Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Volkswagen looks at direct buying to secure scarce chips
By Jan Schwartz and Christoph Steitz HAMBURG (Reuters) - Volkswagen is looking into buying chip supplies directly from manufacturers, according to a company executive, as automakers battle a global se...
Syndicated Content Feb 02, 2021
Robinhood app downloads soar despite trading restrictions
By Krystal Hu (Reuters) - Robinhood's trading app recorded more downloads than any other U.S. trading app last week, despite concerns that its restrictions on transactions involving some heavily short...
Syndicated Content Feb 02, 2021
Fed policy is one factor in Reddit-fueled frenzy, U.S. central banker says
(Reuters) - The Federal Reserve's massive asset purchase program is one reason for the recent Reddit-fueled trading frenzy in stocks including Gamestop, Dallas Federal Reserve Bank President Robert Ka...
Syndicated Content Feb 02, 2021
Airlines flying blind into summer capacity sweepstake
By Laurence Frost and Sarah Young PARIS (Reuters) - European airlines buffeted by successive lockdowns have little idea what kind of summer to expect. But they must place their bets anyway. Time is sh...
Syndicated Content Feb 02, 2021
Young, confident, digitally connected – meet America’s new day traders
By Imani Moise and Medha Singh (Reuters) - James Villalobos, a communications consultant for an insurance company in New York, downloaded the Robinhood online brokerage app back in September. He was h...
Syndicated Content Feb 02, 2021
Alibaba beats quarterly revenue estimates
(Reuters) - China's Alibaba Group Holding Ltd beat Wall Street estimates for third-quarter revenue on Tuesday, as its e-commerce business benefited from a switch to online shopping triggered by the CO...
Syndicated Content Feb 02, 2021
Stock futures climb ahead of Amazon, Alphabet earnings; stimulus in focus
By Devik Jain and Medha Singh (Reuters) - U.S. stock index futures rose about 1% on Tuesday, building on the previous session's momentum, as investors anticipated strong results from Amazon and Google...
Syndicated Content Feb 02, 2021
Tesla to recall 134,951 U.S. vehicles under pressure from auto safety regulators
WASHINGTON (Reuters) - Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety regulators sought the recall last month, acc...
Syndicated Content Feb 02, 2021
Pfizer sees about $15 billion in 2021 sales from COVID-19 vaccine
(Reuters) - Pfizer Inc on Tuesday forecast sales of about $15 billion from the coronavirus vaccine that it is making along with German partner BioNTech. The company said it expects total 2021 revenue ...
Syndicated Content Feb 02, 2021
Analysis: GameStop saga expected to revive scrutiny of hedge fund industry
By Pete Schroeder and Chris Prentice WASHINGTON (Reuters) - With hedge funds at the center of market drama for the second time in less than 12 months, the GameStop saga is likely to expedite a regulat...
Syndicated Content Feb 02, 2021




