Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
EU leaders unblock EU budget, recovery fund in deal with Poland, Hungary
BRUSSELS (Reuters) - European Union leaders unblocked on Thursday a 1.8 trillion euro financial package to help the economy recover from the pandemic-induced recession after reaching a compromise with...
Dec 10, 2020
‘You have to be realistic’: France prepares fishermen for the worst over Brexit
By Michel Rose PARIS (Reuters) - France will compensate its fishermen or teach them new skills if there is a collapse in talks for a post-Brexit trade deal that threatens their livelihoods, a minister...
Dec 10, 2020
U.S. household wealth, cash balances, rose through September despite pandemic
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - The wealth of U.S. households hit a record $123.5 trillion in September as rising stock and home values and an accumulating buffer of cash def...
Dec 10, 2020
Banks face four more years of lower profits in pandemic aftermath – report
By David Henry NEW YORK (Reuters) - Most banks around the world could face four more years of depressed profits in the aftermath of the COVID-19 pandemic, consulting firm McKinsey & Co said in a repor...
Dec 10, 2020
Santa takes a back seat to COVID vaccine, UPS, FedEx officials say
By Lisa Baertlein LOS ANGELES (Reuters) - United Parcel Service and FedEx Corp plan to deliver millions of doses of COVID-19 vaccines before holiday gifts - giving them VIP handling that includes GPS ...
Dec 10, 2020
Apple CEO Tim Cook to speak at U.N. summit on anniversary of Paris climate accords
(Reuters) - Apple Inc Chief Executive Officer Tim Cook plans to deliver remarks at the United Nations' Climate Ambition Summit on Dec. 12, the company confirmed on Wednesday. The summit is being held ...
Dec 10, 2020
No December thaw for frozen U.S. recovery as virus rages, stimulus talks stall
By Howard Schneider WASHINGTON (Reuters) - The explosive spread of the coronavirus weighed further on the U.S. economic recovery over the past week, with high frequency measures of employment, retail ...
Dec 10, 2020
Alkermes lifts shares with plan after Elliott pressure
By Svea Herbst-Bayliss BOSTON (Reuters) - Biopharmaceutical company Alkermes responded to pressure from activist investment firm Elliott Management on Thursday with a broad plan designed to boost retu...
Dec 10, 2020
Bank of England relaxes COVID curbs on bank dividends and bonuses
By Huw Jones LONDON (Reuters) - Britain's banks can resume paying some dividends and bonuses as they appear well capitalised and resilient to any further fall-out from the coronavirus pandemic, the Ba...
Dec 10, 2020
U.S. withheld evidence in ex-Goldman banker’s 1MDB Malaysia corruption case, lawyer claims
By Jonathan Stempel NEW YORK (Reuters) - A lawyer for a former Goldman Sachs banker charged with involvement in the looting of billions of dollars from Malaysia's 1MDB sovereign wealth fund accused U....
Dec 10, 2020
