Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. Congress passes bill that could delist Chinese stocks from U.S. markets
WASHINGTON (Reuters) - The U.S. House of Representatives passed legislation on Wednesday that could prevent some Chinese companies from listing their shares on U.S. exchanges unless they adhere to U.S...
Dec 02, 2020
Buffett-backed Snowflake’s loss widens in first quarterly report post IPO
(Reuters) - Warren Buffett-backed data warehouse firm Snowflake Inc reported a bigger third-quarter loss on Wednesday, in its first quarterly results following a blockbuster market debut in September,...
Dec 02, 2020
U.S. bans cotton imports from major producer in China’s Xinjiang region
WASHINGTON (Reuters) - The Trump administration expanded economic pressure on China's Xinjiang province on Wednesday, banning cotton imports from a powerful Chinese quasi-military organization that it...
Dec 02, 2020
U.S. to accuse Google of labor violations in clampdown on protests, fired employees say
By Paresh Dave OAKLAND, Calif. (Reuters) - The National Labor Relations Board will file a complaint accusing Alphabet Inc's Google of unlawfully monitoring and questioning workers, who were fired for ...
Dec 02, 2020
Fed: Little to no growth in four of 12 regions as stress mounts
By Howard Schneider and Ann Saphir WASHINGTON (Reuters) - Federal Reserve officials saw "little or no growth" in four of their 12 U.S. districts and only modest growth elsewhere in recent weeks amid a...
Dec 02, 2020
Uber in advanced talks to sell air taxi unit: Axios
(Reuters) - Uber Technologies is in advanced talks to sell its air taxi business, "Uber Elevate", to aerospace firm Joby Aviation, news website Axios reported https://bit.ly/37qqMKN on Wednesday, citi...
Dec 02, 2020
Train operator Amtrak to pay $2.25 million to settle discrimination claims
By Sarah N. Lynch WASHINGTON (Reuters) - Amtrak, the U.S. passenger railroad, will pay $2.25 million to resolve civil claims by the Justice Department that it discriminated against passengers with dis...
Dec 02, 2020
EU faces dangerous dilemma over financing battle
By Jan Strupczewski BRUSSELS (Reuters) - Poland's and Hungary's veto of the European Union's 1.8 trillion euro financing package has plunged the bloc into a battle that threatens to damage both its ec...
Dec 02, 2020
U.S. venture capital investments exceed 2019 despite pandemic gloom
(Reuters) - Despite an initial freeze in investments early in the year due to the COVID-19 pandemic, U.S. venture capital funding this year has already overtaken 2019 levels as many tech companies got...
Dec 02, 2020
NY Fed’s Williams: U.S. economic growth is slowing as fiscal aid fades
(Reuters) - The U.S. economy was recovering faster than expected until recently, but growth is now slowing as the coronavirus spreads across the country and fiscal aid that supported many households e...
Dec 02, 2020
