Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
SEC charges former Wells Fargo CEO and top executive with misleading investors over sales practices
WASHINGTON (Reuters) - The Securities and Exchange Commission charged former Wells Fargo CEO John Stumpf and community bank chief Carrie Tolstedt with misleading investors, the watchdog announced Frid...
Nov 13, 2020
Exclusive: Zambia will not pay Eurobond coupon before grace period expires – Finance Minister
LUSAKA (Reuters) - Zambia will not pay an overdue Eurobond coupon before a 30-day grace period expires, the finance minister told Reuters, setting the southern African copper producer on course to bec...
Nov 13, 2020
DoorDash makes U.S. IPO filing public, reveals rapid revenue growth
(Reuters) - DoorDash Inc, the U.S. food delivery startup backed by SoftBank Group Corp , on Friday made public its regulatory filing for a listing on the New York Stock Exchange, setting the stage for...
Nov 13, 2020
U.S. producer prices slightly beat expectations
WASHINGTON (Reuters) - U.S. producer prices increased a bit more than expected in October, but were unlikely to translate into higher inflation given considerable slack in the labor market and a resur...
Nov 13, 2020
Freddie Mac CEO Brickman to resign, company names interim president
(Reuters) - Housing finance giant Freddie Mac's chief executive officer, David Brickman, will resign in January next year, the company disclosed in a filing with the U.S. Securities and Exchange Commi...
Nov 13, 2020
EU says changes needed to bolster money market funds post-COVID
By Huw Jones LONDON (Reuters) - Fund managers must improve readiness for shocks after the fallout from COVID-19 on markets in March and changes are needed to make money market funds more resilient, th...
Nov 13, 2020
Bullard: ‘Household level’ virus spread may require new ‘education initiative’
By Howard Schneider WASHINGTON (Reuters) - The coronavirus may be spreading faster now "at the household level" rather than in business settings, and a new U.S. push for changes in personal behavior m...
Nov 13, 2020
Investors, consultants eye returns from underwater UK final salary pension schemes
By Carolyn Cohn LONDON (Reuters) - Alternative investment firms and consultants are finding ways to boost the finances of Britain's deficit-laden final salary pension schemes as the two trillion pound...
Nov 13, 2020
Spain’s Santander plans to cut 4,000 jobs in Spain, sources say
MADRID (Reuters) - Spain's Santander plans to close up to 1,000 branches in Spain and cut up to 4,000 jobs, or around 14 percent of its total workforce in Spain, two sources with knowledge of the matt...
Nov 13, 2020
Take Five: A shot in the arm
(Reuters) - 1/ RECOVERY ALPHABET SOUP The world economic outlook is suddenly a little bit brighter after upbeat news on the Pfizer COVID-19 vaccine. Hopes of a strong "V" or even a "U" -shaped recover...
Nov 13, 2020
