Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
CalPERS to back activist’s four director nominees in Exxon board fight
BOSTON (Reuters) - The California Public Employees' Retirement System (CalPERS) said on Monday it plans to vote for Engine No. 1's four director nominees to Exxon Mobil Corp's board, becoming the seco...
Apr 26, 2021
J&J execs get pay raises, but only after bruising shareholder ‘Vote No’ campaign
By Jessica DiNapoli and Ross Kerber NEW YORK (Reuters) - Roughly 57% of investor votes cast backed healthcare company Johnson & Johnson's executive pay for 2020, a low level of support for a proposal ...
Apr 26, 2021
Tesla beats quarterly revenue expectations on strong deliveries
(Reuters) - Tesla Inc beat Wall Street expectations for first-quarter revenue and profit on Monday boosted by record deliveries, robust demand from China and environmental credit sales. Tesla said it ...
Apr 26, 2021
Lyft sells self-driving tech unit to Toyota for $550 million, moves up profit timeline
By Tina Bellon (Reuters) - Lyft Inc will sell its self-driving technology unit to Toyota Motor Corp in a $550 million deal, the companies said on Monday, allowing the ride-hail company to hit its prof...
Apr 26, 2021
Impact of Apple ad tracking changes will hinge on app developers, exec says
By Stephen Nellis (Reuters) - The impact of Apple Inc's new privacy controls over digital advertising tracking is likely to depend greatly on how app developers implement a new pop-up notification, Ap...
Apr 26, 2021
Bitcoin hit with record weekly outflow as rally ebbs – CoinShares data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Bitcoin posted a record weekly outflow, with overall sentiment on cryptocurrencies turning cautious as the digital asset's searing rally hit a wall, da...
Apr 26, 2021
Harris to lead Biden task force promoting unions, labor organizing
By Nandita Bose WASHINGTON (Reuters) - President Joe Biden will sign an executive order on Monday that will create a task force to promote labor organizing, the White House said, at a time when just o...
Apr 26, 2021
Spotify to raises prices on some plans across U.S., UK
(Reuters) - Spotify Technology SA is raising the prices on some of its subscription plans in the United States and the United Kingdom from April 30, the music streaming platform said on Monday. In the...
Apr 26, 2021
White House says capital gains tax would hit 0.3% of taxpayers
By Andrea Shalal and Trevor Hunnicutt WASHINGTON (Reuters) -President Joe Biden's forthcoming capital gains tax hike proposal would affect only a 0.3% slice of U.S. taxpayers, a top economic aide said...
Apr 26, 2021
U.S. moves to reverse Trump on California vehicle-emission rules
By David Shepardson WASHINGTON (Reuters) - The U.S. Environmental Protection Agency (EPA) said Monday it was moving to reverse the Trump administration's 2019 decision to withdraw California's legal a...
Apr 26, 2021
