Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Oil prices rise on stronger economic outlook, U.S. stockpile draw
By Jessica Jaganathan SINGAPORE (Reuters) - Oil prices edged higher on Wednesday on the prospects for stronger global economic growth amid increased COVID-19 vaccinations and a report that crude inven...
Apr 06, 2021
Dollar on defensive as U.S. yields slip on reduced Fed tightening bets
By Hideyuki Sano TOKYO (Reuters) - The dollar softened to a two-week low against a basket of currencies on Wednesday after U.S. bond yields declined as traders rolled back aggressive expectations that...
Apr 06, 2021
Transat’s top shareholder turns down Pierre Karl Péladeau’s offer: The Globe and Mail
(Reuters) - Canadian tour operator Transat AT Inc's largest shareholder Peter Letko said he will not sell his shares at the price offered by Quebec businessman Pierre Karl Pladeau, the Globe and Mail ...
Apr 06, 2021
Top White House economist defends ‘care economy’ as infrastructure
By Andrea Shalal WASHINGTON (Reuters) - Top White House economist Cecilia Rouse on Tuesday defended President Joe Biden's plan to spend $400 billion on the "care economy" as a legitimate infrastructur...
Apr 06, 2021
Asia shares set for sluggish start after Wall Street retreats from record highs
By Chibuike Oguh (Reuters) - Asia equities are set for a sluggish open on Wednesday after Wall Street pulled back from record highs reached in previous sessions, as investors eye the upcoming earnings...
Apr 06, 2021
Samsung Electronics says first-quarter profit likely rose 44%, matching analysts’ estimate
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Samsung Electronics Co Ltd on Wednesday said first-quarter profit likely rose 44%, which analysts attributed to brisk sales of home appliances, smartph...
Apr 06, 2021
U.S. SEC charges actor with operating $690 million Ponzi scheme
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Tuesday it had charged actor Zachary Horwitz with operating a $690 million Ponzi scheme. (Reporting by Eric Beech; Editing by...
Apr 06, 2021
Amazon CEO Bezos, stung by wide criticism, endorses U.S. corporate tax hike
By David Shepardson WASHINGTON (Reuters) - Amazon.com Inc supports a hike in the U.S. corporate tax rate as part of an infrastructure overhaul, Jeff Bezos, chief executive of the largest U.S. retailer...
Apr 06, 2021
Facebook says data on 530 million users ‘scraped’ before September 2019
(Reuters) - Facebook Inc on Tuesday said a recently reported data leak affecting potentially 530 million users stemmed from a misuse of a feature in 2019 and that the company had plugged the hole afte...
Apr 06, 2021
‘Millionaires tax’ threat has some NY bankers, managers eyeing exits
By Svea Herbst-Bayliss BOSTON (Reuters) - For decades New York's bankers and fund managers have accepted the city's high tax rates as a part of working in the world's premier financial capital. But wi...
Apr 06, 2021
