(Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

Bitcoin hits highest in 13 months as 2020 rally gathers steam

LONDON (Reuters) - Bitcoin jumped to its highest in over a year on Monday, adding to a 2020 rally that has seen it more than treble in price since March. The biggest cryptocurrency gained 4.4% to $12,...

Syndicated Content Aug 17, 2020

G7 ministers to consider extending debt freeze for low-income countries: Treasury

By Andrea Shalal WASHINGTON (Reuters) - Finance ministers from the Group of Seven rich countries on Monday noted improved economic conditions in their economies, but underscored their concerns about t...

Syndicated Content Aug 17, 2020

American Express to acquire online lender Kabbage

NEW YORK (Reuters) - American Express said on Monday it would buy fintech lender and platform Kabbage in a move aimed at bolstering its cash management offering to small businesses. Financial terms of...

Syndicated Content Aug 17, 2020

SoftBank builds $1.2 billion Amazon stake; invests in Netflix, Tesla

By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp has built a stake worth around $1.2 billion in e-commerce firm Amazon , regulatory filings showed on Monday, as the tech conglomerate expands its in...

Syndicated Content Aug 17, 2020

BA jumbo heads to scrapheap as 747 fleet retirement starts

LONDON (Reuters) - British Airways said the retirement of its jumbo jet fleet will start on Tuesday when the first of its 31 remaining Boeing 747s takes off from Heathrow and heads to Spain to be scra...

Syndicated Content Aug 17, 2020

Lowe’s seen gaining on Home Depot in lockdown DIY boom

By Uday Sampath Kumar (Reuters) - Lowe's Co Inc is expected to edge past rival Home Depot with what could be its biggest growth in quarterly same-store sales in at least a decade, benefiting from its ...

Syndicated Content Aug 17, 2020

Exclusive: Nigeria’s $1.5 billion World Bank loan delayed over reforms, say sources

By Chijioke Ohuocha and Libby George ABUJA/LAGOS (Reuters) - The World Bank is unlikely to approve a much-needed $1.5 billion for Nigeria in August as planned due to concerns over desired reforms, thr...

Syndicated Content Aug 17, 2020

U.S. homebuilder confidence matches record high

(Reuters) - U.S. home builder confidence rose for a third straight month in August to match a record high as record-low interest rates spur a surge in customer traffic, especially in suburban markets ...

Syndicated Content Aug 17, 2020

Exclusive: Amazon in talks to invest in cloud services company Rackspace, say sources

By Greg Roumeliotis and Krystal Hu (Reuters) - Amazon.com Inc is in preliminary talks to invest in U.S. cloud services provider Rackspace Technology Inc, people familiar with the discussion said on Mo...

Syndicated Content Aug 17, 2020

Court throws out Tiffany’s judgment against Costco over fake ‘Tiffany’ rings

By Jonathan Stempel NEW YORK (Reuters) - A federal appeals court on Monday overturned Tiffany & Co's $21 million judgment against Costco Wholesale Corp over the warehouse club chain's sale of unbrande...

Syndicated Content Aug 17, 2020

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I grew up in Parchment, I've lived in the Kalamazoo area my entire life and it's been my privilege to have been behind the microphone on the radio serving you for more than 50 years! "Kalamazoo Mornings with Ken Lanphear" is a positive way to start y...