Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Delaware judge fast-tracks Tiffany’s case on $16 billion LVMH deal, setting January trial
By Jessica DiNapoli and Tom Hals NEW YORK (Reuters) - A Delaware Chancery Court justice on Monday agreed to fast-track Tiffany & Co's lawsuit against French luxury goods conglomerate LVMH for trying t...
Sep 21, 2020
U.S. policymakers seize on FinCEN leaks to press for stepped up money-laundering fight
By Pete Schroeder WASHINGTON (Reuters) - Advocates of legislation to beef up the U.S. fight against money laundering made a fresh push on Monday to get Congress to act, after new revelations that some...
Sep 21, 2020
Fed’s Powell says central bank committed to using all tools to help recovery
(Reuters) - The Federal Reserve remains committed to using all the tools at its disposal to help the U.S. economy recover from the blow delivered by the coronavirus pandemic, Chair Jerome Powell said ...
Sep 21, 2020
Trump says TikTok deal ‘working its way through’
WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday a deal to expand American ownership of Chinese-owned popular social media app TikTok was "working its way through," after publicly ble...
Sep 21, 2020
U.S. gasoline prices slump as storm fears wane, demand concerns return
By Stephanie Kelly and Laura Sanicola NEW YORK (Reuters) - U.S. gasoline prices tumbled in Monday's energy market selloff, as worries about weak demand for fuel returned as the threat of Tropical Stor...
Sep 21, 2020
SoftBank, General Atlantic invest $107 million in Brazil’s Acesso Digital
SAO PAULO (Reuters) - U.S. private equity firm General Atlantic LLC and Japan's SoftBank Group Corp are leading a 580 million reais ($107.25 million) funding round in Brazilian facial biometrics and d...
Sep 21, 2020
Fed’s new zero-rate vow has Kaplan worried on market excesses
(Reuters) - U.S. Dallas Federal Reserve President Robert Kaplan said Monday he is "completely" on board with keeping interest rates at their current near-zero level even into 2023, but worries a vow t...
Sep 21, 2020
Volkswagen ID.4 electric SUV to come with three years of unlimited charging
(Reuters) - Volkswagen AG will provide owners of its ID.4 compact electric sport utility vehicle with three years of unlimited charging in the United States at no additional cost to the vehicle's pric...
Sep 21, 2020
Gold slides 3% on strong dollar, stimulus concerns; silver tumbles
By Arundhati Sarkar (Reuters) - Gold slumped over 3% on Monday, sliding to its lowest level in more than a month, as a broader market sell-off driven by uncertainty over more U.S. fiscal stimulus pres...
Sep 21, 2020
U.S. bank regulator fines three former Wells Fargo executives for roles in sales scandal
WASHINGTON (Reuters) - A U.S. bank regulator announced Monday it had fined three former executives at Wells Fargo Bank for their roles in the company's long-running sales practices scandal. The Office...
Sep 21, 2020
