Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
China’s Alibaba to shut down Xiami music app next month
BEIJING/SHANGHAI (Reuters) - Alibaba Group will close its music streaming platform Xiami Music next month, in a move that marks a step back from its ambitions to push into China's entertainment indust...
Jan 05, 2021
Volatility in U.S. stocks jumps as investors brace for Senate ‘blue sweep’
By April Joyner NEW YORK (Reuters) - Expectations for market gyrations are rising as investors face U.S. Senate runoffs in Georgia on Tuesday that will determine which party controls Congress, amid a ...
Jan 05, 2021
How shoe tycoon Steve Madden got back on his feet
By Cheryl Lu-Lien Tan NEW YORK (Reuters) - Steve Madden, founder and design chief of a multibillion-dollar eponymous shoe brand, knows something about being sanguine in a tough situation. In 2002, Mad...
Jan 05, 2021
NYSE says no longer intends to move forward with delisting 3 Chinese telcos
(Reuters) - The New York Stock Exchange said on Monday it no longer intends to move forward with the delisting of China Mobile Ltd, China Telecom Corp Ltd and China Unicom Hong Kong Ltd. The exchange,...
Jan 04, 2021
Last-minute White House decision opens more Arctic land to oil leasing
By Yereth Rosen ANCHORAGE, Alaska (Reuters) - U.S. President Donald Trump's administration announced on Monday that it has made final its plan to open up vast areas of once-protected Arctic Alaska ter...
Jan 04, 2021
Oil little changed as investors await OPEC+ decision
By Florence Tan SINGAPORE (Reuters) - Oil prices were little changed on Tuesday after OPEC and allied producers, including Russia, continued deadlocked talks on February output while fuel demand conce...
Jan 04, 2021
Dollar gets respite as virus surge, Georgia runoffs curb risk sentiment
By Kevin Buckland TOKYO (Reuters) - The dollar found support as concerns about surging COVID-19 cases and uncertainty about U.S. runoff elections in Georgia fueled demand for safer assets. The greenba...
Jan 04, 2021
Asian shares fall amid uncertainty about Georgia senate runoff
By Stanley White TOKYO (Reuters) - Asian shares edged lower on Tuesday amid uncertainty about Senate runoffs in Georgia, which could have a big impact on incoming U.S. President Joe Biden's economic p...
Jan 04, 2021
Fed’s Mester says monetary policy will remain accommodative for ‘quite some time’
(Reuters) - U.S. economic growth could surge later this year if most Americans are vaccinated against the coronavirus, but the gains would unlikely be enough for the Federal Reserve to pull back its s...
Jan 04, 2021
Drugmakers kick off 2021 with 500 U.S. price hikes
By Michael Erman NEW YORK (Reuters) - Drugmakers including Abbvie Inc and Bristol Myers Squibb raised U.S. list prices on more than 500 drugs to kick off 2021, according to an analysis by health care ...
Jan 04, 2021
