Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ex-Trump adviser Cohn raises more than planned in blank-check IPO
By Joshua Franklin BOSTON (Reuters) - Gary Cohn, the former economic adviser to U.S. President Donald Trump, raised $720 million on Tuesday in an initial public offering (IPO) for a new blank-check ac...
Sep 08, 2020
Under Armour to lay off 600 employees globally
(Reuters) - Sportswear maker Under Armour Inc said on Tuesday it will lay off about 600 employees from its global workforce, citing the impact brought on by the coronavirus pandemic to its business. T...
Sep 08, 2020
German carmakers, gov’t to look at boosting suppliers’ equity capital
BERLIN (Reuters) - German Chancellor Angela Merkel's government and representatives of its powerful auto industry agreed on Tuesday to look in to possible ways of strengthening the equity capital of c...
Sep 08, 2020
Unilever CEO expects shareholder support for UK HQ move
(Reuters) - Unilever expects shareholders to support its plan to unify its headquarters in London and scrap its Dutch base and believes a potential law enacting an "exit tax" in the Netherlands would ...
Sep 08, 2020
U.S. credit spreads unlikely to tighten much further, says UBS
By Kate Duguid NEW YORK (Reuters) - The U.S. corporate bond market has made a dramatic recovery from the early stages of the coronavirus pandemic, but it is unlikely to improve further in the near ter...
Sep 08, 2020
Slack beats second-quarter revenue estimates
(Reuters) - Slack Technologies Inc beat quarterly revenue estimates on Tuesday as more companies signed on to its workplace messaging app to keep their employees working from home connected amid the C...
Sep 08, 2020
Mexican economy seen growing 4.6% in 2021 in draft budget plan
By Diego Or and Stefanie Eschenbacher MEXICO CITY (Reuters) - Mexico's economy will likely grow by 4.6% next year, according to a draft budget proposal published on Tuesday, suggesting the road to rec...
Sep 08, 2020
Apple seeks damages from ‘Fortnite’ creator in App Store dispute
By Stephen Nellis (Reuters) - Apple Inc on Tuesday filed counter claims against "Fortnite" creator Epic Games asking for lost App Store fees and other damages, and seeking an order to stop the game ma...
Sep 08, 2020
Airbus jet deliveries slip in August, stays ahead of Boeing
PARIS (Reuters) - Airbus deliveries slipped in August, slowing its recovery from the coronavirus demand meltdown, but the European planemaker remained well in front of its beleaguered U.S. rival Boein...
Sep 08, 2020
Ryanair threatens winter base closures at Ireland’s Shannon, Cork: RTE
DUBLIN (Reuters) - Ryanair has told staff at Shannon and Cork airports in the south of Ireland that it intends to close both bases for the winter unless the government relaxes strict travel restrictio...
Sep 08, 2020
