Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Boeing to delay 777X again as it posts record annual loss
By Eric M. Johnson and Ankit Ajmera (Reuters) - Boeing Co posted a record $12 billion annual loss on Wednesday as it delayed its all-new 777X jet again and booked a $6.5 billion charge for the program...
Jan 27, 2021
JPMorgan to launch UK consumer bank within months
LONDON (Reuters) - JPMorgan will launch its digital consumer bank in Britain under its Chase brand within months, the US banking giant said on Wednesday. The bank said the new business had already rec...
Jan 27, 2021
Silicon Valley venture capital firm TCV raises $4 billion for latest fund
By Jane Lanhee Lee (Reuters) - Silicon Valley venture capital firm TCV said on Wednesday it raised $4 billion for its 11th fund, the biggest fund in its 25-year history, after many of the portfolio co...
Jan 27, 2021
Wall Street expects near-record iPhone sales despite delay, shut Apple stores
By Stephen Nellis (Reuters) - During the last three months of 2020, Apple Inc delivered its flagship iPhone 12 model weeks later than normal iPhone debuts and shuttered some of its stores due to the p...
Jan 27, 2021
Facebook investors, shrugging off election woes, look for ‘social commerce’ payday
By Katie Paul PALO ALTO (Reuters) - Facebook Inc may face questions about fallout from U.S. election controversies when it posts earnings on Wednesday, but top of mind for investors is a less politica...
Jan 27, 2021
AT&T quarterly postpaid phone additions jump on 5G boost
(Reuters) - AT&T Inc said on Wednesday it added more postpaid phone subscribers than expected during the fourth quarter, helped by an uptick in demand for its 5G services as people continued to work f...
Jan 27, 2021
Boeing 737 MAX safe to return to service in Europe, regulator says
PARIS (Reuters) - Boeing's 737 MAX airliner is safe to return to service in Europe, the European Union Aviation Safety Agency (EASA) said on Wednesday, lifting a 22-month flight ban after two crashes ...
Jan 27, 2021
Business jet prices seen as stabilizing in 2021 after year-end order blitz
By Allison Lampert and Ankit Ajmera (Reuters) - Preowned business jet prices are seen stabilizing in 2021, boosted by a December blitz of orders, after COVID-19 depressed demand and pricing last year,...
Jan 27, 2021
Fed on hold as officials weigh pandemic against vaccines, fiscal support
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected to keep U.S. monetary policy locked in crisis-fighting mode at its meeting ending on Wednesday as policymakers assess an econ...
Jan 27, 2021
GameStop stock doubles again with no let-up in amateur interest
(Reuters) - Shares of videogame retailer GameStop Corp surged another 130% on Wednesday in pre-market trading as amateur investors continued to pile into the stock that has skyrocketed nearly 700% ove...
Jan 27, 2021
