Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Nokia moves to Google Cloud, signs five-year deal
(Reuters) - Finland's Nokia has signed a 5-year deal with Google to replace its IT infrastructure, including data centers, with Google's Cloud offering as the network equipment maker seeks to cut cost...
Oct 14, 2020
Goldman Sachs profit nearly doubles on trading surge
(Reuters) - Goldman Sachs Group Inc reported a 94% rise in quarterly profit on Wednesday that swept past estimates, driven by strength in its bond trading business and lower provisions for credit loss...
Oct 14, 2020
IEA says refining throughput set for quarterly rise
By Bozorgmehr Sharafedin LONDON (Reuters) - Global refining throughput will increase in the last quarter of the year by more than 2 million barrels per day (bpd), the International Energy Agency (IEA)...
Oct 14, 2020
Airline ANA to receive $3.8 billion from banks: Kyodo
TOKYO (Reuters) - Japanese airline operator ANA Holdings Inc is set to receive 400 billion yen ($3.8 billion) in subordinated loans from multiple banks as the company grapples with a slump in air trav...
Oct 14, 2020
EU extends until March 27 waiver of rule that airlines use slots
BRUSSELS (Reuters) - The European Union will extend until March 27 a waiver of the requirement that airlines use 80% of their take-off and landing slots, to help an industry still suffering during the...
Oct 14, 2020
Macy’s names retail consulting exec Adrian Mitchell as CFO
(Reuters) - Macy's Inc said on Wednesday Adrian Mitchell, a managing director at Boston Consulting Group, will take over as the department store operator's chief financial officer in November. Mitchel...
Oct 14, 2020
Senator Warren slams Disney for layoffs, executives’ salaries
By Jessica DiNapoli NEW YORK (Reuters) - U.S. Senator Elizabeth Warren slammed Walt Disney Co's move to lay off 28,000 workers while making shareholder payouts in the years leading up to the COVID-19 ...
Oct 14, 2020
Bank of America profit falls on pandemic woes
(Reuters) - Bank of America Corp reported a 15.8% drop in quarterly profit on Wednesday, hit by higher provisions for credit losses due to the COVID-19 pandemic. Net income applicable to common shareh...
Oct 14, 2020
SoftBank and Nippon Express to launch fleet management service: source
TOKYO (Reuters) - Wireless carrier SoftBank Corp and logistics firm Nippon Express plan to launch a joint venture offering fleet management services for small and medium-sized logistics firms, a sourc...
Oct 14, 2020
Futures muted ahead of next batch of bank earnings
By Medha Singh (Reuters) - Futures tracking the S&P 500 were flat on Wednesday on doubts about more fiscal stimulus following an impasse in Washington and ahead of the next batch of quarterly bank ear...
Oct 14, 2020
