CSX railroad profit up 9% on higher fuel surcharges, rates

CSX railroad hauled in 9% more profit in the fourth quarter even though it carried less cargo because it received more money for fuel surcharges and higher shipping rates. The Jacksonville, Florida

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US Reversal on Abrams Tanks Underscores Focus on NATO’s Unity

As recently as last week, US officials insisted the M1 Abrams tank was a bad fit for Ukraine. Yet on Wednesday, President Joe Biden reversed course and offered 31 of them, saying the 70-ton vehicle

Bitcoin and crypto are moving past FTX’s collapse, but the road back will be rough

To answer this question and shed more light on what crypto investors can expect in coming months, I’ve spoken to Alex Benfield and Juan Villaverde, crypto analysts at Weiss Ratings, an independent

Tesla posts record quarterly profit amid challenges, offers sunny outlook

Tesla Inc. late Wednesday reported mixed fourth-quarter results, with revenue slightly below Wall Street expectations, but injected some optimism in its production outlook for 2023.

Stocks moving in after hours: Tesla, IBM, ServiceNow, Levi

Levi Strauss's adjusted earnings per share of 34 cents for the fourth quarter beat the average analyst expectation of 29 cents. Net revenue of $1.59 billion also came in slightly higher than the $1

Microsoft stock turns negative after forecast misses, CFO warns about deceleration

Microsoft Corp.'s profit declined more than 12% in the holiday season, and executives said Tuesday that a revenue deceleration in December is expected to continue into the new year as the company

Microsoft Profit Tops Estimates as Azure Cloud Unit Proves Resilient

Microsoft Corp.’s profit topped analysts’ estimates in the second quarter, helped by strength in its cloud-services business even in a period when a weakening global economy ate into demand for

Proposed Brazil-Argentina common currency is met with doubts

Market analysts are reacting with deep skepticism to a proposal floated by the leaders of Brazil and Argentina to launch a common currency.