Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Citigroup fined by U.S. regulators for ‘longstanding deficiencies’
WASHINGTON (Reuters) - A pair of U.S. bank regulators ordered Citigroup Inc to clean up "several longstanding deficiencies" in a new enforcement order against the bank. The order, from the Federal Res...
Oct 07, 2020
Fed’s Williams says moderate inflation overshoot acts as guardrail
(Reuters) - The Federal Reserve's new pledge to keep interest rates at zero until inflation is on track to "moderately" exceed 2% has come under fire for being overly vague and leaving too much up to ...
Oct 07, 2020
Arm exec says ‘firewalls’ will protect customer info after Nvidia deal
By Stephen Nellis (Reuters) - If Nvidia Corp buys Arm Ltd from SoftBank Group Corp , Arm will keep "firewalls" in place to ensure the data center chip company does not access confidential information ...
Oct 07, 2020
Microsoft takes action to resolve 365 services accessibility issues
(Reuters) - Microsoft Corp said on Wednesday a change it had made recently could have caused accessibility issues with multiple 365 services, including Teams and Outlook, and that the U.S. software ma...
Oct 07, 2020
Scathing congressional report suggests big trouble for Big Tech if Biden wins
By Nandita Bose WASHINGTON (Reuters) - A scathing report detailing abuses of market power by four top technology companies suggests a tough road ahead of new rules and stricter enforcement for Big Tec...
Oct 07, 2020
U.S. indicts six more chicken executives over alleged price fixing
CHICAGO (Reuters) - The U.S. government has indicted six more chicken-industry executives over alleged price-fixing, expanding antitrust prosecutions in its probe of the $65 billion poultry sector, ac...
Oct 07, 2020
Senator Warren asks big U.S. banks for details on pandemic performance
By Pete Schroeder WASHINGTON (Reuters) - U.S. Senator Elizabeth Warren is asking large U.S. banks to disclose how they performed under a recent Federal Reserve exam of their finances during the corona...
Oct 07, 2020
Activist investor Dan Loeb urges Disney to stop dividend to fund content
(Reuters) - Activist investor Dan Loeb on Wednesday urged Walt Disney Co to stop its dividend payment and redirect the money to make more content. In May, Disney's board of directors had said it would...
Oct 07, 2020
U.S. starts forgiving pandemic loans amid criticism, uncertainty
By Koh Gui Qing NEW YORK (Reuters) - As the U.S. government this month begins allowing small businesses to not repay their loans from a $525 billion pandemic relief plan, shifting the cost to American...
Oct 07, 2020
Barrick CEO calls for consolidation and warns of reserve crisis
JOHANNESBURG/TORONTO (Reuters) - Barrick Gold CEO Mark Bristow on Wednesday said the gold industry in Africa should consolidate further, as he warned of a "serious reserve crisis" looming for the sect...
Oct 07, 2020
