Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
AB InBev CEO dismisses speculation he is stepping down soon
BRUSSELS (Reuters) - Anheuser-Busch InBev's long-time Chief Executive Carlos Brito dismissed speculation about an imminent departure, telling Reuters on Thursday that he expected to be leading the wor...
Oct 29, 2020
Ralph Lauren misses revenue estimates, sees more pandemic pain ahead
(Reuters) - Ralph Lauren Corp missed revenue estimates for the second quarter on Thursday, as fewer customers spent on its high-end apparel and accessories during the COVID-19 pandemic. The luxury app...
Oct 29, 2020
Column: Coronavirus and the great workplace debate – John Kemp
By John Kemp LONDON (Reuters) - Decisions on where and how to work are embodied in trillions of dollars of investment worldwide, including the siting of commercial and residential real estate as well ...
Oct 29, 2020
NYSE-owner ICE third quarter profit beats on virus-driven market volatility
(Reuters) - Intercontinental Exchange Inc , owner of the New York Stock Exchange, beat Street estimates for third-quarter profit on Thursday, boosted by higher trading volumes due to coronavirus-drive...
Oct 29, 2020
Ant Group’s Shanghai retail book for $34.4 billion listing 872 times oversubscribed
By Julie Zhu HONG KONG (Reuters) - The domestic retail book of Ant Group Co Ltd's $34.4 billion dual listing was 872 times oversubscribed as individual investors in China scrambled for a slice of the ...
Oct 29, 2020
Wall Street futures higher after steep selloff with eyes on Big Tech earnings
By Medha Singh (Reuters) - U.S. stock index futures rose on Thursday following the S&P 500's worst day in nearly five months as focus shifted to Big Tech earnings, but sentiment was fragile with five ...
Oct 29, 2020
Blue Apron ends strategic review process, sees major pickup in business
(Reuters) - Meal-kit delivery company Blue Apron Holdings Inc said on Thursday its board has concluded a review of its strategic options, after raising cash and seeing an improvement in its business d...
Oct 29, 2020
ConocoPhillips posts smaller-than-expected loss as oil prices recover
(Reuters) - Oil producer ConocoPhillips , which is buying Concho Resources Inc for $8.3 billion, posted a smaller-than-expected quarterly loss on Thursday as it benefited from a recovery in crude oil ...
Oct 29, 2020
Tesla plans to open about 52 new service centers in 2021: Electrek
(Reuters) - Tesla Inc plans to add at least one new service center every week in 2021, Electrek reported on Thursday, citing a source familiar with the matter. The electric carmaker has been expanding...
Oct 29, 2020
Rise in at-home cooking boosts Kraft Heinz third quarter sales
(Reuters) - Kraft Heinz Co beat quarterly revenue expectations on Thursday, as consumers cooking at home bought more of its packaged foods and condiments. With restrictions on movement imposed to curb...
Oct 29, 2020
