Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
US SEC proposes allowing public companies to opt out of quarterly earnings reports
By Suzanne McGee and Douglas Gillison WASHINGTON, May 5 (Reuters) - Wall Street's top regulator on Tuesday proposed allowing U.S.-traded companies to switch from quarterly to twice-annual earnings rep...
May 05, 2026
Spirit Airlines lawyer says high jet fuel prices left carrier no alternative but shutdown
May 5 (Reuters) - A lawyer for defunct Spirit Airlines said Tuesday that sharply higher jet fuel prices left "no remaining way out" of bankruptcy and forced the budget carrier's shutdown as it seeks a...
May 05, 2026
Drug pricing deal to generate savings of $64.3 billion over 10 years, White House says
May 5 (Reuters) - The Trump Administration said on Tuesday its "Most Favored Nation" (MFN) drug pricing deal was expected to generate $64.3 billion in federal and state savings in the next 10 years. U...
May 05, 2026
Alphabet closes in on Nvidia's spot as world's biggest company
By Shashwat Chauhan May 5 (Reuters) - Alphabet is on the cusp of overtaking Nvidia as the world's most valuable company, riding on a record stock rally fueled by its artificial intelligence efforts an...
May 05, 2026
OpenAI, Anthropic ventures in talks to buy AI services firms, sources say
By Milana Vinn NEW YORK, May 5 (Reuters) - The joint ventures OpenAI and Anthropic separately created with private equity firms are in talks to acquire services companies that help businesses deploy a...
May 05, 2026
James Murdoch in talks to buy Vox Media's New York Magazine, podcast unit, WSJ reports
May 5 (Reuters) - James Murdoch is in late-stage talks to buy Vox Media's New York Magazine and podcast division, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. T...
May 05, 2026
Anthropic deepens finance push as CEO Amodei warns of software disruption
By Jeffrey Dastin and Kenneth Li NEW YORK, May 5 (Reuters) - Artificial-intelligence lab Anthropic is diving deeper into the financial services industry, releasing tools on Tuesday that can speed up m...
May 05, 2026
US new home sales increase in February and March; median price drops
WASHINGTON, May 5 (Reuters) - Sales of new U.S. single-family homes increased in February and March as the drag from harsh weather faded, but higher mortgage rates because of the impact of the war wit...
May 05, 2026
Grain trader ADM raises profit forecast on biofuel demand outlook
By Tom Polansek and Katha Kalia May 5 (Reuters) - Archer-Daniels-Midland shares jumped on Tuesday after the grain trader increased its full-year profit forecast and beat quarterly earnings estimates, ...
May 05, 2026
US job openings drop in March; hires increase sharply
WASHINGTON, May 5 (Reuters) - U.S. job openings slipped in March, but a surge in hiring suggested the labor market was regaining its footing after struggling last year. Job openings, a measure of labo...
May 05, 2026
