Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Continental says chip shortages to cause auto supply bottlenecks until 2021
HAMBURG (Reuters) - German auto supplier Continental said on Friday that a rebound in Chinese demand following a global slump in sales caused by COVID-19 is leading to a shortage of semiconductors tha...
Dec 04, 2020
EU plan to label climate-harmful investments faces finance industry pushback
By Simon Jessop and Kate Abnett LONDON/BRUSSELS (Reuters) - A European Union plan to label polluting activities as "unsustainable" is facing resistance from some leading finance firms, amid concerns i...
Dec 04, 2020
Shell says Deer Park, Texas facility hit by power outage
(Reuters) - Royal Dutch Shell Plc experienced a power outage that caused a process upset at multiple units at its Deer Park, Texas, facility, where it operates a 318,000 barrel-per-day joint-venture r...
Dec 04, 2020
U.S. factory orders increase more than expected in October
WASHINGTON (Reuters) - New orders for U.S.-made goods increased more than expected in October and business investment on capital was a bit stronger than initially thought as the manufacturing sector c...
Dec 04, 2020
Hyundai recalls 129,000 U.S. vehicles for engine issue
By David Shepardson WASHINGTON (Reuters) - Hyundai Motor Co is recalling 129,000 U.S. vehicles for an engine issue that can increase the risk of a fire, U.S. regulators said Friday. The recall covers ...
Dec 04, 2020
Boeing again cutting widebody production rate
SEATTLE (Reuters) - Boeing Co is reducing its 787 widebody production to five jets monthly in mid-2021 from six, and delivered zero 787s to customers in November, as longer-haul travel demand remains ...
Dec 04, 2020
Wall St. opens near record highs as grim jobs data fuels stimulus hopes
(Reuters) - Wall Street's main indexes opened near all-time highs on Friday as worse-than-expected jobs growth in November spurred bets of a new fiscal stimulus package to help lift the economy from i...
Dec 04, 2020
Take Five: The clocks are ticking down
(Reuters) - 1/BREXIT MARATHON An EU official likened the current state of Brexit negotiations to a marathon where runners are "past kilometre 40" of the just over 42-km race. But four weeks before the...
Dec 04, 2020
American Airlines sees fourth-quarter cash burn at high end of guidance
(Reuters) - American Airlines said on Friday it expects its fourth-quarter average daily cash burn to be at the high end of its previously forecasted range of between $25 million and $30 million. The ...
Dec 04, 2020
U.S. trade deficit widens less than expected in October
WASHINGTON (Reuters) - The United States' trade deficit increased less than expected in October, suggesting trade could contribute to economic growth in the fourth quarter. The Commerce Department sai...
Dec 04, 2020
