Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
GM, Bosch stick with Nikola alliances despite Milton’s exit
By Ben Klayman DETROIT (Reuters) - General Motors Co and Germany's Bosch said on Monday they were sticking to their alliances with Nikola Corp after the executive chairman of the electric and fuel cel...
Sep 21, 2020
EU to investigate Eaton’s $3.3 billion sale of hydraulics unit to Danfoss
BRUSSELS (Reuters) - EU antitrust regulators opened an investigation on Monday into power management company Eaton's $3.3 billion sale of its hydraulics business to Danish industrial company Danfoss, ...
Sep 21, 2020
House bill extends U.S. highway funding, boosts airport funding
WASHINGTON (Reuters) - Lawmakers in the U.S. House of Representatives on Monday proposed spending $14 billion to shore up a trust fund that pays for airport improvements and air traffic control operat...
Sep 21, 2020
Occidental to pay dividend to Buffett’s Berkshire in cash, not stock
By Jonathan Stempel NEW YORK (Reuters) - Occidental Petroleum Corp said on Monday it will pay a $200 million quarterly dividend to Warren Buffett's Berkshire Hathaway Inc in cash instead of common sto...
Sep 21, 2020
Wall Street-backed MEMX launches in challenge to NYSE and Nasdaq
By John McCrank NEW YORK (Reuters) - The Members Exchange (MEMX), a new U.S. stock exchange backed by some of the biggest customers of the New York Stock Exchange and Nasdaq Inc , launched on Monday w...
Sep 21, 2020
Gold miners insist they won’t splurge despite price surge
(Reuters) - The world's top gold miners sought to reassure investors on Monday that they're not going on a spending spree despite surging gold prices boosting their shares and free cash flow. Miners a...
Sep 21, 2020
Merkel urges quick agreement with European lawmakers on EU budget, recovery plan
BERLIN (Reuters) - German Chancellor Angela Merkel and European Commission President Ursula von der Leyen called on European lawmakers on Monday to quickly agree to the bloc's recovery package and the...
Sep 21, 2020
Britain plans law to safeguard City of London’s global standing
By Huw Jones LONDON (Reuters) - Britain plans to buttress the City of London's global competitiveness and openness once it moves outside the European Union with new financial services sector legislati...
Sep 21, 2020
Federal aid, stocks rebound pushed household net worth to pre-pandemic levels in second quarter, Fed says
WASHINGTON (Reuters) - The net worth of U.S. households rebounded to pre-coronavirus levels in the second quarter as rebounding stock markets and a gusher of federal payments swelled individual portfo...
Sep 21, 2020
UK watchdog says ‘painful lessons’ to shape post-Brexit rules
By Huw Jones LONDON (Reuters) - Britain's regulators face "painful lessons" from reviews due in coming weeks that will also raise broader questions over how far consumers should be protected, the Fina...
Sep 21, 2020
