Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. House’s Hoyer: House in near future to take up bill to raise minimum wage to $15
WASHINGTON (Reuters) - House Majority Leader Steny Hoyer said Tuesday the U.S. House of Representatives will take up legislation "in the near future" to raise the minimum wage to $15 over five years, ...
Mar 02, 2021
Mexico sees no need for drastic oil exports cuts as sales remain firm: PMI
By Marianna Parraga (Reuters) - Mexico does not see the need to reduce its oil exports, as many Latin American producers did last year, because demand and pricing for its flagship crude remains firm, ...
Mar 02, 2021
ADNOC CEO says low-cost oil will remain central to the fuel mix
By Jessica Resnick-Ault NEW YORK (Reuters) - Low-cost oil will be needed even as the world is in an energy transition, Sultan Ahmed Al Jaber, chief executive of Abu Dhabi National Oil Company (ADNOC) ...
Mar 02, 2021
Pioneer CEO sees ‘very little growth’ in U.S. oil production
NEW YORK (Reuters) - U.S. oil production will likely see "very little growth" in the future after remaining largely flat in 2021 at around 11 million barrels a day, Scott Sheffield, Pioneer Natural Re...
Mar 02, 2021
How private equity squeezes cash from the dying U.S. coal industry
By Tim McLaughlin BOSTON (Reuters) - Private equity firms are proving there's still plenty of profit in the U.S. coal industry despite a decade of falling demand for the fossil fuel. They are spending...
Mar 02, 2021
U.S. shale output won’t return to pre-pandemic levels: Occidental CEO
NEW YORK (Reuters) - The oil industry is recovering from a collapse in demand triggered by the coronavirus pandemic, but U.S. shale production will not recover to levels seen before the pandemic, Occi...
Mar 02, 2021
U.S. Treasury names climate economist, tax partner to senior posts
WASHINGTON (Reuters) - The U.S. Treasury named new staff to senior tax and economic posts on Tuesday, including University of California-Berkeley professor Catherine Wolfram as deputy assistant secret...
Mar 02, 2021
Analysis: U.S. bond derivatives signal calm, but economic fundamentals could spur more sell-offs
By Kate Duguid and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - After a sharp sell-off last week U.S. Treasury debt has stabilized, with bond market indicators and derivatives positioning pointing to...
Mar 02, 2021
Column: Global manufacturing surge accelerates goods inflation – Kemp
By John Kemp LONDON (Reuters) - Global manufacturing activity is surging as government support programmes and low interest rates protect consumers' incomes while restrictions on leisure travel and oth...
Mar 02, 2021
Ireland’s AIB buys back Goodbody Stockbrokers for 138 million euros
DUBLIN (Reuters) - Allied Irish Banks bought back Goodbody Stockbrokers for 138 million euros ($166.2 million) on Tuesday, more than five times the price it was forced to sell the financial services f...
Mar 02, 2021
