Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Chinese builder Fantasia unveils sweeping $4.7 billion debt overhaul plan
March 13 (Reuters) - Embattled Chinese property developer Fantasia on Friday unveiled detailed terms of its offshore debt restructuring, including plans to issue new equity, convertible bonds and long...
Mar 13, 2026
Musk ousts more xAI founders as AI coding effort falters, FT reports
March 13 (Reuters) - Elon Musk has triggered a fresh wave of job cuts at his AI firm xAI, with more co-founders pushed out amid his dissatisfaction with the underperformance of the startup's coding di...
Mar 13, 2026
Pentagon chief says he's eager for Trump ally to buy CNN as he blasts war coverage
By Susan Heavey and Idrees Ali WASHINGTON, March 13 (Reuters) - Pentagon chief Pete Hegseth on Friday said he was eager to see Trump ally and Paramount Skydance CEO David Ellison take over CNN, as he ...
Mar 13, 2026
Boeing repairing 25 737 MAX jets with wiring damage
By Dan Catchpole and David Shepardson SEATTLE, March 13 (Reuters) - Boeing is repairing as many as 25 undelivered 737 MAX jets with wiring flaws and said first-quarter deliveries could face delays, tw...
Mar 13, 2026
Africa policymakers warn Iran oil shock will hit key sectors, halt monetary easing
By Duncan Miriri NAIROBI, March 13 (Reuters) - African officials have warned that the sharp rise in oil prices due to the conflict in Iran will challenge monetary policymaking and could hit productivi...
Mar 13, 2026
USW members vote to reject BP's final offer to Whiting refinery workers
March 12 (Reuters) - The U.S. United SteelWorkers (USW) union members voted on Thursday to overwhelmingly reject what energy giant BP called its "last, best, and final" contract proposal to those work...
Mar 13, 2026
US consumer staples face valuation test as profit outlook dims
By Shashwat Chauhan March 13 (Reuters) - After a strong rally this year, U.S. consumer staples stocks are falling out of favor, with investors starting to question the sector's high valuations as earn...
Mar 13, 2026
Barclays expects Fed to push back rate cuts on inflation worries
March 13 (Reuters) - Barclays on Friday joined Goldman Sachs in delaying its forecast for the U.S. Federal Reserve's first interest rate cut this year to September from June, citing heightened risks t...
Mar 13, 2026
Factbox-Biggest global oil supply disruptions in history
March 13 (Reuters) - The International Energy Agency said the closure of the Strait of Hormuz has triggered the largest disruption to global oil markets in history, with supply expected to fall by abo...
Mar 13, 2026
BoC to keep rates on hold through this year despite war inflation risk: Reuters poll
By Indradip Ghosh BENGALURU, March 13 (Reuters) - The Bank of Canada is forecast to keep its overnight rate on hold next week and for the rest of this year, for now looking through inflation risks fro...
Mar 13, 2026
