Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Gilead raises 2020 profit forecast
(Reuters) - Gilead Sciences Inc raised its full-year profit forecast on Monday, boosted by increased sales of COVID-19 treatment remdesivir, as hospitalization and treatment rates were higher than exp...
Jan 11, 2021
U.S. bank quarterly profits expected to fall again from pre-COVID levels
By David Henry NEW YORK (Reuters) - When the biggest U.S. banks begin reporting fourth-quarter results on Friday some of the headlines could show profits plunged by as much as 40% from a year earlier,...
Jan 11, 2021
U.S. small businesses to get more cash as pandemic loan program re-opens
By Michelle Price and Pete Schroeder WASHINGTON (Reuters) - The U.S. government on Monday was set to re-open its signature small business pandemic aid program with $284 billion in new funds and revamp...
Jan 11, 2021
TD Bank faces Stanford Ponzi scheme liquidators seeking $5.5 billion in trial
By Nichola Saminather TORONTO (Reuters) - Toronto-Dominion Bank will defend itself in a trial starting in a Canadian court on Monday in which liquidators of the collapsed Antigua bank of former Texas ...
Jan 11, 2021
U.S. Capitol siege heralds tougher social media curbs, says EU commissioner
BERLIN (Reuters) - The storming of the U.S. Capitol will herald an era of tougher social media regulation, European Union Commissioner Thierry Breton said, comparing the violence with the attacks of S...
Jan 11, 2021
UK shopper numbers down 27.1% last week as lockdowns hit -Springboard
LONDON (Reuters) - Total shopper numbers across British retail destinations fell 27.1% in the week to Jan. 9 versus the previous week, reflecting the impact of new national lockdowns to control the sp...
Jan 11, 2021
Smartphone shipments in China fell 20.4% in 2020: government data
SHANGHAI (Reuters) - Domestic smartphone shipments in China in 2020 fell 20.4% from the previous year, government data released on Monday showed, as the number of handsets delivered to consumers dropp...
Jan 11, 2021
SolarWinds hackers linked to known Russian spying tools, investigators say
By Jack Stubbs LONDON (Reuters) - The group behind a global cyber-espionage campaign discovered last month deployed malicious computer code with links to spying tools previously used by suspected Russ...
Jan 11, 2021
French resorts ask: will COVID write off whole ski season?
By Cecile Mantovani CHAMONIX, France (Reuters) - Business owners at France's Chamonix ski resort, their earnings slashed because of the COVID-19 lockdown, are worried they might not be able to welcome...
Jan 11, 2021
Twitter shares slump 8% in Germany after Trump account suspension
LONDON (Reuters) - Twitter's German-listed shares slumped 8% on the first trading day after it permanently suspended U.S. President Donald Trump's account late on Friday. The company said suspension o...
Jan 11, 2021
