Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Biden raises minimum wage for federal contractors to $15/hour
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) - President Joe Biden on Tuesday will continue his push for a national $15 minimum wage with an executive order that raises pay to at least tha...
Apr 27, 2021
Analysis: Cashing blank checks- why the bold favor SPACs
By Joshua Franklin and Krystal Hu NEW YORK (Reuters) - Dimitri Kazarinoff started his first ever earnings call as XL Fleet Corp chief executive last month with a u-turn. When the maker of electrified ...
Apr 27, 2021
U.S. auto industry to press Congress again on chips shortage
By David Shepardson WASHINGTON (Reuters) - Major automakers and suppliers will press Congress again on Tuesday to address the global shortage of semiconductor chips that has curtailed auto production ...
Apr 27, 2021
OPEC+ to meet a day earlier, upbeat on demand
By Rania El Gamal and Olesya Astakhova DUBAI/MOSCOW (Reuters) - OPEC and its allies led by Russia will meet on Tuesday to discuss production policy amid upbeat forecasts for energy demand despite conc...
Apr 27, 2021
Mediaset rises on revived expansion plan and olive branch to Vivendi
MILAN (Reuters) - Shares in Mediaset opened higher on Tuesday after the Italian broadcaster said it was reviving a project for international expansion while also seeking to appease second-biggest inve...
Apr 27, 2021
EU will use trade deal tools against Britain if needed – EU’s von der Leyen
BRUSSELS (Reuters) - The trade agreement between Britain and the European Union will give each side tools to ensure compliance with that accord and the Brexit divorce deal between the two, European Co...
Apr 27, 2021
The Nio normal: Chinese electric carmaker seeks to plug buyers into lifestyle app
By Yilei Sun and Tony Munroe SHANGHAI (Reuters) - In Shanghai, aerospace executive Lu Hao didn't just buy a sleek electric SUV from Nio, China's answer to Tesla. He bought Nio's whole vision of a futu...
Apr 27, 2021
European stocks weighed down by UBS’ Archegos hit, BP surges
(Reuters) - European stocks were little changed on Tuesday following earnings from blue-chip companies such as HSBC and BP, while UBS become the latest bank to disclose a hit from dealing with U.S. in...
Apr 27, 2021
South Korea finance minister says taxing gains from cryptocurrency trading next year ‘inevitable’
SEOUL (Reuters) - South Korea's finance minister on Tuesday said the government will start taxing capital gains from trading of cryptocurrencies from next year as previously proposed. "It's inevitable...
Apr 27, 2021
Whitbread eyes staycation demand as annual losses hit $1.4 billion
(Reuters) - Premier-Inn owner Whitbread reported on Tuesday an annual loss of about $1.4 billion after COVID-19 curbs crimped all major travel in Britain for most of 2020, and said it sees a "signific...
Apr 27, 2021
