Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Global equity funds draw inflows for the seventh week on earnings optimism
May 8 (Reuters) - Global equity funds attracted inflows for a seventh straight week in the period through May 6, supported by upbeat first quarter earnings and hopes for a U.S.-Iran peace agreement. I...
May 08, 2026
US economy posts second straight month of strong job gains, but strains remain
By Lucia Mutikani WASHINGTON, May 8 (Reuters) - U.S. employment increased more than expected in April, pointing to labor market stability and reinforcing expectations the Federal Reserve would keep in...
May 08, 2026
Private credit roundup: HSBC's big loss and an FSB warning
LONDON, May 8 (Reuters) - HSBC shocked markets with an unexpectedly large $400 million loss linked to a fraud case involving a British mortgage lender this week, turning the spotlight to banks and the...
May 08, 2026
US stock futures extend gains after April non-farm payrolls data
May 8 (Reuters) - U.S. stock index futures extended gains on Friday after a stronger-than-expected jobs report signaled resilience in the labor market and eased concerns about a slowdown in the U.S. e...
May 08, 2026
Canada's unemployment rate rises to six-month high as full-time jobs drop
By Promit Mukherjee OTTAWA, May 8 (Reuters) - Canada's unemployment rate rose to a six-month high in April to 6.9% as the economy lost a net 17,700 jobs, Statistics Canada data showed on Friday, indic...
May 08, 2026
Porsche AG to cut over 500 jobs as it sharpens focus on core business
May 8 (Reuters) - Porsche AG said on Friday that it planned to cut more than 500 jobs as it discontinues three subsidiaries to focus on core business. The company the units Cellforce Group GmbH, Porsc...
May 08, 2026
Cloudflare's slowing growth disappoints investors betting on AI boost
May 8 (Reuters) - Cloudflare shares tumbled more than 15% in premarket trading on Friday, after its quarterly revenue forecast disappointed investors who had bet the stock would be a major beneficiary...
May 08, 2026
Exclusive-Rio Tinto considers raising stake in Argentina's Los Azules copper project, sources say
By Clara Denina and Divya Rajagopal LONDON, May 8 (Reuters) - Rio Tinto is evaluating the economic potential of McEwen Copper's giant Los Azules project in Argentina as the mining group considers incr...
May 08, 2026
Fed's Miran hopes Powell staying at Fed is transitional - Fox Business
By Michael S. Derby May 8 (Reuters) - Federal Reserve Governor Stephen Miran said on Friday that he hopes current central bank Chair Jerome Powell will stay on as a governor only for a short period of...
May 08, 2026
Google has bit more time to address concerns in EU investigation, EU Commission says
BRUSSELS, May 8 (Reuters) - EU regulators are giving Alphabet's Google a little bit more time to sooth their concerns after a previous proposal from the company fell short, the European Commission sai...
May 08, 2026
