Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
GE agrees to pay $200 million penalty for disclosure violations: SEC
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Wednesday that General Electric Co has agreed to pay a $200 million penalty to settle charges for disclosure failures in its ...
Dec 09, 2020
World Bank boosts target for climate-friendly financing to 35% over five years
WASHINGTON (Reuters) - The World Bank on Wednesday said it was setting a new five-year target for 35% of its financing, on average, to have climate "co-benefits," up from a 28% target for the previous...
Dec 09, 2020
U.S. ITC delays decision on LG Chem, SK Innovation trade secret case
WASHINGTON/SEOUL (Reuters) - The United States International Trade Commission (ITC) on Wednesday delayed a decision in a trade secrets case involving South Korean battery makers LG Chem and SK Innovat...
Dec 09, 2020
Citigroup sees improving credit trends leading to reserve releases in fourth-quarter
(Reuters) - Citigroup Inc Chief Financial Officer Mark Mason said on Wednesday that the bank is more likely to report loan loss reserve releases than builds starting in the fourth quarter. His comment...
Dec 09, 2020
U.S. House secures enough votes to pass spending bill to avoid government shutdown
WASHINGTON (Reuters) - A one-week extension of federal funding to avoid a U.S. government shutdown secured enough votes on Wednesday for passage in U.S. House of Representatives. Voting continued on t...
Dec 09, 2020
Starbucks eyes walk-thru stores, technology to power post-pandemic growth
By Hilary Russ NEW YORK (Reuters) - Starbucks Corp Chief Executive Officer Kevin Johnson said customers will flock back to cafes once the coronavirus pandemic is over, even as the company builds more ...
Dec 09, 2020
U.S. airlines say vaccine cargo could help restart passenger flights
By Tracy Rucinski CHICAGO (Reuters) - Major U.S. airlines are preparing for a massive airlift of COVID-19 vaccines that will not only boost their cargo business, but help bring back passenger flights ...
Dec 09, 2020
U.S. challenges Canada’s dairy tariff-rate quotas
WASHINGTON (Reuters) - The United States said on Wednesday it was exercising its rights under the U.S.-Mexico-Canada (USMCA) trade agreement to challenge Canada's allocation of dairy tariff-rate quota...
Dec 09, 2020
UK tariff decision plunges Airbus into new trade dispute
By Tim Hepher and William James PARIS/LONDON (Reuters) - Britain's decision to suspend tariffs on Boeing jets and other U.S. goods has stunned the planemaker's European rival Airbus and exposes a grow...
Dec 09, 2020
U.S. FTC, states file antitrust lawsuit against Facebook
By Diane Bartz WASHINGTON (Reuters) - The U.S. Federal Trade Commission and a big coalition of states sued Facebook on Wednesday, saying that it broke antitrust law. The FTC said in a statement that i...
Dec 09, 2020
