Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Western oil industry group sues Biden administration over federal drilling freeze
(Reuters) - The Western Energy Alliance oil industry group said on Wednesday it filed a lawsuit challenging U.S. President Joe Biden's executive order temporarily suspending oil and gas leasing on fed...
Jan 27, 2021
Next round of UK, Australia trade talks set for February: source
By Kanishka Singh (Reuters) - The next round of talks for a free trade agreement between Australia and Britain will take place in February after their trade ministers spoke last week, a source familia...
Jan 27, 2021
Reddit-fueled AMC rally gives Silver Lake $284 million gain
By Joshua Franklin (Reuters) - An unprecedented flood of bets by amateur investors may have cost Wall Street hedge funds billions of dollars on Wednesday, but one private equity firm was sitting prett...
Jan 27, 2021
Microsoft investigating Outlook issues for North America users
(Reuters) - Microsoft Corp is investigating an issue that is causing connectivity problems with its Outlook email app for users in North America, it said on Wednesday. (Reporting by Munsif Vengattil i...
Jan 27, 2021
U.S. Securities and Exchange Commission ‘actively monitoring’ volatility in equity markets
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Wednesday it was "aware of and actively monitoring" ongoing market volatility in options and equities markets, after a dramat...
Jan 27, 2021
AMC seizes on rally to sell stock, but misses even bigger payday
By Greg Roumeliotis (Reuters) - AMC Entertainment Holdings Inc said on Wednesday it had raised $304.8 million by selling shares during an unprecedented social media-driven rally in its stock, though t...
Jan 27, 2021
Apple tops Wall Street expectations on record iPhone revenue, China sales surge
By Stephen Nellis (Reuters) - Apple Inc on Wednesday reported holiday quarter sales and profits that beat Wall Street expectations, as new 5G iPhones helped push handset revenue to a new record and sp...
Jan 27, 2021
Whirlpool forecasts 2021 profit above estimates as demand up in pandemic
(Reuters) - Home appliances maker Whirlpool Corp on Wednesday forecast 2021 profit above expectations, as demand for its home appliances rose among people stuck at home due to the COVID-19 pandemic. D...
Jan 27, 2021
Tesla beats quarterly revenue estimates
(Reuters) - Tesla Inc on Wednesday beat Wall Street estimates for fourth-quarter revenue after trouncing 2020 deliveries earlier this month on a steady rise in electric vehicle demand. The company del...
Jan 27, 2021
Levi Strauss beats quarterly revenue estimates on online strength
(Reuters) - Denim maker Levi Strauss & Co beat analysts' estimates for quarterly revenue on Wednesday, as higher online sales cushioned the blow from a slump in store traffic due to the COVID-19 pande...
Jan 27, 2021
