Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bank of Canada accelerates work on digital currency amid pandemic
Feb 10 (Reuters) - The COVID-19 pandemic has added urgency to the Bank of Canada's development of a digital currency and decision could come sooner than previously thought, a senior policymaker said o...
Feb 10, 2021
Twitter has thought about holding bitcoin, not decided yet: CNBC
(Reuters) - Twitter Inc has thought about whether to hold bitcoin on its balance sheet, but it has not made any changes yet, the social media platform's Chief Financial Officer Ned Segal told CNBC on ...
Feb 10, 2021
Robinhood, Melvin Capital, Citadel executives expected to testify in Congress on GameStop turmoil: sources
By Svea Herbst-Bayliss and Pete Schroeder (Reuters) - Executives from Robinhood, Melvin Capital and Citadel Securities are expected to testify before a House panel at a Feb. 18 hearing exploring tradi...
Feb 10, 2021
EU privacy agency urges more safeguards to curb U.S. tech giants
BRUSSELS (Reuters) - EU privacy watchdog EDPS on Wednesday backed the bloc's push to curb the power of Apple, Amazon, Alphabet unit Google and Facebook via new tough rules and suggested more safeguard...
Feb 10, 2021
Biden budget nominee would support raising minimum wage
WASHINGTON (Reuters) - Neera Tanden, President Joe Biden's nominee to head the U.S. Office of Management and Budget, said on Wednesday she would support raising the U.S. minimum wage, without giving a...
Feb 10, 2021
U.S. business formation surges in January
WASHINGTON (Reuters) - Applications to start new U.S. businesses jumped in January, suggesting economic activity was steadily picking again, although the coronavirus pandemic continues to pose a risk ...
Feb 10, 2021
COVID, climate, tax feature at first post-Trump G7 talks
By William Schomberg LONDON (Reuters) - The new administration of U.S. President Joe Biden joins international talks on the global economy this week with other rich nations expecting a decisive break ...
Feb 10, 2021
Credit Suisse loses final bid to block auditor appointment in spying saga
By Brenna Hughes Neghaiwi ZURICH (Reuters) - Credit Suisse has lost its final bid to block the auditor chosen by Swiss financial supervisor FINMA to scrutinise the bank's activities in a spying scanda...
Feb 10, 2021
U.S. December wholesale inventories revised higher
WASHINGTON (Reuters) - U.S. wholesale inventories increased more than initially thought in December, even as sales accelerated, government data showed on Wednesday. The Commerce Department said wholes...
Feb 10, 2021
U.S. consumer prices rise modestly; airline fares tumble
By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices rose moderately in January as an increase in the cost of gasoline was blunted by a slump in airline fares, suggesting inflation could rema...
Feb 10, 2021
