Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Apple positioned to offer cryptocurrencies: RBC report
(Reuters) - Apple Inc has a "clear opportunity" to offer a buying and selling mechanism for cryptocurrencies, a move that would allow the company to immediately gain market share, according to a resea...
Feb 08, 2021
Mall landlord Simon Property forecasts rise in annual profit
(Reuters) - Simon Property Group Inc forecast higher full-year profit on Monday as improving store traffic at brick-and-mortar retailers helped drive a rise in the largest U.S. mall owner's rent colle...
Feb 08, 2021
Take-Two hikes sales forecast on lockdown-led videogame boost
(Reuters) - Take-Two Interactive Software Inc on Monday raised annual adjusted sales targets on sustained demand for its top franchises, "NBA 2K" and "Grand Theft Auto", as COVID-19 curbs continue to ...
Feb 08, 2021
Explainer: What rising bond yields mean for markets
By Kate Duguid NEW YORK (Reuters) - Yields on U.S. Treasuries are rising again, as expectations of an economic rebound pushed the 30-year yield above 2% on Monday for the first time since the pandemic...
Feb 08, 2021
Uber and Lyft’s long wait for a rebound in demand signals slow economic recovery
By Tina Bellon and Akanksha Rana (Reuters) - With the pandemic still suppressing ridesharing demand, Wall Street is keen to know how soon Uber Technologies Inc and Lyft Inc expect a rebound and how th...
Feb 08, 2021
Fed to weave ‘inescapable’ climate change risk into bank oversight
SAN FRANCISCO (Reuters) - The U.S. Federal Reserve is beginning to incorporate the impacts of global warming into its regulatory writ, following in the footsteps of its global peers, according to a pa...
Feb 08, 2021
Goldman appoints Swati Bhatia, David Stark to lead roles in consumer banking
(Reuters) - Goldman Sachs Group Inc on Monday appointed former PayPal executive Swati Bhatia and insider David Stark to leadership roles in its consumer banking unit, according to a memo seen by Reute...
Feb 08, 2021
Exclusive: EU’s Vestager warns Apple to treat all apps equally amid privacy dispute
By Foo Yun Chee BRUSSELS (Reuters) - Europe's antitrust chief, Margrethe Vestager, has warned Apple Inc to give equal treatment to all apps on its platform amid the iPhone maker's privacy changes that...
Feb 08, 2021
Fed’s Barkin says U.S. economy still needs support: FT
(Reuters) - Richmond Federal Reserve President Thomas Barkin told the Financial Times https://on.ft.com/3p2FEpe newspaper the U.S. economy still needed support despite fears of a jump in prices. Barki...
Feb 08, 2021
EU economy to rally in second-quarter as vaccine roll-out accelerates: EU executive
By Jan Strupczewski and Philip Blenkinsop BRUSSELS (Reuters) - Europe's economy is likely to rally in the second quarter as an acceleration in COVID-19 vaccine roll-out allows governments to gradually...
Feb 08, 2021
