Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Wall St slips at open as US-Iran impasse lifts oil
May 11 (Reuters) - Wall Street's main indexes opened lower on Monday, after last week's record-setting rally, as renewed worries over stalled U.S.-Iran talks lifted oil prices and tempered risk appeti...
May 11, 2026
Stock market concentration - a feature, not a bug: McGeever
By Jamie McGeever ORLANDO, Florida, May 11 (Reuters) - As the artificial intelligence boom accelerates, stock market concentration is reaching historic proportions - and not just in the U.S. where tec...
May 11, 2026
Wise set to make Nasdaq debut as company completes shift from London to New York
By Hannah Lang NEW YORK, NEW YORK, May 11 (Reuters) - Money transfer company Wise is set to debut on the Nasdaq on Monday, shifting its primary listing from London to New York as the fintech unicorn s...
May 11, 2026
OpenAI creates new unit with $4 billion investment to aid corporate AI push
May 11 (Reuters) - OpenAI said on Monday it is setting up a new company with more than $4 billion in initial investment to help organizations build and deploy artificial intelligence systems, and will...
May 11, 2026
Fervo Energy eyes $7.4 billion valuation in upsized US IPO
May 11 (Reuters) - Geothermal power developer Fervo Energy said on Monday it was targeting up to a $7.37 billion valuation in its U.S. upsized initial public offering, underscoring strong investor int...
May 11, 2026
Swatch shareholder vote tests Hayek grip after advisers back Wood
By Alessandro Parodi May 11 (Reuters) - Swatch is bracing for a showdown at its annual meeting on Tuesday after proxy advisers came out in support of investor Steven Wood, challenging the Hayek family...
May 11, 2026
Shein accuses Temu of 'industrial scale' copyright breaches in UK legal battle
LONDON, May 11 (Reuters) - Online fast-fashion platform Shein accused Temu of copyright infringement "on an industrial scale", while Temu countered that Shein is using litigation to stifle competition...
May 11, 2026
Fox posts upbeat results on Tubi strength, higher distribution fees
By Jaspreet Singh May 11 (Reuters) - Fox Corp beat analysts' estimates for third-quarter revenue and profit on Monday, driven by robust growth in its Tubi streaming service and increased fees from cab...
May 11, 2026
EchoStar loses more pay-TV subscribers than expected amid cord-cutting
May 11 (Reuters) - Telecommunications services firm EchoStar posted a larger-than-expected decline in pay-TV subscribers for the first quarter, as cord-cutting pressures persist. The results highlight...
May 11, 2026
Alphabet, Amazon tap overseas debt markets to fund AI infrastructure push
TOKYO, May 11 (Reuters) - Big tech's borrowing spree to fund AI intensified on Monday as Alphabet disclosed plans for its first yen-denominated bond sale and Amazon prepared its debut Swiss franc offe...
May 11, 2026
