Goldman Sachs has agreed to settle a lawsuit accusing the Wall Street bank of defrauding shareholders about its work for 1MDB, a Malaysian fund that became embroiled in a corruption scandal. In a letter filed on Wednesday in Manhattan... Read More.

Wall Street rises on Iran ceasefire extension and solid earnings

Wednesday, April 22 by SRN News

By Chuck Mikolajczak and Niket Nishant NEW YORK, April 22 (Reuters) - U.S. stocks climbed on Wednesday to snap a two-day skid for the S&P 500 and Nasdaq, after U.S. President Donald Trump extended the ceasefire with Iran, although uncertainty remained over whether it... Read More.

Current Weather

USDA to announce next phase of agency reorganization this week, agriculture secretary says

Kinder Morgan beats first-quarter profit estimates on strong gas demand

CSX quarterly earnings climb as intermodal volumes strengthen

CSX delivers 25% jump in profit as it hauls more goods and cuts expenses

Airline company Lufthansa cuts 20,000 flights as war squeezes fuel prices and supplies

How Wall Street is setting records even with the Iran war still going on

United Airlines CEO plays down merger talk as White House signals skepticism

JPMorgan hires two top technology bankers from Bank of America, memo says

Goldman Sachs settles shareholder lawsuit over 1MDB scandal

Wall Street rises on Iran ceasefire extension and solid earnings

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