Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Baidu to buy JOYY’s live-streaming business in China for $3.6 billion
(Reuters) - Chinese search engine giant Baidu Inc said on Monday it would acquire JOYY Inc's video-based entertainment live streaming business in China for about $3.6 billion in cash. The deal is expe...
Nov 16, 2020
Buffett’s Berkshire invests in several big drugmakers
(Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Monday it has begun investing in four large drugmakers. In a regulatory filing detailing its U.S.-listed investments as of Sept. 30, Berkshi...
Nov 16, 2020
U.S. upgrades safety probe into nearly 159,000 Tesla vehicles
WASHINGTON (Reuters) - The U.S. National Highway Traffic Safety Administration (NHTSA) said on Monday it was upgrading a probe into nearly 159,000 Tesla Model S and Model X vehicles over touchscreen f...
Nov 16, 2020
Biden calls on Congress to pass new COVID-19 relief package
WILMINGTON, Del. (Reuters) - President-elect Joe Biden on Monday called on Congress to come together and pass a new coronavirus relief package. In remarks on the economy, Biden urged lawmakers in both...
Nov 16, 2020
Wirecard’s European business sold to Santander: insolvency administrator
FRANKFURT (Reuters) - Wirecard's insolvency administrator on Monday said a sale of the payment system provider's European technology platform to Spain's Banco Santander has been agreed. Santander will...
Nov 16, 2020
Third U.S. senator says he opposes Trump’s Fed pick Shelton
SAN FRANCISCO (Reuters) - A third senator has said he would oppose Republican U.S. President Donald Trump's controversial pick for the Federal Reserve, former economic adviser Judy Shelton, according ...
Nov 16, 2020
Trump supporter hired for Commerce Department post, to push hardline China policies until January: sources
By Karen Freifeld (Reuters) - Corey Stewart, an ardent supporter of President Donald Trump, has been named to a newly created senior post at the U.S. Department of Commerce, where he can help push thr...
Nov 16, 2020
House to vote on FAA reform bill after Boeing 737 MAX crashes
By David Shepardson WASHINGTON (Reuters) - The U.S. House of Representatives is set to vote on Tuesday on bipartisan legislation to reform the Federal Aviation Administration's (FAA) aircraft certific...
Nov 16, 2020
Fed’s Daly: need both impatience and patience to solve racial justice, other problems
(Reuters) - San Francisco Federal Reserve Bank President Mary Daly said Monday that to tackle long-term problems like racial justice and climate change the U.S. central bank must be both impatient and...
Nov 16, 2020
U.S. tentatively approves adding Aer Lingus to airlines’ alliance group
WASHINGTON (Reuters) - The U.S. Transportation Department on Monday said it had tentatively approved the proposed addition of Aer Lingus to the Oneworld alliance. The carriers requested antitrust immu...
Nov 16, 2020
