Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: PDVSA’s customers schedule last oil cargoes amid U.S.-imposed wind-down – sources
By Marianna Parraga and Nidhi Verma MEXICO CITY/NEW DELHI (Reuters) - A handful of long-term customers of Venezuela's PDVSA have begun winding down oil trade with the state-run company by scheduling t...
Sep 23, 2020
Mountain Valley seeks U.S. OK to restart work on WV-VA natgas pipe
(Reuters) - Mountain Valley Pipeline LLC asked federal regulators for permission to resume construction on the $5.4-$5.7 billion pipeline from West Virginia to Virginia by Sept. 25. Mountain Valley sa...
Sep 23, 2020
Mali risks ‘economic paralysis’ from post-coup embargo: trade group
By Tiemoko Diallo DAKAR (Reuters) - Mali faces "economic paralysis" if sanctions imposed by West Africa's regional bloc after a military coup are not lifted in coming days, the head of the customs age...
Sep 23, 2020
Energy executives say U.S. oil production has peaked: Dallas Fed survey
By Erwin Seba HOUSTON (Reuters) - Nearly two-thirds of U.S. energy company executives polled by the Federal Reserve Bank of Dallas believe U.S. crude oil production has peaked, according to a survey r...
Sep 23, 2020
PSE&G’s $1 billion New Jersey energy efficiency plan approved
By Scott DiSavino (Reuters) - New Jersey regulators on Wednesday approved Public Service Electric and Gas Co's (PSE&G) plan to invest $1 billion on energy efficiency programs over the next three years...
Sep 23, 2020
GoodRx shares jump 40% in Nasdaq debut after over $1 billion IPO
(Reuters) - Shares of GoodRx Holdings Inc surged 40% in their debut on the Nasdaq on Wednesday after the online prescription drug platform raised $1.14 billion in its upsized initial public offering. ...
Sep 23, 2020
Eight more Volkswagen employees charged in diesel scandal
HAMBURG (Reuters) - German prosecutors said on Wednesday they had charged another eight employees of auto maker Volkswagen over the scandal surrounding cheating on diesel engine emission tests. The ei...
Sep 23, 2020
Powell: Congress and Fed both need to ‘stay with it’ to bolster recovery
WASHINGTON (Reuters) - The U.S. Congress and the Federal Reserve both need to "stay with it" in working to bolster the economic recovery, Federal Reserve Chair Jerome Powell said on Wednesday. Despite...
Sep 23, 2020
Premier Oil seeks another price cut for BP North Sea deal: sources
By Clara Denina and Ron Bousso LONDON (Reuters) - Struggling oil and gas producer Premier Oil has begun talks with BP to lower for the second time a $210 million deal to acquire stakes in two North Se...
Sep 23, 2020
Fed’s Rosengren says increased COVID infections, lack of fiscal support could slow recovery
(Reuters) - The economic recovery will likely be more gradual in fall and winter if coronavirus infections rise and if Congress fails to provide more fiscal support, Boston Federal Reserve President E...
Sep 23, 2020
