Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. corporate spending plans could stumble as risks rise
By Caroline Valetkevitch NEW YORK (Reuters) - An expected rebound in capital expenditures for U.S. companies could be more at risk, as concerns over the economic recovery and a possible contested U.S....
Oct 28, 2020
Visa profit falls 23% as payment volumes plunge
By Imani Moise and Niket Nishant (Reuters) - Visa Inc missed Wall Street estimates for fourth quarter profit on Wednesday, as high unemployment due to the coronavirus-induced recession continued to we...
Oct 28, 2020
Ford posts stronger-than-expected quarterly profit, expects full-year pretax profit
By Ben Klayman and Paul Lienert DETROIT (Reuters) - Ford Motor Co on Wednesday posted a better-than-expected quarterly profit on strong U.S. demand for pickups and SUVs, and forecast a full-year preta...
Oct 28, 2020
EBay beats quarterly profit estimates, forecasts current-quarter sales above expectations
(Reuters) - EBay Inc's quarterly profit topped Wall Street expectations on Wednesday and the e-commerce company forecast fourth-quarter sales above estimates, as people staying at home due to the COVI...
Oct 28, 2020
Osteoporosis drug helps Amgen third-quarter profit beat estimates
By Deena Beasley (Reuters) - Amgen Inc on Wednesday said its third-quarter adjusted profit rose 17% due to stronger sales of drugs including the osteoporosis treatment Prolia and recently-acquired pso...
Oct 28, 2020
Gilead quarterly revenue rises 17% on remdesivir sales
(Reuters) - Gilead Sciences Inc reported a 17% rise in quarterly revenue on Wednesday, helped by sales of its antiviral drug remdesivir, the first and only treatment approved in the United States for ...
Oct 28, 2020
Pinterest beats quarterly sales estimates
(Reuters) - Image-sharing company Pinterest Inc beat Wall Street estimates for third-quarter revenue on Wednesday, helped by a rebound in spending on advertisement by businesses after a deep slump in ...
Oct 28, 2020
SoftBank attempted to delay WeWork’s $3 billion share purchase: court filing
By Joshua Franklin and Anirban Sen (Reuters) - SoftBank Group CEO Masayoshi Son told the executive he tasked to turn around WeWork after its botched initial public offering to "use whatever excuse" to...
Oct 28, 2020
Google steps up campaign against EU push for tough new tech rules
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet Inc unit Google has launched a 60-day strategy to counter the European Union's push for tough new tech rules by getting U.S. allies to push back against t...
Oct 28, 2020
EU arms itself against U.S. and others in trade disputes
BRUSSELS (Reuters) - The European Union will arm itself with potential punitive tariffs against the United States and other rivals if they take advantage of World Trade Organization paralysis and refu...
Oct 28, 2020
