Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Analysis: After weathering February storm, junk bonds count on Fed protection
By Yoruk Bahceli (Reuters) - Junk bonds, the only fixed-income segment still offering positive returns this year, will continue their outperformance, according to investor bets the U.S. Federal Reserv...
Mar 05, 2021
U.S stock funds post $3.3 billion weekly outflow: Lipper
(Reuters) - U.S.-based stock funds in the week ended Wednesday posted $3.3 billion outflows, according to Lipper. U.S. taxable bond funds attracted $8.2 billion, the 11th straight weekly inflow and mo...
Mar 05, 2021
Take Five: Testing times
1/LITMUS TEST On February 25, as a mini-tantrum raged on bond markets, the U.S. Treasury auctioned $62 billion in 7-year notes - but investors, it would seem, forgot to show up. The lowest bid-cover r...
Mar 05, 2021
Reddit appoints Snap veteran Drew Vollero as CFO
(Reuters) - Reddit, the social media platform at the heart of the recent retail stock trading frenzy, said on Friday it had appointed Drew Vollero as its first chief financial officer. Vollero, who se...
Mar 05, 2021
Cryptocurrency trading volumes spike 17% in February: CryptoCompare
LONDON (Reuters) - Cryptocurrency trading volumes soared by 17% last month in the wake of Tesla's $1.5 billion bitcoin bet, with larger exchanges taking a growing share of the overall volumes, data sh...
Mar 05, 2021
Debate to begin in U.S. Senate on Biden’s $1.9 trillion COVID-19 relief bill
By Susan Cornwell and Makini Brice WASHINGTON (Reuters) - A sharply divided U.S. Senate will begin a contentious debate on Friday on a $1.9 trillion coronavirus aid bill that is President Joe Biden's ...
Mar 05, 2021
Exclusive: Instacart mulls direct listing in snub to IPOs – sources
By Joshua Franklin, Anirban Sen and Krystal Hu (Reuters) - U.S. grocery delivery app Instacart is considering going public through a direct listing, concerned that it could leave money on the table th...
Mar 05, 2021
Insurers rewrite business policies after pandemic legal tussles
By Alwyn Scott NEW YORK (Reuters) - U.S. insurers are strengthening language in policies that cover business losses to protect them from future claims related to the coronavirus pandemic or other wide...
Mar 05, 2021
UK has not breached Northern Ireland protocol: UK trade minister
LONDON (Reuters) - British trade minister Liz Truss said Britain had not breached the Northern Ireland protocol in the Brexit trade deal, something it has been accused of doing by the European Union w...
Mar 05, 2021
FTSE Russell says will delete Xiaomi from global indexes on U.S. order
SHANGHAI (Reuters) - Global index publisher FTSE Russell said on Friday it will omit Xiaomi Corp from its global and China indexes in line with a U.S. executive order from then-president Donald Trump....
Mar 05, 2021
