Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Pentagon opens door to exempt Anthropic use beyond 6-month ramp-down, memo says
By Alexandra Alper WASHINGTON, March 11 (Reuters) - The Pentagon has told its senior leaders that use of Anthropic's AI tools may continue beyond a previously announced six-month phase-out period if d...
Mar 11, 2026
Iranian oil flows through Strait of Hormuz even as Gulf neighbors' exports shut
By Shariq Khan, Jonathan Saul and Arathy Somasekhar NEW YORK/LONDON/HOUSTON, March 11 (Reuters) - Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Teh...
Mar 11, 2026
Factbox-How have US presidents tapped strategic petroleum reserves during war?
WASHINGTON, March 11 (Reuters) - The U.S. plans to release 172 million barrels of oil from its Strategic Petroleum Reserve, more than 40% of a wider release coordinated with allies, to help dampen pri...
Mar 11, 2026
Exclusive-SoftBank's PayPay prices IPO below range at $16 a share, sources say
By Echo Wang March 11 (Reuters) - SoftBank Group-backed PayPay priced its U.S. initial public offering at $16 per share on Wednesday, below its targeted price range, people familiar with the matter sa...
Mar 11, 2026
Costco customers sue for share of refunds from Trump tariffs
By Mike Scarcella WASHINGTON, March 11 (Reuters) - Costco Wholesale was sued on Wednesday in a proposed nationwide class action seeking U.S. customer refunds for higher prices charged by the company b...
Mar 11, 2026
Atlassian to cut roughly 10% jobs in pivot to AI
By Jaspreet Singh March 11 (Reuters) - Atlassian said on Wednesday it would lay off around 10% of its workforce, or 1,600 employees, to push into artificial intelligence and enterprise sales. Shares o...
Mar 11, 2026
Trading Day: Oil and yields up, up, and away
ORLANDO, Florida, March 11 (Reuters) - Oil prices rose sharply on Wednesday despite a record release of global crude reserves, stoking inflation fears and lifting two-year Treasury yields to the highe...
Mar 11, 2026
Janus Henderson says Victory's offer not superior to Trian, General Catalyst deal
By Arasu Kannagi Basil March 11 (Reuters) - Janus Henderson said on Wednesday its board had determined that Victory Capital's proposal to buy the asset manager was not superior to the take-private dea...
Mar 11, 2026
Maersk redistributes vessel fuel to ensure supplies, as Iran war disrupts flows
By Stine Jacobsen and Lisa Baertlein COPENHAGEN/LOS ANGELES, March 11 (Reuters) - Container shipping group Maersk said on Wednesday it is redistributing fuel to ensure supplies for its vessels as the ...
Mar 11, 2026
Pentagon headhunting Goldman, JPMorgan bankers for 'Economic Defense Unit', Semafor reports
March 11 (Reuters) - The Pentagon is building a new team of investment bankers steeped in private equity to invest $200 billion over three years in defense deals, Semafor reported on Wednesday, citing...
Mar 11, 2026
