Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Canopy Growth to buy Supreme Cannabis for $256.85 million as pot demand lights up
(Reuters) - Canada's Canopy Growth Corp said on Thursday it will buy rival Supreme Cannabis Co Inc for C$323.3 million ($256.85 million), as the world's biggest cannabis producer bolsters its portfoli...
Apr 08, 2021
SoftBank, Franklin invest $210 million in OneTrust at over $5 billion valuation
(Reuters) - SoftBank Vision Fund 2 and Franklin Templeton led a $210 million investment in OneTrust at a valuation of more than $5 billion, the privacy and security software provider said on Thursday....
Apr 08, 2021
Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation
(Reuters) - Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, raised $115 million in a funding round led by digital payments giant Stripe and D1 Capital ...
Apr 08, 2021
U.S. Senate panel to to consider major China competition bill on April 14: source
WASHINGTON (Reuters) - The U.S. Senate Foreign Relations Committee has scheduled a meeting on April 14 to consider bipartisan legislation to boost the country's ability to push back against China's ex...
Apr 08, 2021
Gucci owner Kering on track with global logistic hub in Italy
MILAN (Reuters) - Kering has completed the first phase of its new global logistics hub in North-West Italy, helping increase the French luxury group's storage and speed up global deliveries. The group...
Apr 08, 2021
U.S. weekly jobless claims unexpectedly rise
WASHINGTON (Reuters) - The number of Americans filing new claims for unemployment benefits unexpectedly rose last week, but the increase likely understates the rapidly improving labor market condition...
Apr 08, 2021
Amazon union election tally expected to start, turnout 55%
NEW YORK (Reuters) - U.S. regulators are expected to start tallying votes in Amazon.com Inc's closely watched union election in Alabama later on Thursday or early Friday, union officials said. The ele...
Apr 08, 2021
Major economies should inject ‘significant’ support for global economy: Yellen
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen on Thursday warned of the risk of a permanence divergence in the global economy, and urged major economies to strive to provide significant ...
Apr 08, 2021
Tesla lashes out at German red tape ahead of planned site opening
BERLIN (Reuters) - Tesla sharply criticised lengthy regulatory processes in Germany ahead of the planned opening of its first European gigafactory this summer. Tesla plans to have the factory up and r...
Apr 08, 2021
GameStop to elect Cohen as chairman following annual meeting
(Reuters) - GameStop Corp, which has been part of a recent Reddit-driven trading frenzy, said on Thursday it intends to elect Ryan Cohen, the videogame retailer's biggest shareholder and board member,...
Apr 08, 2021
