Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. credit spreads unlikely to tighten much further, says UBS
By Kate Duguid NEW YORK (Reuters) - The U.S. corporate bond market has made a dramatic recovery from the early stages of the coronavirus pandemic, but it is unlikely to improve further in the near ter...
Sep 08, 2020
Slack beats second-quarter revenue estimates
(Reuters) - Slack Technologies Inc beat quarterly revenue estimates on Tuesday as more companies signed on to its workplace messaging app to keep their employees working from home connected amid the C...
Sep 08, 2020
Mexican economy seen growing 4.6% in 2021 in draft budget plan
By Diego Or and Stefanie Eschenbacher MEXICO CITY (Reuters) - Mexico's economy will likely grow by 4.6% next year, according to a draft budget proposal published on Tuesday, suggesting the road to rec...
Sep 08, 2020
Apple seeks damages from ‘Fortnite’ creator in App Store dispute
By Stephen Nellis (Reuters) - Apple Inc on Tuesday filed counter claims against "Fortnite" creator Epic Games asking for lost App Store fees and other damages, and seeking an order to stop the game ma...
Sep 08, 2020
Airbus jet deliveries slip in August, stays ahead of Boeing
PARIS (Reuters) - Airbus deliveries slipped in August, slowing its recovery from the coronavirus demand meltdown, but the European planemaker remained well in front of its beleaguered U.S. rival Boein...
Sep 08, 2020
Ryanair threatens winter base closures at Ireland’s Shannon, Cork: RTE
DUBLIN (Reuters) - Ryanair has told staff at Shannon and Cork airports in the south of Ireland that it intends to close both bases for the winter unless the government relaxes strict travel restrictio...
Sep 08, 2020
Germany faces 36 billion euro shortfall in tax take by end 2024: Handelsblatt
BERLIN (Reuters) - German tax revenues will come in 36 billion euros ($42.47 billion) lower in the next five years than predicted in May, due mainly to tax changes aimed at helping Europe's biggest ec...
Sep 08, 2020
GM CEO moves to remake U.S. automaker for EV future
By Ben Klayman DETROIT (Reuters) - General Motors Co Chief Executive Mary Barra has reeled off two significant deals in the past week in response to investor concerns the No. 1 U.S. automaker is stuck...
Sep 08, 2020
U.S. job losses in oilfield services and equipment top 100,000: trade group
By Liz Hampton (Reuters) - Oilfield job losses from the COVID-19 pandemic topped 100,000 in the United States in August, according to a report released on Tuesday by trade group Petroleum Equipment & ...
Sep 08, 2020
Trump to extend ban on offshore drilling off Florida’s Gulf coast: Bloomberg
WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday is set to endorse an extended ban on offshore oil development in the Gulf of Mexico off Florida's western coast, Bloomberg reported, citin...
Sep 08, 2020
