Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Box Inc beats quarterly sales estimates
(Reuters) - Box Inc beat quarterly sales expectations on Tuesday as remote work and learning during the COVID-19 pandemic drove demand for its file-sharing services. Millions of professionals are alre...
Dec 01, 2020
Disney consolidates TV studios as part of focus on streaming
LOS ANGELES (Reuters) - Walt Disney Co said on Tuesday it had consolidated its television studios into two units as the company restructures operations to emphasize streaming media. Karey Burke, who h...
Dec 01, 2020
House seen backing bill that could block Chinese firms from U.S. securities markets
By Patricia Zengerle WASHINGTON (Reuters) - The U.S. House of Representatives is expected to pass legislation this week that could prevent some Chinese companies from listing their shares on U.S. exch...
Dec 01, 2020
Fed’s Evans says economy ‘screams out’ for more fiscal help
(Reuters) - The U.S. central bank is already doing "quite a lot" to boost the economy and has little scope to do much more, Chicago Federal Reserve Bank President Charles Evans said on Tuesday, callin...
Dec 01, 2020
Automakers pledge to work with Biden to reduce emissions
WASHINGTON (Reuters) - A group representing major automakers on Tuesday vowed to work with President-elect Joe Biden on efforts to reduce vehicle emissions even as the industry remains split over an e...
Dec 01, 2020
Hedge fund veteran launches impact firm with former Jana, BlackRock executives
By Svea Herbst-Bayliss BOSTON (Reuters) - Hedge fund industry veteran Chris James, who co-founded technology oriented Andor Capital nearly two decades ago, is launching a new firm that will focus on i...
Dec 01, 2020
Tesla CEO says he is open to friendly deal with rival carmaker
FRANKFURT (Reuters) - Tesla Chief Executive Elon Musk on Tuesday said he was open to discussing a merger of his start-up electric carmaker with a rival. Speaking at an Axel Springer event in Berlin, M...
Dec 01, 2020
Nikola shares drop as share lockup period expires
By Caroline Valetkevitch and Eva Mathews (Reuters) - Nikola Corp's stock extended its recent drop on Tuesday as investors were allowed to sell shares of the electric truck maker on the expiration of t...
Dec 01, 2020
Norway minority government secures backing for 2021 budget
OSLO (Reuters) - Norway's minority government has won backing in parliament for a fiscal spending plan for 2021, the ruling Conservative party said in a statement on Tuesday. The centre-right cabinet ...
Dec 01, 2020
Mexican dairy company Grupo Lala says ending Costa Rica operations
MEXICO CITY (Reuters) - Mexican dairy company Grupo Lala will end operations in Costa Rica as it aims to refocus on key markets, the firm said in a statement on Tuesday. The closure effective on Decem...
Dec 01, 2020
