Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Daimler posts forecast-beating results as demand rebounds
FRANKFURT (Reuters) - Carmaker Daimler on Thursday posted forecast-beating third-quarter results, citing a faster than expected market recovery and strong business in September. Third-quarter earnings...
Oct 15, 2020
Fed’s Barkin says hiring could recover slowly as companies streamline
(Reuters) - Spending by consumers and businesses could increase as people become more confident about the economy, but it could take longer for the labor market to recover because of mismatches in the...
Oct 15, 2020
U.S. stock funds attract $4.5 billion in week: Lipper
(Reuters) - U.S.-based stock funds in the week ended Wednesday posted $4.5 billion in inflows, according to Lipper. Taxable bond funds attracted $11.2 billion, while U.S. money market funds shed $18.9...
Oct 15, 2020
Trump administration sets Gulf of Mexico drilling auction for Nov. 18
(Reuters) - The Trump administration on Thursday said it would offer all available areas in the Gulf of Mexico for auction to oil and gas drillers on Nov. 18, the first major test of the offshore sect...
Oct 15, 2020
Canada invests in small modular nuclear technology, eyes net-zero future
By Julie Gordon OTTAWA (Reuters) - The Canadian government took a tentative step forward on its national small modular reactor (SMR) plan on Thursday, with an investment to help an Ontario company edg...
Oct 15, 2020
Tenth of pandemic stimulus spend could help world reach climate goals: study
By Matthew Green LONDON (Reuters) - The world could get on track to avert catastrophic climate change by investing a tenth of a planned $12 trillion in pandemic recovery packages in reducing dependenc...
Oct 15, 2020
France’s Renault draws down part of state-backed loan
PARIS (Reuters) - French carmaker Renault has drawn down part of a 5 billion-euro ($5.85 billion) loan guaranteed by the French government, put in place earlier this year to shore up its finances duri...
Oct 15, 2020
Fiat Chrysler to invest up to $1.5 billion to build EVs at Canadian plant
(Reuters) - Fiat Chrysler Automobiles NV will invest between $1.35 billion and $1.5 billion in its Windsor assembly plant in Canada to build electric vehicles as part of a tentative deal with Canadian...
Oct 15, 2020
U.S. charges Houston technology mogul Robert Brockman with tax, securities fraud
By Sarah N. Lynch WASHINGTON (Reuters) - Federal prosecutors said on Thursday they had charged Houston-based technology executive Robert Brockman with hiding $2 billion in income from the IRS over 20 ...
Oct 15, 2020
Driverless race steps up with Cruise allowed to drive empty in San Francisco
By Jane Lanhee Lee OAKLAND, Calif. (Reuters) - The race for driverless autonomous vehicles is heating up and on Thursday Cruise became the first to receive a permit to test cars without anyone in them...
Oct 15, 2020
