Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
GM commits to doubling ad spending with Black-owned media
DETROIT (Reuters) - General Motors Co on Friday said it will double its commitment to spending with Black-owned media to 4% of its ad budget next year with a target of reaching 8% by 2025. GM had come...
Apr 23, 2021
Wall Street sees long road ahead as Intel seeks to regain market share
By Akanksha Rana and Eva Mathews (Reuters) - Intel Corp's shares fell 7% on Friday as Wall Street analysts raised concerns about how soon the chipmaker can close the gap with rivals as it spends billi...
Apr 23, 2021
France’s Renault scraps investment in new diesel engine
PARIS (Reuters) - French carmaker Renault will not invest in developing a new engine to fit the last generation of diesel vehicles it will produce and will instead adapt its existing model, Chief Exec...
Apr 23, 2021
Rolls-Royce in constructive talks with Spain over ITP Aero sale
LONDON (Reuters) - British engineering company Rolls-Royce said it was in constructive talks with Spain over the sale of its Spanish unit ITP Aero, after a media report said Madrid could block the dea...
Apr 23, 2021
Beijing-based ByteDance says it has no immediate listing plans
By Yingzhi Yang and Tony Munroe BEIJING (Reuters) -Beijing-based ByteDance said on Friday it had no imminent plans for an initial public offering (IPO). ByteDance last month hired former Xiaomi execut...
Apr 23, 2021
U.S. equity funds see lowest inflow in seven weeks on virus worries: Lipper
(Reuters) - U.S. equity funds received their lowest inflows in seven weeks in the week ended April 21, pressured by rising coronavirus cases, which have cast doubts over global economic recovery. Acco...
Apr 23, 2021
Exclusive: New York state pension fund backs activist nominees in Exxon proxy fight
(Reuters) - New York state's pension fund on Friday threw its support behind an activist fund's slate of nominees to Exxon Mobil Corp's board, heating up a proxy fight for the company's future. The Ex...
Apr 23, 2021
U.S. new home sales rebound exceeds expectations in March
WASHINGTON (Reuters) - Sales of new U.S. single-family homes rebounded more than expected in March, likely boosted by an acute shortage of previously owned houses on the market. The Commerce Departmen...
Apr 23, 2021
U.S. appeals court denies Dakota Access rehearing request
NEW YORK (Reuters) - A U.S. Appeals Court on Friday denied Dakota Access LLC's petition for a rehearing on an earlier court decision to cancel a key permit for the DAPL oil pipeline, court documents s...
Apr 23, 2021
U.S. manufacturing activity accelerates in early April; supply constraints worsening
By Lucia Mutikani WASHINGTON (Reuters) - U.S. factory activity powered ahead in early April, but manufacturers increasingly struggled to source raw materials and other inputs as a reopening economy le...
Apr 23, 2021
