Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Lebanon central bank can keep subsidies only for two more months: governor
BEIRUT (Reuters) - Lebanon's central bank can only keep basic subsidies for two more months and the state should come up with a plan, Governor Riad Salameh said on Tuesday as the country's financial c...
Dec 01, 2020
Central American economies suffer from storms, climate shock: Moody’s
(Reuters) - Four Central American economies hit hard by two hurricanes last month will likely suffer lasting damage as "climate-related shocks" reverberate through vulnerable agricultural markets, cre...
Dec 01, 2020
U.S. CFTC issues record number of enforcement actions, as fines remain largely flat
By Katanga Johnson WASHINGTON (Reuters) - The U.S. derivatives regulator issued a record 113 enforcement actions for corporate wrongdoing in 2020 - the most in the agency's history - the agency said o...
Dec 01, 2020
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
