Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

BRASILIA (Reuters) - The board of Brazil's state-run oil company Petrobras on Tuesday authorized an extraordinary shareholder meeting to begin the process of replacing Chief Executive Roberto Castello...

By Howard Schneider WASHINGTON (Reuters) - In a congressional hearing dominated by talk of the pandemic and what may be needed to heal the economy from its effects, Fed Chair Jerome Powell on Tuesday ...

(Reuters) - GameStop Chief Financial Officer Jim Bell will resign on March 26, the video game retailer said on Tuesday, with the departure coming weeks after big bets by individual investors triggered...

By Lisa Baertlein (Reuters) - As Home Depot heads into its busy spring project season - when shoppers build backyard decks and buy patio furniture - it is tangling with surging costs for goods and tra...

SAN FRANCISCO (Reuters) - Lucid Motors Chief Executive Officer Peter Rawlinson told Reuters on Tuesday that the luxury electric car maker plans to launch a rival to Tesla Inc's Model 3 in 2024 or 2025...

By Ann Saphir (Reuters) - With a heated political debate underway over the Biden administration's $1.9 trillion proposed pandemic relief package, it was entirely predictable that U.S. lawmakers would ...

By Thomas Escritt BERLIN (Reuters) - German braking systems maker Knorr-Bremse said its majority shareholder Heinz Hermann Thiele, who shaped the company since buying it from his then-employer in 1985...

(Reuters) - Billionaire Elon Musk's SpaceX has raised about $850 million in equity financing, the private rocket launch service said in a regulatory filing on Tuesday. The private space company had ra...

BOSTON (Reuters) - Activist investment firm Jana Partners has nominated directors to the board of life sciences company Laboratory Corp of America Holdings, including Edwin "Mac" Crawford, who has a r...

WASHINGTON (Reuters) - The U.S. Postal Service said Tuesday it would award a multi-billion-dollar, 10-year contract to Oshkosh Defense to manufacture a new generation of postal delivery vehicles. Unde...