Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
GoodRx shares jump 40% in Nasdaq debut after over $1 billion IPO
(Reuters) - Shares of GoodRx Holdings Inc surged 40% in their debut on the Nasdaq on Wednesday after the online prescription drug platform raised $1.14 billion in its upsized initial public offering. ...
Sep 23, 2020
Eight more Volkswagen employees charged in diesel scandal
HAMBURG (Reuters) - German prosecutors said on Wednesday they had charged another eight employees of auto maker Volkswagen over the scandal surrounding cheating on diesel engine emission tests. The ei...
Sep 23, 2020
Powell: Congress and Fed both need to ‘stay with it’ to bolster recovery
WASHINGTON (Reuters) - The U.S. Congress and the Federal Reserve both need to "stay with it" in working to bolster the economic recovery, Federal Reserve Chair Jerome Powell said on Wednesday. Despite...
Sep 23, 2020
Premier Oil seeks another price cut for BP North Sea deal: sources
By Clara Denina and Ron Bousso LONDON (Reuters) - Struggling oil and gas producer Premier Oil has begun talks with BP to lower for the second time a $210 million deal to acquire stakes in two North Se...
Sep 23, 2020
Fed’s Rosengren says increased COVID infections, lack of fiscal support could slow recovery
(Reuters) - The economic recovery will likely be more gradual in fall and winter if coronavirus infections rise and if Congress fails to provide more fiscal support, Boston Federal Reserve President E...
Sep 23, 2020
How dollar weakness is becoming a Swiss problem
By John Revill and Elizabeth Howcroft LONDON (Reuters) - After years of intervening to dampen the Swiss franc's exchange rate against the euro, Switzerland's authorities may be embarking on another, p...
Sep 23, 2020
Exclusive: How a marked-up term sheet and messy rollout threw TikTok deal into disarray
By Stephen Nellis, David Shepardson and Echo Wang SAN FRANCISCO/WASHINGTON/NEW YORK (Reuters) - As China's ByteDance raced to seal a deal with Oracle Corp and Walmart Inc to keep its video-sharing app...
Sep 23, 2020
UK’s Sunak to focus on wage support as furlough scheme ends: BBC
LONDON (Reuters) - British finance minister Rishi Sunak is looking at topping up underemployed workers' wages rather than taking a sector-by-sector approach after his original furlough scheme expires ...
Sep 23, 2020
U.S. House Democrats unveil democracy protection package aimed at Trump
WASHINGTON (Reuters) - Democrats in the U.S. Congress on Wednesday unveiled a new package of democratic reforms aimed at President Donald Trump, saying it would curb future presidential abuse and prot...
Sep 23, 2020
Fed’s Evans says he doesn’t fear 2.5% inflation, or even above
(Reuters) - The Federal Reserve will keep interest rates at zero until the economy reaches full employment, inflation is "sustainably" at 2% and the Fed is confident it will overshoot that goal, Chica...
Sep 23, 2020
