Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Senate won’t support Trump’s Fed nominee Shelton: Bloomberg News
(Reuters) - Judy Shelton, U.S. President Donald Trump's controversial pick to serve on the Federal Reserve's interest-rate-setting panel, does not have the votes to win confirmation in the U.S. Senate...
Sep 15, 2020
Bank of America sees net interest income stabilizing by end of the year: CEO
(Reuters) - Bank of America Corp Chief Executive Officer Brian Moynihan told investors on Tuesday that the worst pandemic-related revenue declines could soon be in the rear-view mirror. Speaking at th...
Sep 15, 2020
Lufthansa could cut more planes and jobs than planned: sources
FRANKFURT/BERLIN (Reuters) - German airline Lufthansa could cut its fleet by 130 planes in response to the coronavirus crisis, two people familiar with the matter said. Such a cut would mean a reducti...
Sep 15, 2020
Goldman Sachs names new leaders of natural resources investment banking, memo shows
By David French NEW YORK (Reuters) - Goldman Sachs Group has made changes at the top of its natural resources investment banking team, including handing sole responsibility for leading the group to Su...
Sep 15, 2020
Bayer settles thousands of U.S. Roundup cases with trial attorneys
By Tom Hals (Reuters) - Bayer AG has settled thousands of U.S. Roundup weed killer lawsuits as part of an $11 billion settlement, reaching deals with the only lawyers who took cases to trial over alle...
Sep 15, 2020
Dunkin’ Donuts parent settles New York claims over cyberattacks
NEW YORK (Reuters) - The parent of Dunkin' Donuts on Tuesday reached a settlement with New York Attorney General Letitia James to resolve claims it failed to respond to "brute force" cyberattacks that...
Sep 15, 2020
Apple ends Barclays credit-card partnership ahead of new devices: Bloomberg News
(Reuters) - Apple Inc on Tuesday ended its long-time card partnership with Barclays Plc , a move designed to focus attention on its own Apple Card product-financing plans, Bloomberg News reported http...
Sep 15, 2020
Kraft Heinz to sell several cheese businesses to Lactalis for $3.2 billion
CHICAGO (Reuters) - Kraft Heinz Co said on Tuesday that it will sell several of its cheese businesses to a U.S. affiliate of France's Groupe Lactalis for $3.2 billion. The deal, which is expected to c...
Sep 15, 2020
Russian loan won’t keep Lukashenko afloat for long
By Gabrielle Ttrault-Farber and Katya Golubkova MOSCOW (Reuters) - A $1.5 billion loan from Russia will shore up Belarusian President Alexander Lukashenko for the time being as he tries to face down m...
Sep 15, 2020
JPMorgan cuts outlook for net interest income on lower rates
NEW YORK (Reuters) - JPMorgan Chase & Co now expects net interest income for all of 2020 to be about $55 billion, down from an earlier estimate of $56 billion, Chief Financial Officer Jenn Piepszak sa...
Sep 15, 2020
