Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Reddit forums turn to cannabis sector as stocks hit new highs
By Shariq Khan (Reuters) - Shares in cannabis companies surged on Wednesday, extending a months-long rally due to bets on decriminalization under the Biden administration, as the Reddit community behi...
Syndicated Content Feb 10, 2021
U.S. consumer prices increase steadily in January
WASHINGTON (Reuters) - U.S. consumer prices rose moderately in January and underlying inflation remained benign as the pandemic continues to be a drag on the labor market and services industry. The La...
Syndicated Content Feb 10, 2021
Europe will need fiscal help into 2022: Lagarde
FRANKFURT (Reuters) - Euro zone states must keep fiscal spending up this year and into 2022 to protect the bloc from permanent damage caused by the coronavirus pandemic, European Central Bank Presiden...
Syndicated Content Feb 10, 2021
Global short-bias funds lag in price performance this year
(Reuters) - Global mutual funds and exchange-traded funds (ETFs) that have net short positions in assets including stocks and commodities are the worst performers this year, according to Refinitiv dat...
Syndicated Content Feb 10, 2021
LVMH, Rihanna close Fenty luxury fashion line
MILAN (Reuters) - Louis Vuitton owner LVMH and music star Rihanna have agreed to close her fashion line Fenty less than two years after its launch, the French luxury goods giant said on Wednesday. LVM...
Syndicated Content Feb 10, 2021
TikTok sale to Walmart, Oracle takes back seat as Biden reviews security: WSJ
(Reuters) - Oracle Corp and Walmart Inc's plan to buy TikTok's U.S. operations has been pushed back indefinitely, as President Joe Biden reviews Donald Trump's efforts to address potential security ri...
Syndicated Content Feb 10, 2021
North Dakota oil prices surge and output stalls as pipeline’s fate awaited
By Laila Kearney and Devika Krishna Kumar (Reuters) - Crude prices in North Dakota's Bakken shale region have surged to their highest levels in about six months as producers in the region rein in outp...
Syndicated Content Feb 10, 2021
Stock futures hit record highs ahead of inflation data, Fed chair speech
By Devik Jain and Medha Singh (Reuters) - U.S. stock futures hit record highs on Wednesday, powered by bets of more fiscal aid, while investors looked to inflation data and a speech by Federal Reserve...
Syndicated Content Feb 10, 2021
Coca-Cola quarterly revenue falls 5% on new pandemic restrictions
(Reuters) - Coca-Cola Co reported a 5% fall in quarterly revenue on Wednesday, as fresh pandemic curbs closed the doors of the soda maker's biggest sales drivers, such as restaurants, cinemas and spor...
Syndicated Content Feb 10, 2021
Elon Musk wants clean power. But Tesla’s carrying bitcoin’s dirty baggage
By Anna Irrera and Tom Wilson LONDON (Reuters) - Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker's backing of bitcoin this week could turbo-charge global use...
Syndicated Content Feb 10, 2021
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