Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Clarida: If inflation expectations ‘drift up persistently,’ Fed would need to respond
WASHINGTON (Reuters) - The Federal Reserve's "metric of success" on inflation is keeping expectations about future price increases anchored at 2%, Fed Vice Chair Richard Clarida said on Wednesday. "An...
Apr 14, 2021
U.S. Treasury sets up new ‘recovery office’ to oversee relief programs
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Treasury Department on Wednesday unveiled a new office to oversee the implementation of economic relief programs, including nearly $420 billion in prog...
Apr 14, 2021
New York Fed’s Williams: Fed has tools to deal with high inflation
By Jonnelle Marte NEW YORK (Reuters) - Inflation could be volatile in the near term as the economy recovers from the pandemic but overall price increases should remain subdued and the Federal Reserve ...
Apr 14, 2021
CBS News executive Kimberly Godwin to lead ABC News
By Helen Coster (Reuters) - CBS News executive Kimberly Godwin has been named as president of Walt Disney Co's ABC News, the media company said on Wednesday. Godwin will join ABC News in early May, re...
Apr 14, 2021
Moderna discusses COVID-19 vaccine manufacturing with Nexus Pharmaceuticals: sources
By Nandita Bose WASHINGTON (Reuters) - Moderna Inc, looking to boost production of its COVID-19 vaccine, met with Nexus Pharmaceuticals to discuss manufacturing the shot at the company's new plant in ...
Apr 14, 2021
Ford outlines further production cuts due to global chip shortage
By Ben Klayman DETROIT (Reuters) - Ford Motor Co on Wednesday outlined another series of plant shutdowns due to the global semiconductor chip shortage, with five facilities in the United States and on...
Apr 14, 2021
U.S. utilities want protection from Biden’s tight timeline in clean energy mandate
By Nichola Groom and Valerie Volcovici (Reuters) - The U.S. power industry is willing to comply with a proposed requirement that it eliminate carbon emissions by 2035 as long as it has flexibility on ...
Apr 14, 2021
U.S. Justice Department steps up probe of American-JetBlue partnership – WSJ
(Reuters) - The U.S. Justice Department has stepped up an antitrust probe of American Airlines' partnership with JetBlue Airways on concerns the deal can lead to inflated fares at key traffic hubs, th...
Apr 14, 2021
Fed says U.S. economic activity accelerated to a moderate pace
(Reuters) - The U.S. economic recovery accelerated to a moderate pace from late February to early April as more consumers, buoyed by increased COVID-19 vaccinations and strong fiscal support, opened t...
Apr 14, 2021
Boeing says clients still have enough funds to buy aircraft
(Reuters) - Boeing said on Wednesday its clients continue to have enough funds to finance aircraft purchases, as the roll-out of COVID-19 vaccinations spurs a recovery in air travel after the pandemic...
Apr 14, 2021
