Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Greensill Capital files for bankruptcy protection in New York
(Reuters) - British fund Greensill Capital on Thursday filed for Chapter 11 bankruptcy protection in New York, days after it filed for insolvency in Britain. Greensill began to unravel earlier this mo...
Mar 25, 2021
Twitter’s Dorsey called out for trolling Congress during hearing
By Elizabeth Culliford (Reuters) - Twitter CEO Jack Dorsey tweeted his frustration with U.S. lawmakers' questions on the social media platform during a hearing about misinformation on Thursday, leadin...
Mar 25, 2021
U.S. Supreme Court rules against Ford in product liability venue dispute
By David Shepardson WASHINGTON (Reuters) - The U.S. Supreme Court on Thursday unanimously ruled against Ford Motor Co in a case in which the second-largest U.S. automaker had sought to bar two state c...
Mar 25, 2021
Musk’s anti-union tweet should be deleted, says Labor Board
(Reuters) - Tesla Inc Chief Executive Officer Elon Musk's 2018 tweet threatening employees would lose their stock options if they formed a union was illegal and should be deleted, the U.S. National La...
Mar 25, 2021
Citron Research’s Left says auto insurer Root is misunderstood
By Svea Herbst-Bayliss BOSTON (Reuters) - Auto insurer Root Inc, whose stock price tumbled more than 50% since its public listing late last year, is a bargain that is currently misunderstood by invest...
Mar 25, 2021
Ford idles F-150 truck plant through Sunday due to global chip shortage
DETROIT (Reuters) - Ford Motor Co said on Thursday it will idle production of its highly profitable F-150 pickup truck at a plant in Michigan through Sunday due to the global semiconductor chip shorta...
Mar 25, 2021
Thiele family to remain major Lufthansa shareholders: sources
FRANKFURT (Reuters) - The Thiele family will remain major shareholders in German airline Lufthansa following the death of Heinz Hermann Thiele, two people with knowledge of the matter said on Thursday...
Mar 25, 2021
Fed to lift restrictions on bank dividends, share buybacks for ‘most firms’ after June stress test
WASHINGTON (Reuters) - The U.S. Federal Reserve announced on Thursday it would likely remove income-based restrictions on bank dividends and share buybacks for "most firms" after its June stress tests...
Mar 25, 2021
Exclusive: U.S. government software vendors must disclose breaches under planned executive order – sources
SAN FRANCISCO (Reuters) - A planned executive order on cybersecurity for the U.S. government will require many software vendors to notify federal customers when they have been breached, according to p...
Mar 25, 2021
Exclusive: Robinhood aims to allow users to buy into IPOs – sources
By David French and Anirban Sen (Reuters) - Robinhood Markets Inc is building a platform to "democratize" initial public offerings (IPOs), including its own, that would allow users of its trading app ...
Mar 25, 2021
