Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Morning Bid: Ceasefire on life support
By Mike Dolan May 12 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets With the month-old Iran war ceasefire now on "life support", accordin...
May 12, 2026
Samsung Elec union threatens to walk out of pay talks if no mediation proposal
SEOUL, May 12 (Reuters) - Samsung Electronics' labour union in South Korea said on Tuesday it would walk out of ongoing pay negotiations if no mediation proposal was offered within two hours. The two ...
May 12, 2026
Swatch shareholders reject activist investor's bid for board seat
By Alessandro Parodi and Oliver Hirt ZURICH, May 12 (Reuters) - Swatch shareholders on Tuesday rejected a bid by activist investor Steven Wood for an independent director's seat, the Swiss watchmaker ...
May 12, 2026
Hims & Hers plunges as branded weight-loss drug pivot hits results
By Christy Santhosh May 12 (Reuters) - Shares of Hims & Hers Health fell 11% on Tuesday after the telehealth company's pivot to branded weight-loss drugs drove up costs and led to a surprise loss in t...
May 12, 2026
Wall St futures fall as AI rally cools; inflation data in focus
By Ragini Mathur and Utkarsh Hathi May 12 (Reuters) - U.S. stock index futures edged lower on Tuesday as a rally in chip stocks lost steam and hopes for a quick resolution to the Middle East war faded...
May 12, 2026
OpenAI chief Altman to take stand in OpenAI-Musk trial on Tuesday
May 12 (Reuters) - OpenAI Chief Executive Officer Sam Altman will take the witness stand on Tuesday and Wednesday, the California court said, in a clash of tech titans over Elon Musk's lawsuit against...
May 12, 2026
EBay rejects GameStop's $56 billion bid as 'neither credible nor attractive'
By Svea Herbst-Bayliss and Aditya Soni New York, May 12 (Reuters) - EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller GameStop on doubts over the financing of the de...
May 12, 2026
Netflix spent over $135 billion on film, TV over last decade
May 12 (Reuters) - Netflix has invested over $135 billion in films and television series over the past decade, the company said on Tuesday, underscoring the dominance of the streaming giant and the gr...
May 12, 2026
Tesla’s robotaxi rollout features Texas-sized wait times
By Norihiko Shirouzu, Chris Kirkham and Evan Garcia DALLAS, May 12 (Reuters) - When Tesla announced an expansion of its robotaxis to Dallas and Houston last month, some investors touted momentum for C...
May 12, 2026
Kremlin says the Russian government has ensured economic stability despite growth forecast downgrade
MOSCOW, May 12 (Reuters) - The Kremlin said on Tuesday that the Russian government had taken the necessary measures to ensure economic stability despite Moscow being forced to slash its economic growt...
May 12, 2026
