Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
UBS not in any talks on Orcel’s deferred pay: chairman
MILAN (Reuters) - UBS is not involved in any discussions over Italian banker Andrea Orcel's 55 million euro ($67 million) deferred pay package forfeited when he left the Swiss bank to join Santander, ...
Jan 28, 2021
U.S. shale ponders the unexpected: what to do with coming cash windfall?
By Jennifer Hiller HOUSTON (Reuters) - A sustained rise in global oil prices has U.S. shale producers pondering something few expected to be considering after last year's tumble: how to allocate risin...
Jan 28, 2021
U.S. new home sales miss expectations in December
WASHINGTON (Reuters) - Sales of new U.S. single-family homes rose less than expected in December, likely restricted by a jump in home prices. New home sales increased 1.6% to a seasonally adjusted ann...
Jan 28, 2021
U.S. spirits market ends 2020 on a high; tariffs take off some sheen: trade body
(Reuters) - Domestic consumption of distilled spirits in the United States rose sharply last year as people splurged on premium spirits, although American whiskey exports fell due to retaliatory tarif...
Jan 28, 2021
U.S. banking regulator freezes controversial ‘fair access’ rule
WASHINGTON (Reuters) - A U.S. banking regulator announced Thursday it was freezing a contentious new rule that would prohibit banks from refusing to lend to certain business types, a move that will al...
Jan 28, 2021
Analysis: SAP pitches cloud transformation to pandemic-hit customers
By Douglas Busvine and Nadine Schimroszik BERLIN (Reuters) - SAP says it is ready to lead customers into a cloud-based future, but the business software group may need all its powers of persuasion to ...
Jan 28, 2021
Lowe’s to hire over 50,000 workers, pay $80 million in bonuses
(Reuters) - Lowe's Cos Inc said on Thursday it would pay employees about $80 million in additional discretionary bonuses and also plans to hire more than 50,000 workers across its U.S. stores in the s...
Jan 28, 2021
German inflation roars back and hits 11-month high in Jan
BERLIN (Reuters) - German annual consumer prices turned positive and rose by far more than expected in January, the Federal Statistics Office said on Thursday, attributing a rise in sales tax and the ...
Jan 28, 2021
Facebook oversight board overrules company on most cases in first test
By Elizabeth Culliford (Reuters) - Deciding its first cases, Facebook Inc's oversight board ruled on Thursday that the social media company was wrong to remove four of five pieces of content the board...
Jan 28, 2021
Cryptocurrency crime drops in 2020 but ‘DeFi’ breaches rise, study finds
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Losses from cryptocurrency theft, hacks, and fraud fell 57% last year to $1.9 billion, as market participants boosted security systems, but crime in th...
Jan 28, 2021
