Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive-WTO plans 10% budget cut as US falls back into arrears, documents show
By Olivia Le Poidevin GENEVA, May 1 (Reuters) - The World Trade Organization is set to cut about 10% of its spending - including hiring freezes and reductions in shortterm staff - after the U.S. fell ...
May 01, 2026
Meta faces US lawmaker scrutiny over removal of lawyer ads for social media addiction cases
By Courtney Rozen WASHINGTON, May 1 (Reuters) - Meta should not have removed advertisements from attorneys seeking clients that claim they were harmed by social media platforms, two U.S. senators said...
May 01, 2026
Cboe to cut staff by 20% as exchange operator sharpens focus on core business
May 1 (Reuters) - Cboe Global Markets' CEO Craig Donohue on Friday outlined plans to sharpen the exchange operator's focus on key businesses, including a 20% reduction in its global workforce. The com...
May 01, 2026
Exclusive-US officials weigh cutting deadlines to fix digital flaws amid worries over AI-powered hacking, sources say
By Raphael Satter WASHINGTON, May 1 (Reuters) - U.S. cybersecurity officials are considering sharply shorter deadlines for fixing critical flaws in government IT systems, amid concerns hackers could e...
May 01, 2026
Trump's tariffs on EU autos show US to be unreliable, says EU parliament's trade committee chair
BRUSSELS, May 1 (Reuters) - U.S. President Donald Trump's announcement to increase tariffs on cars from the EU shows that the U.S. is an unreliable trading partner, EU parliament's trade committee cha...
May 01, 2026
Saks Global sends its bankruptcy plan to a creditor vote
By Dietrich Knauth NEW YORK, May 1 (Reuters) - Saks Global received court approval on Friday to send its bankruptcy plan to creditors for a vote, asking them to approve a restructuring that would wipe...
May 01, 2026
US FDA approves Pfizer, Arvinas' breast cancer drug
By Padmanabhan Ananthan May 1 (Reuters) - The U.S. Food and Drug Administration on Friday approved Pfizer and Arvinas' breast cancer drug for patients with an advanced form of the disease whose tumors...
May 01, 2026
Tether slows gold purchases for USDT reserves in first quarter, data shows
By Polina Devitt LONDON, May 1 (Reuters) - Tether, issuer of the world's largest stablecoin, slowed its purchases of gold for its reserves to back Tether USDT in the first quarter to about 6 metric to...
May 01, 2026
Trump says he will raise tariff on autos from European Union to 25%
By Gram Slattery, David Shepardson and Andrea Shalal WASHINGTON, May 1 (Reuters) - U.S. President Donald Trump said on Friday he would increase tariffs on cars and trucks from the European Union to 25...
May 01, 2026
Spirit Airlines shuts down, industry's first Iran war casualty
By Sabrina Valle, David Shepardson, Rajesh Kumar Singh and Doyinsola Oladipo WASHINGTON, May 2 (Reuters) - Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first...
May 01, 2026
