Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Buy a car with bitcoin? Some car dealers were years ahead of Musk
By Hyunjoo Jin SAN FRANCISCO (Reuters) - Georgia car dealer Christopher Basha was way ahead of Elon Musk in embracing bitcoin as a currency for selling vehicles. Basha said he learned about cryptocurr...
Feb 09, 2021
Cisco beats quarterly revenue estimates
(Reuters) - Cisco Systems Inc on Tuesday beat quarterly revenue estimates, helped by robust demand for its networking and teleconferencing tools due to the pandemic-induced rise in remote working. The...
Feb 09, 2021
Barbie, Hot Wheels power Mattel’s holiday-quarter sales beat
(Reuters) - Mattel Inc beat estimates for quarterly sales on Tuesday as parents splurged on Barbie dolls and Hot Wheels cars for their children during a holiday season that was dulled by the COVID-19 ...
Feb 09, 2021
Twitter warns user growth to slow, beats sales and profit targets
By Elizabeth Culliford and Munsif Vengattil (Reuters) - Twitter Inc on Tuesday posted 27% user growth, missing Wall Street estimates, and warned this rate would slow in the upcoming quarters as a boos...
Feb 09, 2021
Senator Manchin urges Biden to reverse opposition to Keystone XL pipeline
WASHINGTON (Reuters) - The head of the U.S. Senate energy committee, Joe Manchin, on Tuesday urged President Joe Biden to reverse his opposition to the Keystone XL pipeline, saying the project provide...
Feb 09, 2021
Disney to pull the plug on animation studio behind ‘Ice Age,’ ‘Rio’ films
(Reuters) - Walt Disney Co is closing the animation studio behind film franchises "Ice Age" and "Rio" due to the COVID-19 pandemic's impact on the entertainment industry, the company said on Tuesday. ...
Feb 09, 2021
NYSE chief warns it may exit New York if stock transfer tax is imposed
NEW YORK (Reuters) - The New York Stock Exchange may leave New York State if Albany imposes a transfer tax on stock sales, the president of the Intercontinental Exchange Inc-owned exchange operator sa...
Feb 09, 2021
Brazil inflation slows in January, but 4.6% annual rate remains punchy
By Jamie McGeever BRASILIA (Reuters) - Monthly inflation in Brazil slowed in January as a sharp fall in electricity prices dragged down housing costs, official figures showed on Tuesday, but the annua...
Feb 09, 2021
Student loan servicer agrees to borrower relief in Massachusetts settlement
By Nate Raymond BOSTON (Reuters) - One of the largest U.S. student loan servicers has agreed to settle a lawsuit by Massachusetts' attorney general claiming its mishandling of thousands of loans under...
Feb 09, 2021
Cash flush Americans buying shares as pandemic limits spending options
WASHINGTON (Reuters) - Americans stuck at home and with more discretionary funds at their disposal but fewer spending options because of the COVID-19 pandemic are piling into the stock market and spru...
Feb 09, 2021
