Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mnuchin declines to say if U.S. COVID-19 aid deal can be reached
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday that the White House and top Democrats in Congress may not be able to reach a deal on coronavirus aid, in the fifth day ...
Aug 12, 2020
Saudi Aramco plans further spending cuts to pay for dividend: FT
(Reuters) - Saudi Aramco plans to cut its capital spending to a range of $20 billion to $25 billion this year to pay a $75 billion dividend it pledged to investors during its initial public offering l...
Aug 12, 2020
Next Lebanon government to face $30 billion reform test
By Tom Arnold and Ghaida Ghantous LONDON/BEIRUT (Reuters) - Lebanon may be in line for $298 million in emergency aid after the Beirut port blast, but the more than $30 billion some estimate it may nee...
Aug 12, 2020
Microsoft prices its dual-screen Android phone at $1,399, will arrive Sept 10
By Stephen Nellis (Reuters) - Microsoft Corp on Wednesday said the Surface Duo, its dual-screen smartphone powered by Alphabet Inc's Android operating system, will start at a price of $1,399 and arriv...
Aug 12, 2020
Pompeo says tide is turning against untrusted 5G networks
PRAGUE (Reuters) - There is growing understanding among many countries that security issues must be taken into account when developing new-generation 5G communication networks, U.S. Secretary of State...
Aug 12, 2020
Brazil can live with record debt, deficits despite the noise
By Jamie McGeever BRASILIA (Reuters) - Brazil is amassing a record debt that has evoked memories of crises past in South America's largest economy, but some economists say rock-bottom interest rates a...
Aug 12, 2020
From carats to peanuts: how a pandemic upended the global diamond industry
By Helen Reid, Tanisha Heiberg and Rajendra Jadhav JOHANNESBURG/MUMBAI - As the coronavirus pandemic upended the global diamond industry, shuttering mines from Lesotho to Canada and disrupting supply ...
Aug 12, 2020
Electric carmakers seek out blank-check firms for funding as virus spooks private markets
By Ben Klayman, Joshua Franklin and Paul Lienert (Reuters) - Electric commercial truck maker Nikola Corp of Phoenix, Arizona, tried unsuccessfully to raise $1 billion in the private markets and only t...
Aug 12, 2020
Futures jump as higher oil prices boost energy stocks
By Medha Singh (Reuters) - U.S. stock index futures rose on Wednesday following a pullback on Wall Street in the previous session, as resilient fuel demand drove up oil prices, while investors remaine...
Aug 12, 2020
U.S. companies should consider slavery reparations, Vista Equity CEO says
By Jessica DiNapoli (Reuters) - The COVID-19 pandemic has hit Black Americans especially hard after decades of social and economic injustices, but it also presents an opportunity for systemic change, ...
Aug 12, 2020
