CSX railroad’s 1Q profit jumps 15% on higher rates
CSX hauled in 15% more profit in the first quarter as the railroad’s higher rates and fuel surcharges offset its higher costs.
Business
Advice on voice a ‘cynical political tactic’ to confuse voters, Coalition claims – as it happened
This blog is now closedPM says solicitor general’s advice on Indigenous voice refutes ‘absolute nonsense’ from Dutton and JoyceGet our morning and afternoon news emails, free app or daily news podcastEd Husic says board appointments alone won’t guarant…
Canada’s BMO Financial appoints Darrel Hackett as new US CEO
Canadian and U.S. banking giant BMO Financial says it is appointing Darrel Hackett as its U.S. CEO.
Amazon Launches Program To Identify and Track Counterfeiters
Amazon has launched its Anti-Counterfeiting Exchange (ACX), an initiative to help retail stores label and track marketplace counterfeits as part of the e-commerce giant’s efforts to crack down on organized crime on its platform, the company announced o…
Mortgage rates rise: 30-year climbs to 6.39%
U.S. mortgage rates rose this week for the first time in more than a month, at least a temporary setback for would-be home buyers and a housing market already reeling from more than a year of interest-rate hikes by the Federal Reserve.
‘Tsunami of pilot retirements’ coming to US aviation industry, experts warn
Nearly 50% of commercial airline workforce will retire in next 15 years, which could mean fewer travel options and price increasesAviation experts are warning that the US airline industry is going to be hit by a “tsunami of pilot retirements” in the co…
When Apple Comes Calling, ‘It’s the Kiss of Death’
Aspiring partners accuse Apple of copying their ideas. From a report: It sounded like a dream partnership when Apple reached out to Joe Kiani, the founder of a company that makes blood-oxygen measurement devices. He figured his technology was a perfect…
The Pentagon Is Increasingly Relying on Billionaires’ Rockets. And It’s OK with That.
Space Force leaders say carefully written contracts can prevent things like SpaceX’s about-face on Ukrainian satcomms.
Spanish PM, EU slam irrigation plan for drought-hit wetlands
Spain’s Prime Minister and the European Union’s environmental chief have slammed a plan by right-wing lawmakers in the Andalusia region to expand water rights for farmland around the Doñana nature reserve.
Senate asks supreme court chief justice to testify on ethics amid Clarence Thomas revelations – as it happened
Thomas under scrutiny after accepting luxury giftsSign up to receive First Thing – our daily briefing by emailThe Democratic chair of the Senate judiciary committee has asked chief justice John Roberts to testify on 2 May about the court’s ethics, foll…