Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis: U.S. financial regulators in hot seat as Biden ramps up climate agenda
By Katanga Johnson and Chris Prentice WASHINGTON (Reuters) - As U.S. President Joe Biden escalates his climate change agenda, pressure is growing on the country's regulators to catch up with Europe an...
Apr 22, 2021
American Airlines loss narrows as travel demand picks up
(Reuters) -American Airlines Group Inc reported a smaller quarterly loss on Thursday as rising vaccination rates prompted more people to opt for air travel. Shares of the airline rose 3.2% to $21.66 i...
Apr 22, 2021
Quest Diagnostics beats profit estimates as non-COVID-19 businesses recover
(Reuters) -Medical device maker Quest Diagnostics Inc beat first-quarter profit estimates on Thursday boosted by a recovery of its non-COVID-19-related businesses, which helped offset a fall in demand...
Apr 22, 2021
D.R. Horton quarterly profit nearly doubles as sales rise
(Reuters) - D.R. Horton Inc quarterly profit nearly doubled on Thursday, as strong housing demand and low mortgage rates boosted the top U.S. homebuilder's sales. The company's profit was hit last yea...
Apr 22, 2021
Southwest expects lower cash burn as vaccines drive leisure travel rebound
(Reuters) - Southwest Airlines Co on Thursday posted a smaller-than-expected quarterly adjusted loss and forecast lower cash burn in the second quarter as rising vaccination rates and pent-up demand f...
Apr 22, 2021
Cathie Wood’s ARK Invest piles into UiPath, trims Tesla
(Reuters) - Cathie Wood's ARK Invest snapped up shares of automation software provider UiPath Inc in its strong stock market debut on Wednesday, while trimming some holdings in Tesla. UiPath's shares ...
Apr 22, 2021
AT&T beats revenue, wireless subscribers estimates
(Reuters) - AT&T Inc's wireless subscriber additions more than doubled first-quarter estimates, as the reopening of the U.S. economy after months of pandemic-led restrictions boosted its smartphone sa...
Apr 22, 2021
Exclusive: Texas energy fund shuts, founder says millions squandered
By Shariq Khan (Reuters) - The founder of a Texas oil and gas investment firm that raised about $31 million shut the business this month and acknowledged in a Reuters interview that he had squandered ...
Apr 22, 2021
Fired fund manager Friess to battle AMG over Brandywine portfolios
By Svea Herbst-Bayliss BOSTON (Reuters) - Mutual fund manager Friess Associates plans to challenge its firing by asset manager Affiliated Managers Group and ask investors to reject the proposed transf...
Apr 22, 2021
Etihad Airways to stop operating Boeing 777-300ER jets this year
DUBAI (Reuters) - Etihad Airways Chief Executive Tony Douglas said on Thursday the Abu Dhabi state carrier would no longer operate Boeing 777-300ER aircraft after this year. "You will see of us a very...
Apr 22, 2021
