Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
NY Fed’s Williams says rapid increase in virus infections could hurt economy
(Reuters) - The economy is now affected more by swings in coronavirus infections than it is by restrictions on certain activities, and a surge in infections could slow growth, New York Federal Reserve...
Nov 18, 2020
Apple, U.S. states reach $113 million settlement on iPhone throttling
By Paresh Dave and Stephen Nellis OAKLAND, Calif. (Reuters) - Apple Inc will pay $113 million to settle allegations from 33 U.S. states and the District of Columbia that it slowed down iPhones to mask...
Nov 18, 2020
Google redesigns Pay app, opens waitlist for bank accounts with Citi
By Paresh Dave and Anna Irrera OAKLAND, Calif./LONDON (Reuters) - Alphabet Inc's Google on Wednesday relaunched its U.S. payments app, introducing paid promotions to the service and opening a waitlist...
Nov 18, 2020
Analysis: Another bitcoin bubble? This time it’s different, backers hope
By Tom Wilson and Anna Irrera LONDON (Reuters) - With bitcoin surging to the cusp of its 2017 all-time high, backers are hoping fewer frenzied retail investors means less chance of a crash this time a...
Nov 18, 2020
De Beers diamond sales rise as demand recovers from COVID-19 hit
(Reuters) - Sales of rough diamonds at De Beers rose more than 12% in the latest sales cycle, its parent Anglo American said on Wednesday, as demand improves on the back of easing COVID-19 restriction...
Nov 18, 2020
Iraq-Saudi Arabia border crossing opens for trade, first time since 1990
AL-NUKHAIB, Iraq (Reuters) - Iraq and Saudi Arabia opened the Arar border crossing for trade for the first time in three decades, the Iraqi border ports commission said on Wednesday. Arar has been clo...
Nov 18, 2020
JPMorgan’s Dimon says ‘childish’ U.S. politicians are preventing stimulus package
NEW YORK (Reuters) - U.S. politicians are behaving like children by not passing a new stimulus bill that could help Americans whose income has been wiped out by the coronavirus pandemic, JPMorgan Chas...
Nov 18, 2020
Schumer: Democrats invite Senate Republicans to COVID-19 relief talks
WASHINGTON (Reuters) - U.S. Senate Democratic leader Chuck Schumer said on Wednesday that he and House Speaker Nancy Pelosi have formally invited Senate Majority Leader Mitch McConnell and other Senat...
Nov 18, 2020
Trump to represent U.S. at this week’s APEC summit, official says
WASHINGTON (Reuters) - U.S. President Donald Trump plans to represent the United States at a virtual Asia-Pacific summit this week in which his Chinese counterpart President Xi Jinping also plans to p...
Nov 18, 2020
Global debt to hit record $277 trillion by year end on pandemic spending splurge: IIF
By Rodrigo Campos NEW YORK (Reuters) - Global debt is expected to soar to a record $277 trillion by the end of the year as governments and companies continue to spend in response to the COVID-19 pande...
Nov 18, 2020
