Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Buffett upbeat on U.S. and Berkshire, buys back stock even as pandemic hits results
By Jonathan Stempel (Reuters) - Not even the coronavirus pandemic could dampen Warren Buffett's enthusiasm for the future prospects of America and his company Berkshire Hathaway Inc. Buffet used his a...
Feb 27, 2021
Berkshire Hathaway profit rises, helped by stock gains
(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Saturday said quarterly operating income rose 14%, while soaring prices of stock holdings such as Apple Inc led to a higher overall profit. Fourt...
Feb 27, 2021
Robinhood plans confidential IPO filing as soon as March: Bloomberg News
(Reuters) - Online brokerage Robinhood, at the centre of this year's retail trading frenzy, is planning to file confidentially for an initial public offering as soon as March, Bloomberg News reported ...
Feb 26, 2021
Wall Street Week Ahead: Investors weigh new stock leadership as broader market wobbles
By Lewis Krauskopf NEW YORK (Reuters) - A shakeup in stocks accelerated by the past week's surge in Treasury yields has investors weighing how far a recent leadership rotation in the U.S. equity marke...
Feb 26, 2021
IMF to propose ways to improve transparency of trade in SDR currency reserve
By Andrea Shalal WASHINGTON (Reuters) - The International Monetary Fund on Friday said it would propose ways to improve the transparency and accountability of how its Special Drawing Rights are used, ...
Feb 26, 2021
SoftBank reaches settlement with former WeWork CEO Neumann
(Reuters) - SoftBank Group Corp said on Friday it has reached a settlement with WeWork's special committee and the company's co-founder and former chief executive, Adam Neumann, putting to rest a lega...
Feb 26, 2021
UK’s Sunak warns of bill to be paid to tackle Britain’s ‘exposed’ finances – FT
(Reuters) - British finance minister Rishi Sunak will use the budget next week to level with the public over the "enormous strains" in the country's finances, warning that a bill will have to be paid ...
Feb 26, 2021
AMC Entertainment approves millions in bonuses to top execs
(Reuters) - AMC Entertainment Holdings has approved millions in bonuses to its top executives and eligible employees as a means to preserve stockholder value during the COVID-19 pandemic, the theater ...
Feb 26, 2021
Exclusive: European officials urge World Bank to exclude fossil-fuel investments – sources
By Kate Abnett and Andrea Shalal WASHINGTON (Reuters) - Senior officials from Europe have urged the World Bank's management to expand its climate change strategy to exclude investments in oil- and coa...
Feb 26, 2021
Citigroup revises earnings lower after losing Revlon case
By Imani Moise (Reuters) - Citigroup Inc said on Friday it recorded an additional $390 million in operating expenses in the 2020 fourth quarter after a federal judge ruled that it was not entitled to ...
Feb 26, 2021
