Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
US producer prices rise strongly in January
WASHINGTON, Feb 27 (Reuters) - U.S. producer prices accelerated in January, with the cost of goods outside food and energy increasing by the most in more than 3-1/2 years as businesses passed on impor...
Feb 27, 2026
Bank of England should not be 'lulled into false sense of security' by lower inflation, Pill says
LONDON, Feb 27 (Reuters) - Bank of England Chief Economist Huw Pill said on Friday that the central bank should not be too reassured by falls in headline inflation where these are driven by one-off fa...
Feb 27, 2026
Canada's Q4 GDP unexpectedly contracts, full-year growth at 1.7%
By Promit Mukherjee OTTAWA, Feb 27 (Reuters) - Canada's economy contracted in the fourth quarter, coming way below expectations, as manufacturers heavily dipped into inventories to meet demand instead...
Feb 27, 2026
Block shares soar as Dorsey leans on AI to trim workforce
By Utkarsh Shetti and Manya Saini Feb 27 (Reuters) - Block shares soared more than 16% on Friday after the fintech firm announced it would nearly halve its workforce as part of an overhaul to embed ar...
Feb 27, 2026
OpenAI clinches $840 billion valuation with mega funding from Amazon, Nvidia, SoftBank
By Deborah Mary Sophia, Akash Sriram and Krystal Hu Feb 27 (Reuters) - OpenAI's latest funding round valued the ChatGPT maker at $840 billion as Big Tech and Masayoshi Son's SoftBank piled into the $1...
Feb 27, 2026
Brazil's inflation overshoots forecasts in mid-February
SAO PAULO, Feb 27 (Reuters) - Consumer prices in Brazil rose more than expected in the month to mid-February, official data showed on Friday, but that should not prevent the central bank from kicking ...
Feb 27, 2026
CoreWeave shares slump as doubling capital expenditure sparks margin concerns
By Zaheer Kachwala Feb 27 (Reuters) - Shares of CoreWeave slumped around 15% on Friday, after the company's plans to double capital expenditure this year stoked investor concerns about margin pressure...
Feb 27, 2026
Lululemon founder Wilson ramps up pressure on board amid proxy fight
Feb 27 (Reuters) - Lululemon Athletica founder Chip Wilson stepped up his campaign for board and governance changes at the struggling athletic apparel maker on Friday, including replacing more than th...
Feb 27, 2026
Wall St on pace to open lower as AI worries spook investors; Nasdaq eyes monthly drop
By Shashwat Chauhan and Ragini Mathur Feb 27 (Reuters) - Wall Street's main indexes were on track for a lower open on Friday as AI anxiety dragged on tech stocks, with the Nasdaq bracing for its steep...
Feb 27, 2026
Target to remove synthetic colors from cereals by end of May
(Corrects paragraph 6 to say General Mills aims to remove certified colors from all U.S. cereals by summer of 2026, not 2027) Feb 27 (Reuters) - Target said on Friday it would sell only cereals made w...
Feb 27, 2026
