Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
Mnuchin, Powell press again for deal to get economy through the COVID winter
By Ann Saphir and Dan Burns (Reuters) - The heads of the U.S. Treasury Department and Federal Reserve on Wednesday renewed calls for legislators to reach agreement on additional funds to help small bu...
Dec 02, 2020
Appeals court holding Dec. 14 hearing on blocked U.S. TikTok new user ban
WASHINGTON (Reuters) - A federal appeals court in Washington said on Wednesday it will hold Dec. 14 oral arguments on the government's appeal of an order that blocked a ban on Apple Inc and Alphabet's...
Dec 02, 2020
Ex-Goldman Sachs President Cohn has not returned pay after 1MDB clawbacks: Bloomberg News
(Reuters) - Goldman Sachs has failed to persuade former president Gary Cohn to return over $10 million he received in pay, as part of the bank's effort to reclaim executive compensation over the 1MDB ...
Dec 02, 2020
U.S judge hearing Google case rejects government’s protective order request
WASHINGTON (Reuters) - The federal judge hearing the U.S. Justice Department's antitrust lawsuit against Alphabet's Google urged the government on Wednesday to narrow the definition of "highly sensiti...
Dec 02, 2020
Foreign direct investment in Latin America to plunge by half in 2020 – U.N. agency
By Fabian Cambero SANTIAGO (Reuters) - Foreign direct investment in Latin America and the Caribbean is likely to plunge by around 50% in 2020, as the region struggles to confront the coronavirus pande...
Dec 02, 2020
