Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Apple shares fall as iPhone sales dip weighs on record quarterly results
By Subrat Patnaik (Reuters) - Apple Inc's shares fell nearly 5% in premarket trading after the world's most valuable public company reported a steep fall in iPhone sales in China, hurt by the delay of...
Oct 30, 2020
Take Five: Markets hoping for clear result in U.S. vote
1/ELECTION DAY Nov. 3 is election day in the world's biggest economy, a vote that's particularly fraught due to the COVID-19 pandemic, the candidates' differing policy platforms and the potential for ...
Oct 30, 2020
Ford eyes first-year sales of 100,000 vehicles with hands-free driving system
(Reuters) - Ford Motor Co said on Friday it expects to sell 100,000 cars and trucks equipped with the company's new hands-free driving system in the first full year of availability. The catch is, only...
Oct 30, 2020
Citigroup issues largest-ever private sector social bond
By Imani Moise (Reuters) - Citigroup Inc said on Thursday it had issued the largest-ever private-sector social bond for affordable housing, part of a more than $1 billion initiative announced earlier ...
Oct 30, 2020
Lowe’s to hire 20,000 workers across U.S. stores before holiday season
(Reuters) - Lowe's Companies said on Friday it would hire 20,000 associates across its U.S. stores and regional distributors, anticipating higher customer demand during the holiday season. The home-im...
Oct 30, 2020
Online giants will have to open ad archives to EU antitrust regulators
By Foo Yun Chee BRUSSELS (Reuters) - Dominant tech companies will have to explain how their algorithms work under proposed new EU rules and also open up their ad archives to regulators and researchers...
Oct 30, 2020
Funds favor bonds over stocks in run-up to U.S. election: Reuters poll
By Rahul Karunakar and Tushar Goenka BENGALURU (Reuters) - Global fund managers recommended the lowest exposure to equities and the highest share of bonds in portfolios in over a decade this month, ci...
Oct 30, 2020
AbbVie raises 2020 profit forecast as COVID-19 hit eases
(Reuters) - Drugmaker AbbVie Inc posted better-than-expected quarterly sales and raised its full-year adjusted profit forecast on Friday, as demand for its Botox and other treatments showed signs of r...
Oct 30, 2020
EU won’t delay sustainability disclosures for banks despite lack of guidance
By Huw Jones LONDON (Reuters) - Banks and insurers must comply with a new European Union law on sustainability-related disclosures from March even though detailed guidance on how it should work in pra...
Oct 30, 2020
Exxon posts third straight loss as pandemic hits energy demand, prices
(Reuters) - Exxon Mobil Corp posted its third straight quarterly loss on Friday and detailed deeper spending cuts to come, as the oil major reels from the COVID-19 impact on energy demand and prices. ...
Oct 30, 2020
