Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Broadcom forecasts current-quarter revenue above estimates
(Reuters) - Broadcom Inc forecast current-quarter revenue above Wall Street estimates on Thursday, encouraged by strong demand for its data center chips from the growing remote work market and the upc...
Sep 03, 2020
Fed’s Evans signals support for inflation rising to 2.5%
(Reuters) - Chicago Federal Reserve President Charles Evans on Thursday signaled support for promising to keep interest rates pinned near zero until inflation reaches 2.5%, well above current low leve...
Sep 03, 2020
Ex-Costa Rican leader drops bid to lead Inter-American Development Bank
By Alvaro Murillo SAN JOSE (Reuters) - Former Costa Rican President Laura Chinchilla has dropped her bid to head the Washington-based Inter-American Development Bank (IDB), and criticized a process se...
Sep 03, 2020
German prosecutors drop probe into FT over Wirecard
BERLIN (Reuters) - German prosecutors have dropped their investigation into journalists of the Financial Times in connection with its reporting on the corporate fraud at payments firm Wirecard that ev...
Sep 03, 2020
U.S. Fed buys $24.8 billion of mortgage bonds, sells none
NEW YORK, Sept 3 (Reuters) - The Federal Reserve bought $24.768 billion of agency mortgage-backed securities in the week from Aug. 27 to Sep. 2, compared with $26.975 billion purchased the previous we...
Sep 03, 2020
Fed’s Bostic says he will watch trajectory of inflation when setting policy
By Jonnelle Marte NEW YORK (Reuters) - The Federal Reserve's understanding of the relationship between employment and inflation has shifted and determining when to raise interest rates will depend mor...
Sep 03, 2020
Jeep rolls out Wagoneer SUVs in challenge to GM and Ford
By Joseph White DETROIT (Reuters) - Fiat Chrysler Automobiles NV on Thursday unveiled its new family of Jeep Wagoneer and Grand Wagoneer sport utility vehicles, and the head of the Jeep brand told Reu...
Sep 03, 2020
New York hedge fund founder charged with fraud, extortion tied to Neiman Marcus bankruptcy
NEW YORK (Reuters) - The founder of a New York hedge fund was criminally charged on Thursday over an alleged scheme to pressure a rival not to bid for assets related to Neiman Marcus' bankruptcy so he...
Sep 03, 2020
Fed’s Evans calls for more fiscal aid, signals further monetary easing
(Reuters) - The head of the Chicago Federal Reserve on Thursday called on Congress to deliver more fiscal aid and signaled U.S. monetary policy would be eased further and interest rates kept at ultra-...
Sep 03, 2020
Airlines urge UK, U.S. to start London-New York passenger testing trial
By David Shepardson WASHINGTON (Reuters) - Major airlines want the U.S. and British governments to launch a passenger testing trial for the coronavirus for flights between London and New York to pave ...
Sep 03, 2020
