Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
JetBlue pilots reject tentative agreement for American Airlines partnership
By Tracy Rucinski (Reuters) - JetBlue Airways Corp pilots have rejected a tentative agreement that would have given the airline contractual relief to implement its planned partnership with American Ai...
Syndicated Content Feb 16, 2021
Longtime La-Z-Boy CEO Darrow to retire, CFO to take helm
(Reuters) - La-Z-Boy Inc said on Tuesday Chief Executive Kurt Darrow will retire in April and will be replaced by finance chief Melinda Whittington. Darrow, who has led the firm for 17 of his 40 years...
Syndicated Content Feb 16, 2021
Boeing backs Trump EPA airplane emissions standards amid Biden review
WASHINGTON (Reuters) - Boeing Co on Tuesday backed the Environmental Protection Agency's (EPA) decision to finalize the first-ever standards regulating greenhouse gas emissions from airplanes issued u...
Syndicated Content Feb 16, 2021
Continental Resources posts wider loss on higher expenses
(Reuters) - U.S. shale producer Continental Resources Inc's loss in the fourth quarter widened compared with the third as expenses rose, even as crude prices recovered from pandemic-led lows. The comp...
Syndicated Content Feb 16, 2021
Buffett’s Berkshire reveals big stakes in Verizon, Chevron
(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Tuesday announced two major new investments, revealing an $8.6 billion stake in the phone company Verizon Communications Inc and a $4.1 billion s...
Syndicated Content Feb 16, 2021
AIG fourth-quarter profit tops target; virus, disaster, derivatives weigh on results
NEW YORK (Reuters) - Insurer American International Group Inc posted a net loss of $60 million in the fourth quarter, mainly due to a $1.2 billion loss from derivatives, the company said on Tuesday, b...
Syndicated Content Feb 16, 2021
Handful of hedge funds bet big on GameStop before its wild ride
By David Randall and Svea Herbst-Bayliss NEW YORK (Reuters) - A handful of small hedge funds were in a position to profit from the Reddit rally that sent shares of GameStop Corp and other out-of-favor...
Syndicated Content Feb 16, 2021
15 states sue U.S. agency over delayed hike in automaker emissions penalties
WASHINGTON (Reuters) - Fifteen 15 U.S. states on Tuesday sued the National Highway Traffic Safety Administration (NHTSA) after it agreed last month under then-President Donald Trump to an auto industr...
Syndicated Content Feb 16, 2021
Exclusive: Some Kraft Heinz, Conagra product prices may rise as raw materials costs surge
By Richa Naidu and Siddharth Cavale CHICAGO (Reuters) - Kraft Heinz Co and Conagra Brands Inc said they may choose to raise prices this year on some products that use wheat, sugar and other commoditie...
Syndicated Content Feb 16, 2021
Chip shortage could impact nearly 1 million vehicles of production in first quarter – IHS
WASHINGTON (Reuters) - A shortage of auto semiconductor chips could impact nearly 1 million units of global light vehicle production in the first quarter, data firm IHS Markit said on Tuesday, signifi...
Syndicated Content Feb 16, 2021
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