Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Boeing ‘inappropriately coached’ pilots in 737 MAX testing – U.S. Senate report
WASHINGTON (Reuters) - Boeing officials "inappropriately coached" test pilots during recertification efforts after two fatal 737 MAX crashes, according to a lengthy congressional report released on Fr...
Dec 18, 2020
Trump signs bill that could kick Chinese firms off U.S. stock exchanges
WASHINGTON (Reuters) - President Donald Trump on Friday signed legislation that would kick Chinese companies off U.S. stock exchanges unless they adhere to American auditing standards, the White House...
Dec 18, 2020
Fed sees ‘strong capital levels’ at banks after stress tests, greenlights share buybacks
By Pete Schroeder and David Henry WASHINGTON (Reuters) - The largest U.S. banks have enough capital to withstand over $600 billion in losses from a short sharp economic slump, as well as a moderate lo...
Dec 18, 2020
Hilcorp’s Harvest Alaska unit completes BP Alaska acquisition
(Reuters) - Privately held Hilcorp Energy Co said on Friday its unit completed a $5.6 billion acquisition of BP Plc's business in Alaska, taking over the region the British oil major had operated in f...
Dec 18, 2020
Nike quarterly revenue beats estimates, shares rise
(Reuters) - Nike Inc beat estimates for quarterly revenue on Friday, helped by a jump in online demand for sports shoes and apparel as more people engaged in fitness-related activities during the COVI...
Dec 18, 2020
Fed’s Clarida says current policy ‘exactly where we want it’
(Reuters) -Federal Reserve Vice Chair Richard Clarida on Friday said further fiscal support would help get the economy through what he expects to be a "rough" next couple of months as coronavirus case...
Dec 18, 2020
Coinbase picks Goldman Sachs to lead listing plans -source
(Reuters) - Cryptocurrency exchange Coinbase Inc has hired Goldman Sachs Group Inc to lead preparations for its planned stock market listing, a person familiar with the matter said on Friday. San Fran...
Dec 18, 2020
Fed’s Kaplan says will be time to pull back on bond buying when economic recovery is clear: WSJ
(Reuters) - Dallas Federal Reserve Bank President Robert Kaplan said he believes it will be time for the central bank to start pulling back on its bond-buying stimulus efforts when it is clear the eco...
Dec 18, 2020
Broad attack by hackers sets cyber experts worldwide scrambling to defend networks
By Jack Stubbs (Reuters) - Suspected Russian hackers who broke into U.S. government agencies also spied on less high-profile organizations, including groups in Britain, a U.S. internet provider and a ...
Dec 18, 2020
Cyber technology shares soar as security attacks pile up
By Sinad Carew (Reuters) - Shares in cyber security companies climbed rapidly on Friday as investors bet that a spate of cyber attack disclosures from entities such as Microsoft Corp would boost deman...
Dec 18, 2020
