CSX railroad’s Q4 profit jumps 23% even though volume slips
OMAHA, Neb. (AP) — CSX railroad’s fourth-quarter profit jumped 23% even though volume slipped amid the ongoing supply chain challenges….
New vehicles to be rated on how they make drivers stay alert
DETROIT (AP) — Two organizations that influence many Americans’ automobile buying decisions will begin rating vehicles on how well they…
Netflix stock plunges as subscriber growth worries deepen
SAN RAMON, Calif. (AP) — Netflix delivered its latest quarter of disappointing subscriber growth during the final three months of…
Analysis-Microsoft Faces Challenge Cleaning Up Activision Blizzard’s Culture
By Sheila Dang, Julia Love and Dawn Chmielewski (Reuters) – The success of Microsoft’s biggest deal ever rides on rehabilitating…
Dollar Reverses Losses, Shows Modest Gain Following 10-year TIPS Auction
By Stephen Culp NEW YORK (Reuters) – The dollar fluctuated but remained rangebound on Thursday as this week’s upward trajectory…
American, United See Fliers Returning To Skies In March, But Costs Weigh
By Rajesh Kumar Singh CHICAGO (Reuters) – U.S. carriers American Airlines and United Airlines on Thursday said a recovery in…
Fed study on digital currency leans toward role for banks
WASHINGTON (AP) — The Federal Reserve on Thursday released a highly anticipated report on central bank digital currencies that suggested…
Bargain-hunting Buoys Wall Street After Nasdaq Correction
By Lewis Krauskopf, Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) – Wall Street’s main indexes rebounded on Thursday with solid…
Union Pacific Signals Staff Crunch From COVID-19 To Pressure Volumes
By Abhijith Ganapavaram and Nathan Gomes (Reuters) – Union Pacific Corp said COVID-19 cases among its staff and paid time…
Long-term mortgage rates continue rise; 30-year breaks 3.5%
WASHINGTON (AP) — Average long-term U.S. mortgage rates continued to rise this week. The rate on the benchmark 30-year loan…