Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Shale producers see deep freeze hitting thousands of barrels of output
(Reuters) - Permian-focused shale producers Diamondback Energy Inc, Cimarex Energy Co and Occidental Petroleum Corp on Monday said their first-quarter oil output will be hit by a recent winter storm t...
Feb 22, 2021
Occidental Petroleum posts loss on asset sale
HOUSTON (Reuters) - Occidental Petroleum Corp posted a larger-than-expected loss of $731 million on Monday on an asset sale in the Permian Basin. The company reported fourth quarter financial results ...
Feb 22, 2021
Ten-year Treasury yield catching up to S&P 500 dividend
By Noel Randewich (Reuters) - A historically hefty advantage that the S&P 500 dividend yield has held over the benchmark U.S. Treasury note is on the verge of disappearing, a year after the collapse i...
Feb 22, 2021
Exclusive: Discount retailer Dollar General takes steps to find possible CEO successor – sources
By Jessica DiNapoli (Reuters) - Discount chain Dollar General Corp, one of the few U.S. retailers thriving during the COVID-19 pandemic, is taking steps to find a potential successor to Chief Executiv...
Feb 22, 2021
Apple users may spend more on non-gaming mobile apps by 2024 – report
(Reuters) - Apple Inc's customers may end up spending more on non-gaming mobile apps by 2024, data analytics firm SensorTower said on Monday, as lockdown lifestyles result in users looking beyond game...
Feb 22, 2021
Analysis: Vaccine rollout a shot in the arm for soaring sterling
By Tommy Wilkes and Ritvik Carvalho LONDON (Reuters) - Sterling looks set to extend its rally beyond $1.40, thanks to the pace of Britain's COVID-19 vaccine rollout and signs that investors are flocki...
Feb 22, 2021
U.S. House budget committee approves $1.9 trillion covid-19 aid bill
WASHINGTON (Reuters) - The U.S. House of Representatives budget committee approved Monday a bill with $1.9 trillion in coronavirus relief, backed by President Joe Biden. The measure passed the panel o...
Feb 22, 2021
Exclusive: Chilean miner Codelco says copper price spike will bolster war chest, raise costs
SANTIAGO (Reuters) - Chile's state-owned Codelco, the world's largest copper producer, views recent spike in the price of the red metal as a "good opportunity" to generate cash for investments and hol...
Feb 22, 2021
BoE’s Vlieghe does not expect to see rates at pre-2008 levels during his lifetime
LONDON (Reuters) - Bank of England policymaker Gertjan Vlieghe said on Monday that he did not expect British interest rates to return to levels common before the 2008 financial crisis during his lifet...
Feb 22, 2021
Sea’s Shopee to enter Mexico online market with app launch
MEXICO CITY (Reuters) - Shopee, the e-commerce arm of Southeast Asia's Sea Ltd, has launched an app for Mexico, where it plans to offer online sales in what would be its second market in the Americas,...
Feb 22, 2021
