Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Nikola, short seller Hindenburg clash over critical report
(Reuters) - Shares of Nikola Corp fell 8% on Thursday after Hindenburg Research shorted the stock and labeled the electric truck maker a "fraud" in a scathing report, evoking a sharp response from the...
Sep 10, 2020
Exclusive: Lithium giant Albemarle locks horns with Chile over reserves data
By Dave Sherwood SANTIAGO (Reuters) - Albemarle , the world's largest lithium producer, is locked in a feud with Chilean regulators over how it calculates its reserves of the ultralight metal, a poten...
Sep 10, 2020
Ex-Trump adviser Cohn, Robbins raises extra $108 million for blank-check company: source
By Joshua Franklin BOSTON (Reuters) - Gary Cohn, the former economic adviser to U.S. President Donald Trump and investor Clifton S. Robbins have upped the funds raised for their blank-check acquisitio...
Sep 10, 2020
U.S. has charged 57 people in PPP fraud cases, Justice Department says
WASHINGTON (Reuters) - The Justice Department has charged 57 people since May with trying to steal more than $175 million from the Paycheck Protection Program designed to help Americans during the cor...
Sep 10, 2020
Japan’s Suga: Will have to call for sales tax hike in future
By Leika Kihara TOKYO (Reuters) - Japan will need to increase its sales taxes in future as the population declines, the front-runner to become the next prime minister said on Thursday. Yoshihide Suga,...
Sep 10, 2020
Exclusive: Saudi sovereign fund PIF weighs investing in Ant IPO – sources
By Saeed Azhar DUBAI (Reuters) - Saudi Arabia's sovereign fund PIF is weighing a potential investment in the initial public offering of Chinese financial technology firm Ant Group, two sources familia...
Sep 10, 2020
NatWest taps 5 billion pounds in Bank of England COVID funds
LONDON (Reuters) - State-backed bank NatWest Group tapped 5 billion pounds ($6.47 billion) from a Bank of England fund set up to support lending to struggling small businesses in the pandemic, BoE dat...
Sep 10, 2020
Senate panel to take up FAA aircraft certification reform bill
By David Shepardson (Reuters) - The U.S. Senate Commerce Committee on Sept. 16 will hold a hearing to consider a bill to strengthen U.S. oversight of aircraft certification following two fatal Boeing ...
Sep 10, 2020
Canary Islands aim for quick tourist testing to save winter season
MADRID/LAS PALMAS (Reuters) - The Canary Islands' hoteliers said on Thursday they are in talks with regional and national authorities to set up quick coronavirus testing for tourists to try and save a...
Sep 10, 2020
Internal Market bill gives Britain legal framework for trade, says Gove
LONDON (Reuters) - Britain's Internal Market bill is an economic measure that gives a legal framework for the country's market post-Brexit, minister Michael Gove said on Thursday, describing legislati...
Sep 10, 2020
