Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Amazon faces class-action lawsuit over eBook pricing
(Reuters) - Amazon.com Inc was slapped with a class-action lawsuit on Thursday accusing the e-commerce giant of inflating the prices of ebooks in collusion with some publishers. The lawsuit alleges th...
Jan 14, 2021
Oil mixed as Chinese lockdowns raise demand questions
TOKYO (Reuters) - Oil prices were mixed on Friday as strong import data from China, the world's biggest crude importer, that boosted sentiment earlier ran into concerns about Chinese cities in lockdow...
Jan 14, 2021
China’s lockdown-wary cities urge migrant workers to avoid New Year trip home
By Stella Qiu and Gabriel Crossley BEIJING (Reuters) - Fearing COVID cases, lost profits and possible lockdowns, China's local governments and humming factories are offering a slew of incentives to pe...
Jan 14, 2021
Asia shares inch up as U.S. stimulus hopes boost sentiment
NEW YORK (Reuters) - Asian shares rose on Friday, brushing off a late Wall Street dip as expectations of large U.S. stimulus under President-elect Joe Biden shored up sentiment while oil prices perked...
Jan 14, 2021
New York City’s FY 2022 budget gap grows to $5.25 billion
(Reuters) - A decline in property tax revenue related to the ongoing coronavirus pandemic has punched a bigger hole in the upcoming budget for New York City, which needs Democrats in control of the Wh...
Jan 14, 2021
Analysis: Biden’s $1.9 trillion rescue package offers bridge for hard-hit economy
By Ann Saphir (Reuters) - U.S. President-elect Joe Biden's proposal to pour $1.9 trillion into a hobbled economy could lay the foundation for a surge in jobs and spending that many economists say is n...
Jan 14, 2021
Heir to South Korea’s Samsung faces day of reckoning after four years of graft trial
By Joyce Lee SEOUL (Reuters) - A South Korean court will sentence Samsung Electronics Co Ltd heir Jay Y. Lee on a bribery charge on Monday, a ruling likely to have ramifications not just for his compa...
Jan 14, 2021
Legal industry leaders outline obstacles for diversity in the law
By Sara Merken (Reuters) - A trio of legal industry leaders, including a senior California judge and a top lawyer at Microsoft Corp, said on Thursday that improving diversity in the profession will re...
Jan 14, 2021
Startup fund Y Combinator increases global reach, diversity of entrepreneurs
By Jane Lanhee Lee (Reuters) - Y Combinator, Silicon Valley's prominent incubator and startup fund, has half of its latest class of entrepreneurs from outside of the United States, more than ever befo...
Jan 14, 2021
New COVID-19 test rules create hurdles for tourist-heavy Caribbean
By Allison Lampert and Tracy Rucinski (Reuters) - Caribbean tourism officials are rushing to increase COVID-19 testing capacity after the United States became the latest country to require nearly all ...
Jan 14, 2021
