Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
BP: preparing to restore ops at Gulf of Mexico facilities
(Reuters) - BP Plc on Thursday said its preparing to return its Gulf of Mexico facilities to operations after shutting production due to tropical storm Marco and Hurricane Laura. The company said it w...
Aug 27, 2020
White House adviser Kudlow says administration has no view on who purchases TikTok
WASHINGTON (Reuters) - White House adviser Larry Kudlow said on Monday the Trump administration did not have a view on who purchases the social media company TikTok. Walmart Inc said on Monday it was ...
Aug 27, 2020
Fed’s Kaplan says he could tolerate 2.25%, 2.5% inflation
(Reuters) – Dallas Federal Reserve Bank President Robert Kaplan said Thursday that he would not feel comfortable allowing inflation to stay at 3% for a year and not raise interest rates, but he ...
Aug 27, 2020
Chinese EV maker Xpeng shares jump 54% in NYSE debut
(Reuters) - Chinese electric vehicle maker Xpeng Inc's shares jumped 54% in their debut on the New York Stock Exchange on Thursday, after raising $1.5 billion in its upsized initial public offering. S...
Aug 27, 2020
EV startup Bollinger plans electric delivery van in 2022
By Nick Carey (Reuters) - Startup electric vehicle company Bollinger Motors said on Thursday it plans to make an all-electric delivery van starting in 2022, joining a growing field of manufacturers vy...
Aug 27, 2020
GoPro launches live streaming service for premium subscribers
(Reuters) - Action camera maker GoPro Inc said on Thursday its premium subscribers can now live stream their treks, rides and swims directly on to its website. Earlier, users with high-end GoPro actio...
Aug 27, 2020
Walmart partners with Microsoft for TikTok bid: CNBC
(Reuters) - Walmart Inc is partnering with Microsoft Corp in the software maker's bid to buy Bytedance-owned TikTok, CNBC reported on Thursday. Walmart did not immediately respond to Reuters request f...
Aug 27, 2020
What is the Fed’s new policy framework, and why does it matter?
(Reuters) - Here are five things to know about the Federal Reserve's new strategy for achieving stable prices and maximum employment. The landmark policy shift was announced on Thursday. WHAT'S THE NE...
Aug 27, 2020
U.S. energy firms tally hurricane damage, plot restarts as Laura races north
By Erwin Seba HOUSTON (Reuters) - U.S. energy companies on Thursday were organizing crews and beginning to review offshore Gulf of Mexico platforms and assess damage to coastal operations as Hurricane...
Aug 27, 2020
World Bank halts country business climate report to probe data irregularities
WASHINGTON (Reuters) - The World Bank Group said on Thursday it was pausing publication of its 'Doing Business' report to probe data collection irregularities in the closely watched annual ranking of ...
Aug 27, 2020
