Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Goldman Sachs warns oil may surge above $100/bbl if Hormuz flows don’t recover
March 6 (Reuters) - Goldman Sachs said oil prices are likely to exceed $100 per barrel next week if no signs of a solution emerge to the severe disruption in flows through the Strait of Hormuz, warnin...
Mar 06, 2026
US could lift sanctions on more Russian oil, says Bessent
March 6 (Reuters) - Treasury Secretary Scott Bessent on Friday said the United States could remove sanctions from more Russian oil, a day after Washington issued a 30-day waiver allowing the sale of R...
Mar 06, 2026
Boeing CEO took home $9.4 million in 2025
SEATTLE, March 6 (Reuters) - Boeing CEO Kelly Ortberg took home approximately $9.4 million in 2025, according to the company's proxy statement issued on Friday. His compensation included $1.5 million ...
Mar 06, 2026
Saks Global to shut 15 more stores as part of restructuring
March 6 (Reuters) - Saks Global said on Friday it was closing 15 more stores as the luxury retailer, which filed for bankruptcy earlier this year, tries to cut losses and focus on more profitable, hig...
Mar 06, 2026
Panama Canal saw 2.8% transit increase through January despite tensions
By Elida Moreno and Marianna Parraga PANAMA CITY, March 6 (Reuters) - The Panama Canal, the world's second busiest interoceanic way, saw a 2.8% increase in vessel transits in the first four months of ...
Mar 06, 2026
US Court of International Trade suspends March 5 order on tariff refunds
March 6 (Reuters) - The U.S. Court Of International Trade on Friday suspended a March 5 order that directed U.S. Customs and Border Protection on tariff refunds "to the extent that it directs immediat...
Mar 06, 2026
Oracle and OpenAI drop Texas data center expansion plan, Bloomberg News reports
March 6 (Reuters) - Oracle and OpenAI have abandoned plans to expand a flagship artificial intelligence data center in Texas after negotiations dragged over financing and OpenAI's changing needs, Bloo...
Mar 06, 2026
US to reinsure maritime losses in Gulf up to about $20 billion
By Timothy Gardner WASHINGTON, March 6 (Reuters) - The U.S. will provide reinsurance for losses up to $20 billion in the Gulf region, to help provide confidence for oil and gas shippers during the war...
Mar 06, 2026
Boeing close to 500-jet order ahead of Trump-Xi summit, Bloomberg News reports
By Dan Catchpole SEATTLE, March 6 (Reuters) - Boeing is close to landing its first major aircraft order from China in nearly a decade, Bloomberg News reported on Friday, citing people familiar with th...
Mar 06, 2026
After official hails mining potential, US allows some transactions of Venezuelan gold
March 6 (Reuters) - The United States on Friday issued a license authorizing certain transactions involving Venezuelan-origin gold, the Treasury Department website showed, a day after U.S. Interior Se...
Mar 06, 2026
