Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Dollar’s bounce fades as risk appetite rises
By Tom Westbrook SINGAPORE (Reuters) - The dollar was headed for its worst week of the year on Friday, as investors cheered in the Joe Biden administration by buying riskier currencies and refreshed b...
Syndicated Content Jan 21, 2021
Alphabet shutting internet balloon venture Loon
OAKLAND, Calif. (Reuters) - Google parent Alphabet Inc announced on Thursday it is shutting down its internet balloon business Loon, saying "the road to commercial viability has proven much longer and...
Syndicated Content Jan 21, 2021
Asian markets set for messy open after U.S. stocks peak following Biden inauguration
By Jessica DiNapoli NEW YORK (Reuters) - Asian investors were expecting a mixed day of trading after Wall Street peaked on Thursday, pushed upward by continued optimism about economic stimulus to coun...
Syndicated Content Jan 21, 2021
China overtakes Germany with largest current account surplus-Ifo
By Michael Nienaber and Rene Wagner BERLIN (Reuters) - Germany's current account surplus shrank for the fifth year in a row in 2020 as China overtook Europe's biggest economy during the COVID-19 pande...
Syndicated Content Jan 21, 2021
Biden administration pauses federal drilling program in climate push
By Nichola Groom and Jennifer Hiller (Reuters) - President Joe Biden's administration has temporarily suspended oil and gas permitting on federal lands and waters in the latest of a series of rapid-fi...
Syndicated Content Jan 21, 2021
Ford to recall 3 million vehicles for air bags that could rupture
WASHINGTON (Reuters) - Ford Motor Co said on Thursday it will recall 3 million vehicles for air bag inflators that could rupture, at a cost of $610 million. The National Highway Traffic Safety Adminis...
Syndicated Content Jan 21, 2021
JPMorgan board holds CEO Dimon’s annual pay at $31.5 million
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon will not get a raise in his annual pay and will receive $31.5 million for his work in 2020, the bank said on Thursday. Dimo...
Syndicated Content Jan 21, 2021
Tesla bears suffer record short-sale loss in 2020: S3 Partners
By Chuck Mikolajczak NEW YORK (Reuters) - Short bets on Tesla Inc were the most unprofitable trade in 2020, as the electric automaker saw its shares surge over 740% en route to becoming the world's mo...
Syndicated Content Jan 21, 2021
IBM misses quarterly sales estimates, shares fall
(Reuters) - International Business Machines Corp missed Wall Street estimates for quarterly revenue on Thursday, hurt by a rare sales decline in its software unit as clients shied away from longer-ter...
Syndicated Content Jan 21, 2021
Intel forecasts first-quarter revenue, profit above estimate as PC chip sales see some recovery
By Stephen Nellis and Ayanti Bera (Reuters) - Intel Corp on Thursday forecast first-quarter revenue and profit above Wall Street expectations, continuing to benefit from high demand for laptops, PCs a...
Syndicated Content Jan 21, 2021
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