Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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...
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 ...
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...
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 ...
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...
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...
Aug 17, 2020
Apple’s ‘extreme’ app policies give Google defense in Fortnite antitrust suit
By Paresh Dave OAKLAND, Calif. (Reuters) - Alphabet Inc's Google has a better chance than Apple Inc at defeating Fortnite video game maker Epic Games in court over its allegations the two companies br...
Aug 17, 2020
Japan calls for G7 coordination to spur global growth, combat pandemic, finance minister Aso says
TOKYO (Reuters) - Japan hopes to coordinate with its Group of Seven partners in seeking a swift containment of the coronavirus pandemic and a strong recovery in the global economy, Japanese Finance Mi...
Aug 17, 2020
EasyJet confirms UK base closures as travel pain continues
LONDON (Reuters) - British airline easyJet confirmed on Monday it would close three of its bases in the United Kingdom resulting in the loss of up to 670 jobs as the coronavirus pandemic continues to ...
Aug 17, 2020
Diageo to buy Ryan Reynolds’ Aviation Gin, Davos Brands in $610 million deal
(Reuters) - Diageo , the world's largest spirits maker, said on Monday it was buying Aviation American Gin, co-owned by Hollywood actor Ryan Reynolds, through the acquisition of Aviation Gin LLC and D...
Aug 17, 2020
