Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Amazon cuts more jobs; this time in robotics unit
By Greg Bensinger SAN FRANCISCO, March 4 (Reuters) - Amazon on Tuesday confirmed it laid off staff across its robotics unit, with at least 100 white-collar jobs affected, two people familiar with the ...
Mar 04, 2026
Tech giants sign energy pledge at White House ahead of midterms
By Jarrett Renshaw and Laila Kearney March 4 (Reuters) - Google, Microsoft, Meta, Amazon and several artificial intelligence companies signed a pledge at the White House on Wednesday to bear the cost ...
Mar 04, 2026
Broadcom sees over $100 billion in AI chip sales by 2027 on robust custom chip demand
By Jaspreet Singh March 4 (Reuters) - Chip designer Broadcom on Wednesday projected its artificial intelligence chip revenue would exceed $100 billion next year, signaling surging demand for custom ch...
Mar 04, 2026
American Eagle forecasts sales growth above estimates on demand from wealthy shoppers
By Sanskriti Shekhar March 4 (Reuters) - American Eagle Outfitters forecast annual sales above estimates on Wednesday, betting on marketing-driven demand for its apparel and accessories from affluent ...
Mar 04, 2026
China signals tolerance for slower growth with 4.5%-5% target for 2026
BEIJING, March 5 (Reuters) - China set its economic growth target for 2026 at 4.5%-5%, a slight downgrade from the 5% pace achieved last year, which leaves room for greater, albeit not decisive, effor...
Mar 04, 2026
Citi lifts aluminium 0–3 month target to $3,600 per metric ton
March 4 (Reuters) - Citi has raised its LME aluminium 0-3 month price target to $3,600 a metric ton, up from $3,400/t, and said prices could climb to $4,000/t in a bull-case scenario, citing supply di...
Mar 04, 2026
US diesel hits $4 per gallon as fuel costs rise amid escalating Middle East conflict
By Nicole Jao and Shariq Khan NEW YORK, March 4 (Reuters) - Average U.S. retail diesel prices surpassed $4 a gallon for the first time in nearly two years on Wednesday and are set to rise further late...
Mar 04, 2026
Americas heavy crude prices hit multi-year highs as Iran conflict disrupts oil markets
By Arathy Somasekhar, Georgina McCartney and Amanda Stephenson HOUSTON, March 4 (Reuters) - Prices for heavy crude produced in the Americas surged to multi-year highs on Wednesday, as the U.S.-Israeli...
Mar 04, 2026
Dollar funding stress eases as Middle East conflict de-escalation hopes rise
By Saqib Iqbal Ahmed NEW YORK, March 4 (Reuters) - A gauge of dollar-funding stress eased on Wednesday amid rising hopes that the Middle East conflict may prove shorter lived than initially feared, a ...
Mar 04, 2026
US Postal Service hiring restructuring advisers as it could run out of money in 2027
By David Shepardson WASHINGTON, March 4 (Reuters) - The U.S. Postal Service is hiring restructuring advisers to help address its mounting financial troubles, Postmaster General David Steiner told Reut...
Mar 04, 2026
