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Stocks
AT&T’s Stankey: 'I don’t see the business model dramatically changing'
Investing.com -- AT&T Inc (NYSE:T) CEO John Stankey said the company expects to manage potential tariff-related cost increases without deviating from its 2025 financial outlook, though consumers may fInvesting.com
Wed, Apr 23
Stocks
Norfolk Southern shares up after co reaffirms annual forecast
** Norfolk Southern NSC.N shares up 3% to $226 in early trade after co reaffirms annual forecast** NSC Q1 total revenue was $2.99 bln compared with estimate of $2.97 bln, according to data compiled by LSEG** Co posts Q1 adj. EPS of $2.69, in line with estimate** 16 of 28 brokerages rate the stock &#...Reuters
Wed, Apr 23
Other
Exclusive: Argo primary and excess casualty head Schramm departs
By James ThalerApril 23 - (The Insurer) - Argo’s head of primary and excess casualty Chris Schramm has left the company ahead of taking up another post elsewhere, broking and underwriting sources have said.Details on Schramm’s destination could not immediately be confirmed. A spokesperson for Argo d...Reuters
Wed, Apr 23
Stocks
NextEra beats profit estimates as power company skirts trade risk
NextEra cut tariff exposure to $150 mln, shifts risk to suppliers Company arranged domestic battery supplier last year By Laila Kearney and Arunima Kumar April 23 (Reuters) - NextEra Energy NEE.N beat Wall Street estimates on Wednesday on rising electricity demand as the giant U.S. power provider...Reuters
Wed, Apr 23
Other
NFP adds IMA's Lyon and Beard to construction and infrastructure group
By Isha MaratheApril 23 - (The Insurer) - Aon-owned NFP has hired Jake Lyon as senior vice president, risk control advisory leader and Darren Beard as vice president, risk control, transportation, with both joining from IMA Financial Group.Both Lyon and Beard are based in the Kansas City, Missouri,...Reuters
Wed, Apr 23
Other
US Senator Dick Durbin to retire, NYT reports
WASHINGTON, April 23 (Reuters) - U.S. Senator Dick Durbin, the top Democrat on the Senate Judiciary Committee, will retire after 44 years in Congress, the New York Times reported on Wednesday, citing an interview with the senator. Durbin's retirement is expected to be announced on Wednesday, the...Reuters
Wed, Apr 23
Stocks
Old Dominion beats quarterly profit estimates on higher pricing
By Aishwarya JainApril 23 - Old Dominion Freight Line ODFL.O beat first-quarter profit estimates as stronger pricing helped offset a steep drop in shipments, sending its shares up 3% on Wednesday. Less-than-truckload (LTL) revenue per hundredweight, a key performance indicator for freight companies,...Reuters
Wed, Apr 23
Other
IPT bill reaches record 8.88 billion pounds in 2024/25 tax year
By Rebecca DelaneyApril 23 - (The Insurer) - Receipts from insurance premium tax (IPT) stood at 61 million pounds in March 2025, bringing the total for the 2024/25 financial year to a record 8.88 billion pounds, according to HMRC data.Total IPT revenue for the 2024/25 financial was up 9% from 8.15 b...Reuters
Wed, Apr 23
Stocks
Boston Scientific lifts profit view as robust demand expected to shield tariff impact
By Mariam Sunny and Padmanabhan Ananthan April 23 (Reuters) - Boston Scientific BSX.N raised its annual profit forecast and said strong demand for its medical devices would buffer a potential $200 million tariff-related hit, sending its shares up nearly 6% on Wednesday.The upbeat outlook comes ag...Reuters
Wed, Apr 23
Stocks
DOJ probing Disney-FuboTV deal over competition concerns, Bloomberg News reports
April 23 (Reuters) - Officials at the U.S. Department of Justice are probing Disney's DIS.N deal to take a controlling stake in streaming company FuboTV FUBO.N, Bloomberg News reported on Wednesday, citing people familiar with the plans.Reuters
Wed, Apr 23
Stocks
LIVE MARKETS-"Liberation day" economics: Flash PMI, new home sales, mortgages
Main US indexes jump; Nasdaq out front, up ~3.8%Cons disc biggest sector gainer; cons stp laggardEuro STOXX 600 index up ~1.8%Dollar flat; crude, gold slide >2%; bitcoin up ~1.3%U.S. 10-Year Treasury yield falls to ~4.33%Welcome to the home for real-time coverage of markets brought to you by Reut...Reuters
Wed, Apr 23
Stocks
Solar stocks get rating cut by Wall Street amid slowing growth and uncertainty
Investing.com -- Wall Street analysts cut ratings on U.S. residential solar companies given a weaker demand, margin risks and growing uncertainty around federal tax incentives.Guggenheim cut Enphase EInvesting.com
Wed, Apr 23
Cryptocurrencies
Trump’s White House loyalists turn against each other over trade and security
Internal fights that continued in President Trump’s first term have reappeared in his second, driven by disagreements over trade policy, national security, and personal loyalty. The latest fights now threaten to shake the Pentagon, where Defense Secretary Pete Hegseth has pushed out top aides and faces backlash over sharing secret airstrike details outside secure channels. […]Cryptopolitan
Wed, Apr 23
Other
Chubb’s NA commercial P&C price increases slow in Q1, loss cost trend declines 'modestly'
By Michael LoneyApril 23 - (The Insurer) - Chubb’s commercial insurance price increases decelerated in the first quarter while there was also a modest decline in loss trend, with the insurer’s CEO Evan Greenberg also commenting that he is “mindful” of tariffs affecting short-tail lines.Speaking on a...Reuters
Wed, Apr 23
Other
Patriot Growth promotes Galaviz to president
By Mia MacGregorApril 23 - (The Insurer) - Pennsylvania-based broker Patriot Growth Insurance Services has promoted John Galaviz, currently chief financial officer, to the newly created role of president, effective immediately.Based in Los Angeles, Galaviz will continue to report to Matt Gardner, ch...Reuters
Wed, Apr 23
Cryptocurrencies
Argentina’s Milei defies IMF and World Bank estimates, citizens incline to his economic plan
The Argentine peso settled around 1,100 to the US dollar early Wednesday. Its difference from the unofficial “blue dollar” rate shrunk to 6–7%. Now, traders in Buenos Aires are starting to believe that President Javier Milei can make Argentina’s currency stronger. Both the International Monetary Fund (IMF) and World Bank estimated a 5% growth in […]Cryptopolitan
Wed, Apr 23
Other
Ivans: Umbrella pricing accelerates in Q1
By Chris MunroApril 23 - (The Insurer) - The umbrella segment was the only one of the six major business lines tracked by the Ivans Index where average premium renewal rates increased year on year in Q1 2025.In umbrella, premium renewal rate change averaged 9.26% in 2025’s first quarter, a big incre...Reuters
Wed, Apr 23
Other
China backs Iran's nuclear talks with US, opposes 'illegal' sanctions
BEIJING, April 23 (Reuters) - China supports Iran holding talks on its nuclear program with the United States and opposes the use of force and "illegal" unilateral sanctions to try to resolve the issue, Chinese Foreign Minister Wang Yi told Iran's foreign minister on Wednesday. Beijin...Reuters
Wed, Apr 23
