Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Robinhood raises $200 million, valuation rises to $11.2 billion
(Reuters) - Robinhood Markets Inc, the fintech startup credited with helping popularize trading among millennials, said on Monday it has raised $200 million in its latest funding from investment firm ...
Syndicated Content Aug 17, 2020
G7 ‘less pessimistic’ on global economy, says Italy’s finance minister
MILAN (Reuters) - Finance ministers from the Group of Seven advanced economies see a global economic scenario that is less pessimistic than forecast, Italian Finance Minister Roberto Gualtieri said in...
Syndicated Content Aug 17, 2020
Goldman sees S&P 500 surging to 3,600 by end-2020
(Reuters) - A potential COVID-19 vaccine and bets of an economic rebound in 2021 will lift the S&P 500 to 3,600 by the end of the year, Goldman Sachs said, bumping its target for the index by 20% as i...
Syndicated Content Aug 17, 2020
Bitcoin hits highest in 13 months as 2020 rally gathers steam
LONDON (Reuters) - Bitcoin jumped to its highest in over a year on Monday, adding to a 2020 rally that has seen it more than treble in price since March. The biggest cryptocurrency gained 4.4% to $12,...
Syndicated Content Aug 17, 2020
G7 ministers to consider extending debt freeze for low-income countries: Treasury
By Andrea Shalal WASHINGTON (Reuters) - Finance ministers from the Group of Seven rich countries on Monday noted improved economic conditions in their economies, but underscored their concerns about t...
Syndicated Content Aug 17, 2020
American Express to acquire online lender Kabbage
NEW YORK (Reuters) - American Express said on Monday it would buy fintech lender and platform Kabbage in a move aimed at bolstering its cash management offering to small businesses. Financial terms of...
Syndicated Content Aug 17, 2020
SoftBank builds $1.2 billion Amazon stake; invests in Netflix, Tesla
By Sam Nussey TOKYO (Reuters) - SoftBank Group Corp has built a stake worth around $1.2 billion in e-commerce firm Amazon , regulatory filings showed on Monday, as the tech conglomerate expands its in...
Syndicated Content Aug 17, 2020
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...
Syndicated Content 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 ...
Syndicated Content 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...
Syndicated Content Aug 17, 2020




