Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Apple removes Fortnite game from App Store
(Reuters) - Apple Inc said on Thursday it removed popular video game Fortnite from its App Store after developer Epic Games enabled a direct payment feature that violated the iPhone maker's in-app pay...
Aug 13, 2020
Toyota, Mazda joint venture Alabama plant will now cost $2.3 billion
WASHINGTON (Reuters) - Toyota Motor Corp and Mazda Motor Corp said on Thursday they will now invest $2.3 billion in a new joint venture Alabama factory, $830 million more than announced in their origi...
Aug 13, 2020
Two Republican senators ask FTC to investigate TikTok’s data collection practices
WASHINGTON (Reuters) - Two prominent U.S. Republican senators sent a letter to the Federal Trade Commission on Thursday asking for an investigation of video-sharing app TikTok's consumer data collecti...
Aug 13, 2020
Trump to nominate Robert Benedict Bowes as U.S. CFTC commissioner
WASHINGTON (Reuters) - President Donald Trump will nominate Robert Benedict Bowes to serve as a commissioner of the Commodity Futures Trading Commission, according to a White House statement issued on...
Aug 13, 2020
Uber, Lyft lose bid for delay in California driver injunction
(Reuters) - A California judge on Thursday refused to grant Uber Technologies Inc and Lyft Inc more time to appeal his decision requiring the ride-hailing companies to classify drivers in that state a...
Aug 13, 2020
COVID-19 to weigh on U.S. seaport peak shipping season
By Lisa Baertlein LOS ANGELES (Reuters) - Imports at major U.S. container seaports could hit their lowest level in four years as the novel coronavirus pandemic pummels a U.S. economy that was already ...
Aug 13, 2020
Mexican central bank cuts key interest rate 50 basis points to 4.5%
MEXICO CITY (Reuters) - Mexico's central bank on Thursday cut its key interest rate by 50 basis points to 4.5% in a majority decision by its five board members, bringing the rate to its lowest level i...
Aug 13, 2020
Citron’s Andrew Left digs in heels on GSX short after 200% rally
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Short-seller Andrew Left is betting the Trump Administration's hardening line on U.S.-listed Chinese companies will help derail a rally in the shares of GSX T...
Aug 13, 2020
Weak demand for record-size 30-year U.S. debt auction
By Kate Duguid NEW YORK (Reuters) - The record-size auction of $26 billion 30-year bonds by the U.S. Treasury Department on Thursday sold poorly, with the bid-to-cover ratio, a measure of overall dema...
Aug 13, 2020
U.S. Fed buys $39.9 billion of mortgage bonds, sells $17.85 billion
NEW YORK, Aug 13 (Reuters) - The Federal Reserve bought $39.871 billion of agency mortgage-backed securities in the week from Aug. 6 to Aug. 12, compared with $30.223 billion purchased the previous we...
Aug 13, 2020
