Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis: White House, U.S. companies could agree on 25% tax rate, officials, business groups say
By Jarrett Renshaw (Reuters) - President Joe Biden has championed raising the U.S. corporate tax rate to 28% from 21% as the main way to fund his $2 trillion infrastructure plan, but few people in Was...
Apr 07, 2021
U.S. Treasury deputy chief sees majority of countries joining minimum tax deal
WASHINGTON (Reuters) - U.S. Treasury Deputy Secretary Wally Adeyemo said on Wednesday that he believed the United States can secure an agreement with the "vast majority" of the world's countries to im...
Apr 07, 2021
Biden plan calls for $100 billion in new EV consumer rebates: email
WASHINGTON (Reuters) - The Biden administration's $174 billion proposal to boost electric vehicles calls for $100 billion in new consumer rebates and $15 billion to build 500,000 new electric vehicle ...
Apr 07, 2021
U.S. panel to hold hearing on tech bill to combat China: source
WASHINGTON (Reuters) - The U.S. Senate Commerce Committee is set to hold a hearing on April 14 on a bipartisan measure to bolster U.S. technology research and development efforts in a bid to address C...
Apr 07, 2021
Twitter held talks for $4 billion takeover of Clubhouse: Bloomberg News
(Reuters) - Twitter Inc held discussions in recent months to buy audio app Clubhouse at a $4 billion valuation, Bloomberg News reported on Wednesday, citing people familiar with the matter. Twitter de...
Apr 07, 2021
McConnell sees possible path for targeted infrastructure that does not revisit 2017 tax cuts
WASHINGTON (Reuters) - U.S. Senate Minority Leader Mitch McConnell said on Wednesday that infrastructure legislation could win support from Republicans in Congress if it targets traditional projects i...
Apr 07, 2021
GM offers clues to technology aimed at slashing EV battery costs
By Paul Lienert (Reuters) - General Motors Co is testing a variety of battery chemistries, technologies and manufacturing processes aimed at slashing the cost of future electric vehicle batteries and ...
Apr 07, 2021
U.S. SEC blocks Amazon effort to stop shareholder votes on racial equity audit
(Reuters) - U.S. securities regulators on Wednesday turned down an exemption sought by Amazon.com Inc to stop its investors from considering a shareholder proposal related to racial equity at the e-co...
Apr 07, 2021
Analysis: SDRs and debt holidays still just a band-aid for debt-hobbled countries
By Marc Jones LONDON (Reuters) - Debt experts, charity groups and investors welcomed news on Wednesday that the world's poorest countries will get new IMF funds and COVID-19 debt relief, but they also...
Apr 07, 2021
Instacart, DoorDash plan to launch credit cards: WSJ
(Reuters) - U.S. grocery delivery app Instacart Inc and food delivery firm DoorDash Inc are planning to launch their own credit cards, the Wall Street Journal reported on Wednesday, citing people fami...
Apr 07, 2021
