Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Powell to testify before House on coronavirus economic response on Sept. 23
WASHINGTON (Reuters) - Federal Reserve Chairman Jerome Powell will testify on Sept. 23 before a House panel on the central bank's response to the coronavirus pandemic, the committee said in a statemen...
Sep 16, 2020
Chip group to warn the Trump admin against blacklisting China’s SMIC: document
By Alexandra Alper and Karen Freifeld WASHINGTON (Reuters) - Companies that supply the chip sector with sophisticated and expensive equipment plan to warn the Trump administration against a proposal t...
Sep 16, 2020
BOJ to hold fire, signal resolve to work closely with Suga’s new cabinet
By Leika Kihara TOKYO (Reuters) - The Bank of Japan is set to keep monetary policy steady on Thursday and stress its readiness to work closely with the new government led by Yoshihide Suga, who has vo...
Sep 16, 2020
Trump administration considering at least $300 million cash aid to refiners: sources
NEW YORK (Reuters) - The Trump administration is considering at least $300 million in cash aid to U.S. oil refiners that are denied exemptions to U.S. biofuel blending laws for the 2019 compliance yea...
Sep 16, 2020
Sony PlayStation 5 to launch November priced $499.99 and $399.99
TOKYO/STOCKHOLM (Reuters) - Sony Corp said on Wednesday the next-generation PlayStation 5 console would launch in November priced at $499.99 and $399.99 for a version without a disk drive, as it squar...
Sep 16, 2020
Foreign holdings of U.S. Treasuries rise for third month in July: data
NEW YORK (Reuters) - Foreign holdings of U.S. Treasuries grew for a third straight month in July, data from the U.S. Treasury department showed on Wednesday. Overseas investors held $7.087 trillion in...
Sep 16, 2020
U.S. House lawmakers seek review of delayed U.S. auto safety rules
By David Shepardson WASHINGTON (Reuters) - Three senior Democrats in the U.S. House of Representatives on Wednesday asked government auditors to study why U.S. auto safety regulators have failed to wr...
Sep 16, 2020
Cash-strapped El Al Israel Airlines raises $148 million in share offering
By Steven Scheer and Rami Ayyub TEL AVIV (Reuters) - Cash-strapped El Al Israel Airlines raised $148 million in a government-mandated share offering on Wednesday that will enable it to receive a state...
Sep 16, 2020
Goldman Sachs names new co-COO of global TMT banking: memo
By Krystal Hu (Reuters) - Goldman Sachs Group promoted Barry O'Brien to co-chief operating officer of its global tech, telecom and media investment (TMT) banking team, according to a memo seen by Reut...
Sep 16, 2020
Nikola short-sellers feel the squeeze as stock bounces
(Reuters) - Shares of Nikola Corp on Wednesday reversed course to trade up as much as 6% from premarket losses, resulting in $24 million in mark-to-market losses for those betting against the stock, a...
Sep 16, 2020
