Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Citigroup’s Fraser shows Wall Street playing catch-up on woman CEOs
By Jessica DiNapoli NEW YORK (Reuters) - Citigroup Inc's appointment of Jane Fraser as its next chief executive on Thursday was celebrated on Wall Street as the first woman to lead one of the top U.S....
Sep 10, 2020
Disney expects to reopen a little over 50% of its hotels by end of fiscal year
(Reuters) - Walt Disney Co expects to have reopened "a little over 50%" of its hotels and resorts by the end of the fiscal year, according to Chief Financial Officer Christine McCarthy, who spoke via ...
Sep 10, 2020
U.S. stock funds shed $1.1 billion in week: Lipper
(Reuters) - U.S.-based stock mutual funds posted a $1.1 billion outflow in the week ended Wednesday, according to Lipper. U.S. taxable bond funds attracted $6.5 billion, the twenty second straight wee...
Sep 10, 2020
U.S. senator asks for CFIUS review of GNC purchase by Chinese company
WASHINGTON (Reuters) - U.S. Senator Marco Rubio, a Republican and a China hawk, asked for a national security review of plans by General Nutrition Centers , or GNC, to sell itself to Harbin Pharmaceut...
Sep 10, 2020
American Airline’s Envoy to close New York City bases, memo shows
CHICAGO (Reuters) - American Airline's wholly-owned regional carrier Envoy is closing its bases at La Guardia and John F. Kennedy airports in New York as it "makes changes to its flying profile in 202...
Sep 10, 2020
U.S. Fed buys $29.7 billion of mortgage bonds, sells $8 billion
NEW YORK, Sept 10 (Reuters) - The Federal Reserve bought $29.69 billion of agency mortgage-backed securities in the week from Sep. 3 to Sep. 9, compared with $24.768 billion purchased the previous wee...
Sep 10, 2020
Tesla shares rebound from steep rout
By Noel Randewich (Reuters) - Shares of Tesla jumped 5% on Thursday, winning back gains for a second day after suffering their worst one-session rout ever earlier this week. The electric car maker's r...
Sep 10, 2020
JPMorgan executives tell trading-floor staff to come back to office: WSJ
(Reuters) - JPMorgan Chase & Co executives told senior employees of the bank's sales and trading operation that they and their teams must return to the office by Sept. 21, the Wall Street Journal repo...
Sep 10, 2020
Latin America’s battered tourism sector to see $230 billion in losses this year: WTTC
MEXICO CITY (Reuters) - The coronavirus pandemic is this year expected to trigger 12.4 million job cuts and losses worth $230 billion in the decimated tourism industry in Latin America and the Caribbe...
Sep 10, 2020
Tesla launches fast electric car charging in Berlin, says more cities to come
By Vera Eckert BERLIN (Reuters) - Managers at electric carmaker Tesla Inc on Thursday demonstrated new supercharger equipment on a Berlin research campus, saying they were looking at more target citie...
Sep 10, 2020
