Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Coca-Cola turns to 100% recycled plastic bottles in U.S.
(Reuters) - Coca-Cola Co will sell its popular sodas in bottles made from 100% recycled plastic material in the United States, the beverage maker said on Tuesday, in a major shift to combat plastic wa...
Feb 09, 2021
Reddit user claiming to be Tesla insider appeared to reveal bitcoin buy a month ago
By Bhargav Acharya (Reuters) - A Reddit user claiming to be a Tesla insider appeared to announce the carmaker's purchase of bitcoin a month ago, according to a January post on the platform that said t...
Feb 09, 2021
Exclusive: Ubben seeks $8 billion for new hedge fund amid talks with Exxon – sources
By Svea Herbst-Bayliss (Reuters) - Jeffrey Ubben, a hedge fund veteran in talks to join Exxon Mobil Corp's board, is seeking to raise as much as $8 billion for his new socially and environmentally con...
Feb 09, 2021
Exclusive: GM extends vehicle production cuts, begins parking incomplete cars due to global chip shortage
By Ben Klayman DETROIT (Reuters) - General Motors Co said on Tuesday it was extending production cuts at three global plants through at least mid-March and building but leaving incomplete vehicles at ...
Feb 09, 2021
Biden will ‘walk, not run’ on trade deals as Sino-U.S. tension lingers
By Divya Chowdhury (Reuters) - Sino-U.S. ties will stay tense as U.S. President Joe Biden is unlikely to rush into new deals with the world's second largest economy or reduce tariffs on China, even if...
Feb 09, 2021
Volkswagen explores flying cars in China
HAMBURG (Reuters) - Volkswagen is conducting a feasibility study in China about flying cars, Europe's biggest automaker said on Tuesday, joining a growing number of companies looking into the potentia...
Feb 09, 2021
Apple iPhone 12 mini sales slow as smaller smartphones lose appeal – report
By Subrat Patnaik (Reuters) - Apple Inc's iPhone 12 mini U.S. sales were just 5% of overall sales of its new phones during the first half of January, industry data provider Counterpoint said on Tuesda...
Feb 09, 2021
Eli Lilly CFO resigns after probe finds ‘inappropriate communication’ with employees
(Reuters) - Eli Lilly and Co said on Tuesday its Chief Financial Officer Josh Smiley resigned after an independent investigation found inappropriate personal communication with certain Lilly employees...
Feb 09, 2021
Stock futures slip after Wall Street ends at record highs
By Medha Singh (Reuters) - U.S. stock index futures dipped on Tuesday as investors moved to the sidelines a day after Wall Street closed at all-time highs with focus squarely on earnings reports and p...
Feb 09, 2021
Analysis: Mexican power bill seeks legal compromise for bruised investors
By Dave Graham MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador is gambling he can use a contentious new bill to cement public sector control of the electricity sector without inu...
Feb 09, 2021
