Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Senator Warren slams Disney for layoffs, executives’ salaries
By Jessica DiNapoli NEW YORK (Reuters) - U.S. Senator Elizabeth Warren slammed Walt Disney Co's move to lay off 28,000 workers while making shareholder payouts in the years leading up to the COVID-19 ...
Oct 14, 2020
Bank of America profit falls on pandemic woes
(Reuters) - Bank of America Corp reported a 15.8% drop in quarterly profit on Wednesday, hit by higher provisions for credit losses due to the COVID-19 pandemic. Net income applicable to common shareh...
Oct 14, 2020
SoftBank and Nippon Express to launch fleet management service: source
TOKYO (Reuters) - Wireless carrier SoftBank Corp and logistics firm Nippon Express plan to launch a joint venture offering fleet management services for small and medium-sized logistics firms, a sourc...
Oct 14, 2020
Futures muted ahead of next batch of bank earnings
By Medha Singh (Reuters) - Futures tracking the S&P 500 were flat on Wednesday on doubts about more fiscal stimulus following an impasse in Washington and ahead of the next batch of quarterly bank ear...
Oct 14, 2020
Magyar Telekom considers subletting headquarters as COVID-19 keeps workers away
By Gergely Szakacs BUDAPEST (Reuters) - Locked into a 15-year lease agreement, Magyar Telekom is considering subletting some of its new headquarters, one of several options under review as the coronav...
Oct 14, 2020
Analysts lift Asian companies’ forward 12-month earnings higher than their global peers
By Gaurav Dogra and Patturaja Murugaboopathy (Reuters) - Analysts are upgrading Asian companies' forward 12-month earnings estimates at a higher pace than for the U.S- and European firms, Refinitiv da...
Oct 14, 2020
UK should do more to help COVID jobless, tax rises can wait: OECD
By William Schomberg LONDON (Reuters) - Britain should do more to help the unemployed find work, and fixing the huge hole in its public finances can wait until a recovery from the COVID-19 pandemic is...
Oct 14, 2020
From iPhones to e-axles: how one tech firm is pushing into electric vehicles
By Norihiko Shirouzu (Reuters) - The miniature motors that make iPhones buzz on silent helped power Japan's Nidec to become a 1.5-trillion-yen ($14 billion) company. In recent years, Nidec's founder S...
Oct 14, 2020
China’s third quarter GDP growth expected to improve: PBOC official
BEIJING (Reuters) - China's third-quarter GDP growth is expected to improve from the previous quarter, Ruan Jianhong, an official with the People's Bank of China (PBOC), told a press conference on Wed...
Oct 14, 2020
EU-UK trade deal difficult but still possible, source says
BRUSSELS (Reuters) - An EU-UK trade deal is difficult but still possible to achieve if the two sides negotiate intensively in the coming weeks, said a person close to the talks. U.K. negotiator David ...
Oct 14, 2020
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