Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Tyson Foods beats sales estimates on strong pork, beef demand
(Reuters) - Tyson Foods Inc beat quarterly sales estimates on Monday, as the largest U.S. meat processor benefited from consumers buying more of its beef and pork products during the COVID-19 pandemic...
Nov 16, 2020
Walmart expects $2 billion non-cash loss from stake sale in Japan’s Seiyu
(Reuters) - Walmart Inc said on Monday it sees a non-cash loss of about $2 billion after tax, in its fourth fiscal quarter due to a sale of a majority stake in Japanese supermarket chain Seiyu. The re...
Nov 16, 2020
SEC Chairman Clayton to step down at end of year: statement
WASHINGTON (Reuters) - U.S. Securities and Exchange Commission Chairman Jay Clayton will step down from his position at the end of the year, the agency said in a statement on Monday. "Working alongsid...
Nov 16, 2020
Jay Clayton is stepping down from U.S. SEC by year-end: NYT
(Reuters) - U.S. Securities and Exchange Commission Chairman Jay Clayton is stepping down from his position at the end of this year, the New York Times (https://www.nytimes.com/2020/11/16/business/dea...
Nov 16, 2020
Moderna says its vaccine is 94.5% effective in preventing COVID-19
By Julie Steenhuysen and Michael Erman (Reuters) - Moderna Inc said on Monday its experimental vaccine was 94.5% effective in preventing COVID-19 based on interim data from a late-stage clinical trial...
Nov 16, 2020
Stock futures climb on vaccine optimism as COVID-19 cases surge
By Medha Singh (Reuters) - U.S. stock index futures rose nearly 1% on Monday as bets of an economic recovery, aided by hopes of an effective COVID-19 vaccine, helped investors shrug off worries over n...
Nov 16, 2020
EMA starts rolling review for Moderna’s COVID-19 vaccine candidate
(Reuters) - Europe's health regulator said on Monday it had started a real-time review of Moderna Inc's experimental vaccine for COVID-19, on the back of similar such review launches for vaccines from...
Nov 16, 2020
OPEC+ starts meetings to weigh further steps to support market
By Alex Lawler and Ahmad Ghaddar LONDON (Reuters) - The Organization of Petroleum Exporting Countries and allies started meetings on Monday that will look at further action to support the oil market i...
Nov 16, 2020
UK sets 2022 date for new financial regulation regimes
LONDON (Reuters) - British authorities said on Monday they planned to implement new financial regulation regimes on Jan. 1 2022. They comprise the UK's Investment Firms Prudential Regime, which covers...
Nov 16, 2020
German economy stagnating or shrinking amid second wave of virus: Bundesbank
FRANKFURT (Reuters) - The German economy is likely stagnating or contracting as measures taken at home and abroad to contain the second wave of the coronavirus pandemic hit leisure activities as well ...
Nov 16, 2020
