Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. bank regulator fines Wells Fargo’s former general counsel for role in sales scandal
WASHINGTON (Reuters) - A U.S. bank regulator has fined Wells Fargo's former general counsel, James Strother, for his role in the bank's wide-ranging sales scandal. The fine announced Friday by the Off...
Jan 15, 2021
U.S. holiday sales rise 8.3% in 2020 as stimulus checks boost spending: NRF
(Reuters) - U.S. holiday sales jumped 8.3% last year to record their best growth in at least 19 years, as consumers used their stimulus checks to splurge on gifts, the National Retail Federation (NRF)...
Jan 15, 2021
Fed’s Kashkari sees pandemic hampering activity through all of 2021
(Reuters) - Federal Reserve Bank of Minneapolis President Neel Kashkari on Friday gave more downbeat assessment of the outlook than some of his colleagues, saying he believes that Americans will still...
Jan 15, 2021
Dating app Bumble makes IPO filing public
(Reuters) - Dating app Bumble on Friday made public its regulatory filing for an initial public offering, as it looks to cash in on a record boom in capital markets. Bumble confidentially filed its IP...
Jan 15, 2021
Goldman Sachs to issue credit cards for General Motors
(Reuters) - Goldman Sachs Group Inc said on Friday it expects to become the issuing bank for automaker General Motors Co's credit card business, starting September this year. Media reports in October ...
Jan 15, 2021
U.S. imposes fresh sanctions on Iran in final days of Trump presidency
WASHINGTON (Reuters) - The United States on Friday imposed fresh sanctions on Iranian individuals and entities as Washington continues to step up pressure on Tehran in the final days of U.S. President...
Jan 15, 2021
EU trade official seeks tariff suspension to ease aircraft subsidy dispute
WASHINGTON (Reuters) - The European Union hopes to engage quickly with the Biden administration to resolve the long-running Boeing-Airbus subsidy dispute within six months, but wants to see both sides...
Jan 15, 2021
U.S. business inventories rise in November
WASHINGTON (Reuters) - U.S. business inventories increased in November, supporting expectations that inventory investment was likely the main driver of economic growth in the fourth quarter. Business ...
Jan 15, 2021
‘Spend as much as you can,’ IMF head urges governments worldwide
MOSCOW (Reuters) - Policymakers worldwide should embrace more spending to help revive their stuttering economies, the head of the International Monetary Fund said on Friday at Russia's annual Gaidar e...
Jan 15, 2021
EU working on digital tax, WTO reform proposals, trade official says
WASHINGTON (Reuters) - The European Union is working on a new proposal to try to resolve disputes with the United States over digital services taxes, EU Director General for Trade Sabine Weyand said o...
Jan 15, 2021
