Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ford to add jobs to boost output of electric F-150, add electric van
By Joseph White DETROIT (Reuters) - Ford Motor Co said on Tuesday it plans to hire 350 more U.S. workers to expand production capacity for its electric F-150 pickup truck in Michigan and add assembly ...
Nov 10, 2020
Beyond Meat shares sink as Wall Street startled by slowing sales
(Reuters) - Beyond Meat Inc's shares sank 22% on Tuesday as a slowdown in the pace of sales growth for its plant-based meat shocked investors, while a surprise announcement of a tie up with McDonald's...
Nov 10, 2020
Nikola discloses grand jury subpoenas from DOJ
(Reuters) - Nikola Corp and its founder Trevor Milton received grand jury subpoenas from the U.S. Department of Justice in September in connection to allegations of fraud by short-seller Hindenburg, t...
Nov 10, 2020
Apple to unveil Macs with their own processors, widening its app ecosystem
By Stephen Nellis (Reuters) - Apple Inc on Tuesday is expected to introduce Mac computers with its own processor chips, marking the start of its move away from Intel Corp's chips. Apple said in June t...
Nov 10, 2020
S&P futures pause after strong rally on vaccine cheer
By Medha Singh (Reuters) - Futures tied to the S&P 500 dipped in choppy trading on Tuesday as worries about the extent of the COVID-19 pandemic's economic impact resurfaced, a day after Wall Street ra...
Nov 10, 2020
Central bankers seek new role in brave new world
By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - Taking a break from fighting the coronavirus crisis, the world's top central bankers will attempt to resolve the existential questions of t...
Nov 10, 2020
Timeline: Huawei feeling the heat as it eyes Honor sale
By David Kirton SHENZHEN, China (Reuters) - Huawei Technologies [HWT.UL] plans to sell its budget-brand Honor smartphone unit in a 100 billion yuan ($15.14 billion) deal after years of pressure from U...
Nov 10, 2020
Pizza Hut to offer pizzas with Beyond Meat sausages in U.S., UK
By Siddharth Cavale (Reuters) - Pizza Hut on Tuesday launched two pizzas with plant-based meat maker Beyond Meat's sausage in the United States and the United Kingdom for a limited time, taking advant...
Nov 10, 2020
Biden may face pressure to reshape Powell’s Fed in first year
By Howard Schneider Washington - U.S. monetary policy won't be a top-of-mind concern for President-elect Joe Biden as he prepares to take office in January, with the Federal Reserve's economic arsenal...
Nov 10, 2020
Brazil’s Embraer posts $121 million loss on coronavirus travel disruptions
(Reuters) - Brazil planemaker Embraer on Tuesday posted a $121 million loss for the third quarter, as the coronavirus pandemic hit travel demand. Revenue fell significantly for both its executive jets...
Nov 10, 2020
