Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. private payrolls growth slows in October: ADP
WASHINGTON (Reuters) - U.S. private payrolls increased less than expected in October, providing an early sign of a slowdown in economic activity as fiscal stimulus diminishes and new COVID-19 infectio...
Nov 04, 2020
Ford recalls 375,000 Explorer SUVs over part tied to 13 crashes
WASHINGTON (Reuters) - Ford Motor Co said Wednesday it is recalling about 375,000 Explorer SUVs in North America for a part that can break and lead to a crash. The second-largest U.S. automaker said t...
Nov 04, 2020
Uber, Lyft shares jump as California set to pass gig-worker ballot measure
(Reuters) - Shares of Uber Technologies Inc and Lyft Inc jumped in premarket trading on Wednesday, as Wall Street cheered the app-based firms' projected victory in their battle to set the terms of the...
Nov 04, 2020
Renewable energy, pot stocks top losers as election results leave Wall Street hanging
By Susan Mathew (Reuters) - Renewable energy and cannabis-related stocks, tipped to gain under a Joe Biden administration, were among the hardest hit on Wall Street on Wednesday, as traders adjusted t...
Nov 04, 2020
Britain’s Lloyds steps up job cuts with more than 1,000 fresh layoffs
LONDON (Reuters) - Britain's biggest domestic bank Lloyds said it is cutting 1070 jobs, accelerating redundancies despite a return to profit in the third quarter. "These changes reflect our ongoing pl...
Nov 04, 2020
COVID-19 restrictions could mean fourth quarter contraction in parts of EU, ECB’s De Cos says
By Jess Aguado and Emma Pinedo MADRID (Reuters) - Spain and other European economies will slow and could contract in the fourth quarter of 2020 because of new restrictions to contain the coronavirus p...
Nov 04, 2020
Britain sets up share trading clash with EU
By Huw Jones LONDON (Reuters) - Banks and asset managers in Britain can use exchanges from the European Union to trade shares from January, Britain's financial regulator said on Wednesday, creating a ...
Nov 04, 2020
Big fees and bragging rights lost: Ant bankers hit by shock IPO suspension
By Scott Murdoch HONG KONG (Reuters) - The eleventh-hour halt to Ant Group's record $37 billion listing has not only hurt the firm, but also lead bank China International Capital Corporation (CICC), w...
Nov 04, 2020
Market ties between China, U.S. set to deepen regardless of who wins White House
By Samuel Shen and Andrew Galbraith SHANGHAI (Reuters) - As the world awaited definitive results from the U.S. presidential election, Chinese investors betting on the re-election of Donald Trump sent ...
Nov 04, 2020
UK heading for double-dip recession this winter: PMI
By David Milliken LONDON (Reuters) - Britain looks on course to enter a double-dip recession this winter, as business surveys show economic growth almost halted last month even before the latest Engla...
Nov 04, 2020
