Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Yellen says urgent action needed to prevent self-reinforcing economic downturn
By Tim Ahmann and Nandita Bose WASHINGTON (Reuters) - U.S. President-elect Joe Biden's treasury secretary nominee Janet Yellen said on Tuesday the country is facing a historic crisis from the pandemic...
Dec 01, 2020
Canada plans to clamp new tax on foreign home buyers
By Julie Gordon OTTAWA (Reuters) - Canada is readying a new tax on foreign home buyers to help tamp down on speculative purchases from overseas, cited as a factor behind sharp rises in housing prices ...
Dec 01, 2020
Axon Capital’s Singh sees vaccine boosting travel, entertainment stocks
By Svea Herbst-Bayliss NEW YORK (Reuters) - Services company stocks, especially those linked to travel and leisure, have room to rocket higher next year as consumers venture out again after spending o...
Dec 01, 2020
Fed’s Daly says aiming for ‘sustained’ above-target inflation
(Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Tuesday said the U.S. central bank will need to stick with easy policy during what's likely to be a "protracted" recovery from the...
Dec 01, 2020
U.S. bank profits recover from early 2020 turmoil, still down from year prior
By Pete Schroeder WASHINGTON (Reuters) - U.S. bank profits were significantly higher in the third quarter than the first half of 2020, although the industry still lagged behind 2019 levels, a regulato...
Dec 01, 2020
FAA issues new first air certificate for Boeing 737 MAX since 2019
WASHINGTON/CHICAGO (Reuters) - The Federal Aviation Administration (FAA) on Monday issued its first airworthiness certificate for a Boeing 737 MAX built since March 2019, the agency confirmed. The FAA...
Dec 01, 2020
U.S. Supreme Court justices question human rights claims against Nestle and Cargill
By Lawrence Hurley WASHINGTON(Reuters) - U.S. Supreme Court justices on Tuesday appeared wary of barring lawsuits against American companies over alleged human rights abuses abroad but signaled they c...
Dec 01, 2020
Thanksgiving weekend sees 44% more online-only shoppers: NRF
(Reuters) - The number of online-only shoppers jumped 44% during the Thanksgiving holiday weekend in the United States to 95.7 million, the National Retail Federation said on Tuesday, even as the over...
Dec 01, 2020
Bank of England cannot ignore history of slavery, governor says
LONDON (Reuters) - The Bank of England should not brush aside links that some of its early governors had with the slave trade, because the central bank still derives influence from its 326-year histor...
Dec 01, 2020
Biden’s economic picks signal focus on COVID labor crisis
By Jonnelle Marte (Reuters) - President-elect Joe Biden has named inequality and labor market specialists as leaders in his economics team, suggesting he may prioritize progressive policies aimed at w...
Dec 01, 2020
