Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Powell: QE taper likely ‘well before’ interest rate increase
WASHINGTON (Reuters) - The Federal Reserve will reduce its monthly bond purchases before it commits to an interest rate increase, Fed Chair Jerome Powell said on Wednesday, clarifying the order of mon...
Apr 14, 2021
GM to announce second U.S. battery plant, in Tennessee, with LG Chem: sources
By David Shepardson and Ben Klayman (Reuters) - General Motors Co and South Korean joint-venture partner LG Chem Ltd will announce a second U.S. battery cell manufacturing plant on Friday, revealing p...
Apr 14, 2021
Spain’s Acciona hires banks for IPO of $9.6 billion energy unit – sources
By Abhinav Ramnarayan, Arno Schuetze and Isla Binnie MADRID (Reuters) - Spanish conglomerate Acciona is stepping up preparations for a stock market listing of its renewable energy unit and has hired b...
Apr 14, 2021
U.S. hearing on China competition told research funding falling behind
By David Brunnstrom and Michael Martina WASHINGTON (Reuters) - U.S. investment in research and development has reached its lowest level decades while that in the rest of the world has soared, the head...
Apr 14, 2021
U.S. Senate votes 53-45 to confirm Gary Gensler as Biden’s SEC chief
WASHINGTON (Reuters) - The U.S. Senate voted 53-45 on Wednesday to confirm former derivative markets regulator Gary Gensler as head of the country's top securities markets regulator, spelling a toughe...
Apr 14, 2021
As bank earnings roll in, a mixed picture for loans
By Dan Burns (Reuters) - JPMorgan Chase & Co, the largest U.S. bank and often heralded as a bellwether for the economy, on Wednesday reported an eye-popping increase in its profit for the first quarte...
Apr 14, 2021
Legion pushes board fight at OneSpan after settlement offer rejected
By Svea Herbst-Bayliss BOSTON (Reuters) - Legion Partners Asset Management on Wednesday said it is pushing ahead with a proxy contest to seat four directors on OneSpan's board after the cybersecurity ...
Apr 14, 2021
Amazon aims to double U.S. Black employees in leadership this year
(Reuters) - Amazon.com said on Wednesday it was aiming to double the number of Black employees in senior leadership roles and hire 30% more Black people as corporate employees in the United States thi...
Apr 14, 2021
U.S. import prices increase solidly, seen temporarily boosting inflation
By Lucia Mutikani WASHINGTON (Reuters) - U.S. import prices increased more than expected in March, lifted by higher costs for petroleum products and tight supply chains, the latest sign of inflation h...
Apr 14, 2021
Coinbase boss Armstrong poised to reap fruits of listing
By Anna Irrera and Tom Wilson LONDON (Reuters) - As Coinbase Global Inc's multi-billion dollar stock market listing accelerates cryptocurrency's leap to the top table of finance, its founder and CEO B...
Apr 14, 2021
