Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ohio AG files to block FirstEnergy $102 million payout
(Reuters) - Ohio Attorney General Dave Yost said on Thursday he filed https://www.ohioattorneygeneral.gov/Files/Briefing-Room/News-Releases/2021-01-13-YOST-PI-Motion-for-FirstEnergy-Decoupli.aspx an i...
Jan 14, 2021
Trump administration unveils rules to protect telecoms supply chain; labels China an adversary
WASHINGTON (Reuters) - The Trump administration on Thursday labeled China, Iran, Russia, Cuba and North Korea as foreign adversaries as part of a new set of rules aimed at protecting the U.S. telecoms...
Jan 14, 2021
Trump administration issues interim rule on secure technology transactions
WASHINGTON (Reuters) - The U.S. Commerce Department on Thursday issued interim rules aimed at the securing the nation's communication and technology supply chain that would prohibit certain transactio...
Jan 14, 2021
Daimler to cut production over chip shortage: Handelsblatt
BERLIN (Reuters) - Daimler will cut production and reduce working hours at a second factory, the latest automaker to suffer from a global shortage of semiconductors, the Handelsblatt daily reported on...
Jan 14, 2021
Multinationals urge OECD to simplify cross-border tax plans
PARIS (Reuters) - An OECD blueprint for an overhaul of the rules on taxing businesses operating across borders is too complex and needs to be simplified to be workable, multinationals asked for feedba...
Jan 14, 2021
Commerzbank tells German lawmakers it was a victim of Wirecard fraud
BERLIN (Reuters) - A top manager at Commerzbank told German lawmakers on Thursday the bank was a victim of fraud surrounding the collapsed payments company Wirecard, as he laid out how the lender was ...
Jan 14, 2021
USTR says Austria, Spain, UK digital taxes discriminate against U.S. firms
WASHINGTON (Reuters) - The U.S. Trade Representative's office on Thursday said it has found that digital services taxes imposed by Austria, Spain and the United Kingdom discriminate against U.S. compa...
Jan 14, 2021
Exclusive: Wells Fargo close to deal with buyout firms for asset management business – sources
By Joshua Franklin and David French (Reuters) - Wells Fargo & Co is in exclusive talks to sell its asset management business, which manages more than $607 billion on behalf of customers, to a private ...
Jan 14, 2021
U.S. business formation tumbles 28.5% in fourth quarter
WASHINGTON (Reuters) - Applications to start new U.S. businesses plunged in the fourth quarter as COVID-19 continued to ravage the economy, supporting views that it could take years to recover the mil...
Jan 14, 2021
Exclusive: Toyota to settle U.S. probe into delayed emissions defect reports for $180 million – sources
WASHINGTON (Reuters) - Toyota Motor Corp will settle a Justice Department civil probe into its delayed filing of emissions-related defect reports for $180 million, sources briefed on the matter said. ...
Jan 14, 2021
