Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Intel in talks to produce chips for automakers within six to nine months: CEO
(Reuters) - The chief executive of Intel Corp told Reuters on Monday the company is in talks to start producing chips for car makers to alleviate a shortage that has hobbled factories. Chief Executive...
Apr 12, 2021
EU chief adviser says credibility of green finance rules at risk
By Kate Abnett and Simon Jessop BRUSSELS/LONDON (Reuters) - The head of the group advising the European Union on its green finance rules has urged Brussels to resist political pressure to weaken them,...
Apr 12, 2021
Fed’s Rosengren says U.S. economy should see significant rebound this year
By Jonnelle Marte (Reuters) -The U.S. economy could see a significant rebound this year thanks to accommodative monetary and fiscal policy, but the labor market still has much room for improvement, Bo...
Apr 12, 2021
U.S. budget deficit hits record high for March as aid payments swell outlays
By David Lawder WASHINGTON (Reuters) - The U.S. government posted a March budget deficit of $660 billion, a record high for the month, as direct payments to Americans under President Joe Biden's stimu...
Apr 12, 2021
Air France-KLM seeks about 1 billion euros via share issue
PARIS (Reuters) - Air France-KLM has launched a share issue to raise about 988 million euros ($1.2 billion) to strengthen its liquidity and finance its general needs in the context of the COVID-19 cri...
Apr 12, 2021
Exclusive: GameStop initiates search for new CEO-sources
By Svea Herbst-Bayliss (Reuters) - GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from being a brick-and-mortar video game retailer to an e-commerce firm, th...
Apr 12, 2021
U.N. chief pushes tax on rich who profited during pandemic
NEW YORK (Reuters) - United Nations Secretary-General Antonio Guterres urged governments on Monday to consider imposing a "solidarity or wealth tax" on the rich - who made money during the coronavirus...
Apr 12, 2021
Powell says U.S. Fed is reviewing ‘concerning’ Archegos bank losses – CBS ’60 Minutes’
By Michelle Price WASHINGTON (Reuters) - The U.S. Federal Reserve is monitoring the implosion of New York fund Archegos Capital and analyzing why some banks suffered billions of dollars in losses, but...
Apr 12, 2021
Kraft Heinz ‘Mayochup’ dispute revived by U.S. appeals court
By Jonathan Stempel (Reuters) - A U.S. appeals court said a man who created a mayonnaise-ketchup blend he called "Metchup" cannot sue Kraft Heinz Co for selling a similar condiment called "Mayochup," ...
Apr 12, 2021
Tesla rallies after Canaccord upgrades rating, says it’s like Apple
By Noel Randewich (Reuters) - Shares of Tesla rose 3% on Monday after Canaccord Genuity raised its rating on the electric car maker to "buy" and compared its brand to Apple. Canaccord Genuity analyst ...
Apr 12, 2021
