Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Walmart beats same-store sales estimates on buoyant online demand
(Reuters) - Walmart Inc posted a bigger-than-expected increase in quarterly same-store sales on Tuesday as a 79% surge in its online business powered overall rises in spending on electronics, apparel ...
Nov 17, 2020
S&P, Dow futures retreat as coronavirus cases spike; Tesla surges
By Shivani Kumaresan and Medha Singh (Reuters) - Futures tied to the S&P 500 and the Dow paused on Tuesday, a day after the indexes notched record closing highs, while Nasdaq 100 futures were boosted ...
Nov 17, 2020
Tesla value set to jump $40 billion as S&P 500 beckons
(Reuters) - Shares of Tesla Inc rose 11% before the bell on Tuesday, adding around $40 billion to the value of the electric carmaker and giving another boost to the fortune of billionaire Chief Execut...
Nov 17, 2020
U.S. hospitals to restrict Lilly COVID-19 antibody treatment due to limited supply
By Deena Beasley (Reuters) - U.S. hospitals, weighing high demand and tight supplies, said they may limit use of a new Eli Lilly and Co antibody drug to COVID-19 patients with multiple risk factors fo...
Nov 17, 2020
Britain and U.S. sign aviation deal for post-Brexit flights
LONDON (Reuters) - Britain and the U.S. have signed an aviation deal to ensure flights between the two countries continue next year, replacing a former agreement which covered Britain when it was part...
Nov 17, 2020
GameStop investor Ryan Cohen urges strategic review
(Reuters) - One of GameStop Corp's largest shareholders, Ryan Cohen, in a letter on Monday urged the videogame retailer to immediately conduct a strategic review of its business. "GameStop needs to ev...
Nov 17, 2020
Lufthansa to cut free snacks for economy passengers
BERLIN (Reuters) - German airline Lufthansa , slashing costs as it struggles to cope with the impact of the COVID-19 pandemic, said on Tuesday it will stop offering free snacks to economy class passen...
Nov 17, 2020
Korean Air’s parent to limit role of founding family in new deal, state bank says
SEOUL (Reuters) - Hanjin Kal , owner of Korean Air Lines , is expected to bar some members of the carrier's founding family from managing some affiliates as it consolidates Korean Air with Asiana Airl...
Nov 17, 2020
EU states agonise over rules on rapid COVID tests, document says, in new blow to airlines
By Francesco Guarascio BRUSSELS (Reuters) - Many EU governments oppose common rules on the use of rapid COVID-19 tests, an internal document seen by Reuters says, in a new blow to airlines which are b...
Nov 17, 2020
UK, EU working hard for trade deal, differences remain, says UK official
LONDON (Reuters) - Britain is working hard to reach a deal with the European Union which fully respects the country's sovereignty but there are significant differences and time is in very short supply...
Nov 17, 2020
