Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Gary Cohn to make donation instead of returning pay to Goldman after 1MBD scandal
WASHINGTON (Reuters) - Gary Cohn will make a charitable donation instead of giving back compensation to Goldman Sachs Group Inc as penance for the Wall Street bank's involvement in Malaysia's 1MDB sov...
Dec 10, 2020
U.S. consumer watchdog finalizes new mortgage rules
By Katanga Johnson WASHINGTON (Reuters) - The U.S. consumer watchdog on Thursday finalized two rules relaxing mortgage-lending requirements regarding a borrower's ability to repay, in a bid to boost t...
Dec 10, 2020
New U.S. clean energy trade group taps former Obama adviser as CEO
(Reuters) - A new U.S. clean energy trade group on Thursday named Heather Zichal, who coordinated climate change policies for the Obama White House, as its chief executive. The American Clean Power As...
Dec 10, 2020
Louis Camilleri, Ferrari CEO and Philip Morris chairman, retires from both roles
(Reuters) - Louis Camilleri, chief executive officer or Ferrari N.V. and executive chairman of tobacco giant Philip Morris International Inc is retiring from his roles at both companies effective imme...
Dec 10, 2020
Mexico same-store retail sales rise 2.6% y/y in November
MEXICO CITY (Reuters) - The members of Mexican retailers' association ANTAD said on Thursday that same-store sales rose by 2.6% in November versus the same month a year earlier. The figures reflect sa...
Dec 10, 2020
U.S. stock funds shed $7.7 billion, ending four-week inflow streak -Lipper
NEW YORK (Reuters) - U.S.-based equity funds posted a $7.7 billion net outflow in the latest week, ending a four-week streak of inflows, according to Lipper. Taxable bond funds attracted $5.4 billion ...
Dec 10, 2020
Broadcom names Kirsten Spears as CFO
(Reuters) -Broadcom Inc on Thursday appointed its principal accounting officer, Kirsten Spears, as chief financial officer, effective immediately. Spears replaced Tom Krause, who has been named as pre...
Dec 10, 2020
Costco’s revenue beats on strong food demand during pandemic
(Reuters) -Membership-only retail chain Costco Wholesale Corp beat market estimates for first-quarter revenue on Thursday as pandemic-wary consumers staying at home bought more frozen foods, liquor an...
Dec 10, 2020
Lululemon beats revenue estimates on home workout wear demand
(Reuters) -Lululemon Athletica Inc beat quarterly revenue estimates on Thursday, as customers spent more on yoga pants and athleisure apparel for home workouts during the COVID-19 pandemic. Robust dem...
Dec 10, 2020
Oracle beats quarterly profit estimates on cloud services boost
(Reuters) - Oracle Corp beat Wall Street estimates for second-quarter profit and revenue on Thursday, as remote work trends boosted cloud product and software licensing sales. The company beefed up it...
Dec 10, 2020
