Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Americans splurged over Labor Day weekend. That’s the good news
By Howard Schneider WASHINGTON (Reuters) - People flocked to stores - and back to restaurants - over Labor Day weekend in the United States, setting post-pandemic highs for retail foot traffic and sea...
Sep 10, 2020
Volkswagen’s Skoda Auto aims to shift some production, union says
PRAGUE (Reuters) - Volkswagen's Czech unit Skoda Auto plans to shift production of some high-earning models to other VW group plants in other countries, the carmaker's trade union boss said in an arti...
Sep 10, 2020
Atlantia, CDP still at loggerheads on Italy motorway unit deal: sources
MILAN (Reuters) - Italy's Atlantia and state lender Cassa Depositi e Prestiti (CDP) are still at loggerheads in talks over the future of the infrastructure group's tollroad unit Autostrade per l'Itali...
Sep 10, 2020
U.S. Senate panel chair questions JPMorgan over allegations of loan misuse
WASHINGTON (Reuters) - The head of the U.S. Senate Small Business panel on Thursday questioned JPMorgan chase & Co's chief executive following reports that several bank employees misused federal loans...
Sep 10, 2020
Democrats unveil green alternative for U.S. economic stimulus
By Valerie Volcovici WASHINGTON (Reuters) - Democratic lawmakers on Thursday unveiled a U.S. economic recovery agenda that would bolster union jobs while tackling climate change and racial injustice -...
Sep 10, 2020
IMF underscores need for audit of Lebanese central bank
WASHINGTON (Reuters) - The International Monetary Fund said on Thursday its discussions with Lebanese authorities are focused on the need for an accounting and financial audit of the balance sheet of ...
Sep 10, 2020
Ex-Theranos CEO Holmes puts mental state at issue, to be examined by U.S. experts
By Jonathan Stempel (Reuters) - A federal judge ordered former Theranos Inc Chief Executive Elizabeth Holmes to be examined by U.S. government experts, after lawyers defending her against criminal fra...
Sep 10, 2020
Nikola, short seller Hindenburg clash over critical report
(Reuters) - Shares of Nikola Corp fell 8% on Thursday after Hindenburg Research shorted the stock and labeled the electric truck maker a "fraud" in a scathing report, evoking a sharp response from the...
Sep 10, 2020
Exclusive: Lithium giant Albemarle locks horns with Chile over reserves data
By Dave Sherwood SANTIAGO (Reuters) - Albemarle , the world's largest lithium producer, is locked in a feud with Chilean regulators over how it calculates its reserves of the ultralight metal, a poten...
Sep 10, 2020
Ex-Trump adviser Cohn, Robbins raises extra $108 million for blank-check company: source
By Joshua Franklin BOSTON (Reuters) - Gary Cohn, the former economic adviser to U.S. President Donald Trump and investor Clifton S. Robbins have upped the funds raised for their blank-check acquisitio...
Sep 10, 2020
