Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Goldman CEO says high oil prices could shift consumer behavior in second half of 2026
By Saeed Azhar and Manya Saini NEW YORK, June 2 (Reuters) - Goldman Sachs CEO David Solomon expects consumer behavior to change in the second half of 2026 if inflation picks up, fueled by higher oil p...
Thomson Reuters Jun 02, 2026
Microsoft reveals new quantum chip made with AI, says it will have systems by 2029
By Stephen Nellis SAN FRANCISCO, June 2 (Reuters) - Microsoft on Tuesday unveiled a new quantum computing chip that it redesigned with the help of AI, saying it now believes it will have commercially ...
Thomson Reuters Jun 02, 2026
US exchanges extend selloff as perpetual futures approval unnerves investors
June 2 (Reuters) - The selloff in the shares of U.S. bourse operators continued on Tuesday on worries over the risk implications of perpetual futures for cryptocurrencies and fear among investors that...
Thomson Reuters Jun 02, 2026
US lawmakers propose ending 12% excise tax on heavy-duty trucks
By David Shepardson WASHINGTON, June 2 (Reuters) - Two U.S. senators on Tuesday proposed ending the 12% federal excise tax on heavy-duty trucks, saying it could boost sales of newer, cleaner models. R...
Thomson Reuters Jun 02, 2026
Blue Origin's New Glenn rocket to return to flight before year ends, CEO says
By Joey Roulette June 2 (Reuters) - Blue Origin will return its New Glenn rocket to flight before the year ends, CEO Dave Limp said late on Monday, days after one of the rockets exploded, damaging the...
Thomson Reuters Jun 02, 2026
Brazil's Lula nods to China as Trump administration proposes 25% tariff
SAO PAULO, June 2 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Tuesday highlighted his country's ties with China after the U.S. proposed a new punitive tariff of 25% on many imports fr...
Thomson Reuters Jun 02, 2026
Exclusive-SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say
By Echo Wang June 2 (Reuters) - SpaceX, Elon Musk's rocket and satellite company, plans to target a valuation of $1.75 trillion in its blockbuster initial public offering, which will consist entirely ...
Thomson Reuters Jun 02, 2026
Paramount seeks EU approval to buy Warner Bros; decision due July 7
BRUSSELS, June 2 (Reuters) - Paramount Skydance Corp has sought EU antitrust approval for its acquisition of Warner Bros Discovery, a European Commission filing showed on Tuesday. The proposed $110 bi...
Thomson Reuters Jun 02, 2026
Trump administration to ask US AI firms to voluntarily submit models for cybersecurity tests
By Courtney Rozen, Ismail Shakil and Bhargav Acharya June 2 (Reuters) - The Trump administration will ask leading AI developers to voluntarily submit their most capable models for government cybersecu...
Thomson Reuters Jun 02, 2026
UAW strike against GM axle supplier continues without talks, union official says
By Kalea Hall DETROIT, June 2 (Reuters) - Negotiations between a General Motors axle supplier and the United Auto Workers have not taken place since the union launched a strike against the company on ...
Thomson Reuters Jun 02, 2026




