Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. consumer prices increase solidly in August
WASHINGTON (Reuters) - U.S. consumer prices increased solidly in August, but labor market slack is likely to keep a lid on inflation as the economy recovers from the COVID-19 recession. The Labor Depa...
Sep 11, 2020
Kroger beats same-store sales estimates on online boost
(Reuters) - Kroger Co reported a 14.6% rise in quarterly same-store sales on Friday, helped by a surge in online grocery sales as customers cooked more at home during the COVID-19 pandemic, sending th...
Sep 11, 2020
Euro zone inflation needs more momentum to move higher: Lane
FRANKFURT (Reuters) - Euro zone inflation needs more momentum to move towards the European Central Bank's target so policy needs to remain "very accommodative," ECB chief economist Philip Lane said on...
Sep 11, 2020
Brazil services activity up 2.6% in July, less than expected
By Jamie McGeever BRASILIA (Reuters) - Services activity in Brazil rose in July for a second straight month, figures showed on Friday, but the pace of growth was slower than forecast, suggesting the e...
Sep 11, 2020
Facebook launches legal action against Irish watchdog over data transfers
(Reuters) - Facebook Inc launched legal action on Friday against Ireland's Data Protection Commission in an attempt to end a proposed order that could stop it from transferring data from the European ...
Sep 11, 2020
Argentina debt deal opens door for $13 billion provincial revamp
By Hernan Nessi and Jorge Otaola BUENOS AIRES (Reuters) - Argentina's provinces from Buenos Aires to wine region Mendoza are readying to revamp a combined $13 billion in debt, after a successful sover...
Sep 11, 2020
Tesla shares set to rally for third day after record slump
(Reuters) - A rebound in Tesla Inc shares was set to extend into a third straight session on Friday, recouping more of a record 21% drop earlier this week that wiped $80 billion off the electric-car m...
Sep 11, 2020
IBM says U.S. should adopt new export controls on facial recognition systems
By David Shepardson WASHINGTON (Reuters) - IBM Corp said on Friday the U.S. Commerce Department should adopt new controls to limit the export of facial recognition systems to repressive regimes that c...
Sep 11, 2020
Russia’s Megafon settles dispute with HP over system failure
MOSCOW (Reuters) - Megafon, Russia's second biggest mobile phone operator, has reached an out-of-court settlement with U.S. firm Hewlett Packard Enterprise Co over system failures in its IT network, t...
Sep 11, 2020
Tiffany gets regulatory nod from Japan, Mexico authorities for $16 billion LVMH deal
(Reuters) - Tiffany & Co has received regulatory approval from the Japan Fair Trade Commission and the Mexican competition authority for its contentious $16 billion acquisition by luxury goods group L...
Sep 11, 2020
