Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Two Sacklers behind OxyContin maker to appear before U.S. House panel – congressional memo
By Mike Spector (Reuters) - Two Sackler family members who previously served on the board of OxyContin maker Purdue Pharma LP have agreed to appear before a U.S. House of Representatives committee exa...
Dec 14, 2020
Volkswagen CEO set to survive power struggle – sources
FRANKFURT (Reuters) - A leadership crisis at Volkswagen is set to be defused by a compromise at a supervisory board meeting later on Monday, allowing Chief Executive Herbert Diess to stay in charge, t...
Dec 14, 2020
BlackRock raises tactical outlook on equities to “overweight”
LONDON (Reuters) - The BlackRock Investment Institute said on Monday it upgraded its 6-12 months asset class outlook on equities to "overweight". "We expect the restart to re-accelerate and rates to s...
Dec 14, 2020
Britain ready for any outcome to EU trade talks, health minister says
LONDON (Reuters) - Britain is ready for any outcome to trade talks with the European Union, Britain's health minister said on Monday, adding he hoped that the EU would move in negotiations in order to...
Dec 14, 2020
U.S. Chamber of Commerce tells Congress: Partial COVID relief package better than nothing
WASHINGTON (Reuters) - The U.S. Chamber of Commerce on Monday urged Congress to pass a limited COVID-19 relief package if there is not enough support for liability protection and state aid, warning te...
Dec 14, 2020
U.S. consumers uncertain about labor market, finances -New York Fed survey
(Reuters) - Americans remained uncertain in November over how they might fare financially as the U.S. economy heals from the coronavirus crisis, with consumers reporting mixed views on the labor marke...
Dec 14, 2020
Charles Schwab users face trade execution troubles – Downdetector
(Reuters) - Customers of financial services firm Charles Schwab Corp faced difficulties in executing trades on Monday, according to outage monitoring website Downdetector.com. Downdetector showed that...
Dec 14, 2020
EU parliament in wait-and-see mode on Brexit trade talks
By Marine Strauss BRUSSELS (Reuters) -The European Parliament is in wait-and-see mode on EU-UK trade negotiations, the head of the chamber said on Monday, adding the lawmakers will act on Brexit wheth...
Dec 14, 2020
Trump nominee takes seat at U.S. telecom regulator
WASHINGTON (Reuters) - A senior Trump administration official who helped lead a regulatory effort seeking to rein in social media companies was sworn in to the five-member Federal Communications Commi...
Dec 14, 2020
Biotech, pharma investments on VC radar in 2021 – PitchBook
(Reuters) - The two main areas for venture capitalist (VC) investment - technology and healthcare - have grown during the COVID-19 pandemic and investors have ample dry powder to direct money at biote...
Dec 14, 2020
