Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Daimler 2020 operating profit beats guidance and forecasts
FRANKFURT (Reuters) - Daimler said on Thursday that a strong fourth quarter helped it post better-than-expected 2020 group operating profit and that it was optimistic for 2021. Group earnings before i...
Jan 28, 2021
With vaccinations rising, U.S. economy remains in the waiting room
By Howard Schneider WASHINGTON (Reuters) - U.S. policymakers are touting the gradual rise in the number of people who have received a coronavirus vaccination as the beginning of the end of the economy...
Jan 28, 2021
Exclusive: U.S. oil industry seeks unusual alliance with Farm Belt to fight Biden electric vehicle agenda
By Jarrett Renshaw and Stephanie Kelly NEW YORK (Reuters) - The U.S. oil industry is seeking to forge an alliance with the nation's corn growers and biofuel producers to lobby against the Biden admini...
Jan 28, 2021
Power to the players: Wall Street levels up in Reddit rally
By Matt Scuffham and Jessica DiNapoli NEW YORK (Reuters) - Wall Street was contemplating big wins from the Reddit-fueled retail frenzy in stocks such as GameStop on Thursday, even though many hedge fu...
Jan 28, 2021
Sustainable fund assets hit record $1.7 trln in 2020: Morningstar
By Simon Jessop and Elizabeth Howcroft LONDON (Reuters) - Demand to invest in funds which focus on environmental, social and governance (ESG) issues jumped in 2020, driving assets under management up ...
Jan 28, 2021
Apple’s Tim Cook criticizes social media practices, intensifying Facebook conflict
By Stephen Nellis (Reuters) - Apple Inc Chief Executive Officer Tim Cook on Thursday criticized polarization and misinformation on social media, intensifying a conflict between the iPhone maker and Fa...
Jan 28, 2021
American Airlines says flights on regional carrier PSA temporarily grounded
(Reuters) - American Airlines said on Thursday its regional carrier PSA has temporarily removed most of its aircraft from service and it is rebooking passengers while it works with the Federal Aviatio...
Jan 28, 2021
WeWork in talks to go public through SPAC deal: WSJ
(Reuters) - Office-sharing startup WeWork is in talks to go public through a merger with a special purpose acquisition company (SPAC), the Wall Street Journal reported https://www.wsj.com/articles/wew...
Jan 28, 2021
“GameStop effect” could ripple further as Wall Street eyes short squeeze candidates
By April Joyner and Saqib Iqbal Ahmed NEW YORK (Reuters) - The clash between retail traders and Wall Street professionals that sparked roller coaster rides in the shares of GameStop Corp may pose a ri...
Jan 28, 2021
French, U.S. finance chiefs agree to push cross-border tax reform
PARIS (Reuters) - French Finance Minister Bruno Le Maire and his new U.S. counterpart Janet Yellen agreed on Thursday to seek an international agreement on new rules for taxing multinational businesse...
Jan 28, 2021
