Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
Intel's Sambanova deal gets U.S. antitrust clearance
By Jody Godoy May 1 (Reuters) - U.S. antitrust authorities have completed their review of Intel's investment in SambaNova, a chip startup chaired by Intel CEO Lip-Bu Tan, according to a regulatory not...
May 01, 2026
Analysis-Investors are running out of time to brace for true oil shock
By Ankur Banerjee and Amanda Cooper SINGAPORE/LONDON, May 1 (Reuters) - In thrall to an AI boom that has sent stocks to record highs and harbouring hopes of a short-lived Iran war, investors have yet ...
May 01, 2026
Coty's perfume business takes another knock with David Beckham fragrance lawsuit
By Alexander Marrow and Helen Reid LONDON, May 1 (Reuters) - Beauty brand Coty is facing a lawsuit from DB Ventures, the company behind former football star David Beckham's eponymous fragrance, for wh...
May 01, 2026
Big Pharma M&A set for mega year as patent expiries drive deal urgency
By Christy Santhosh and Sriparna Roy May 1 (Reuters) - Biotech dealmaking is on pace for a bumper year in 2026, with large drugmakers on an acquisition spree to boost their pipelines ahead of upcoming...
May 01, 2026
Estee Lauder to cut up to 3,000 more jobs as it pursues Puig deal
By Anuja Bharat Mistry and Arriana McLymore May 1 (Reuters) - Este Lauder on Friday raised its annual profit forecast and said it would cut up to 3,000 more jobs globally as it accelerates a broader r...
May 01, 2026
US manufacturing sector holds steady in April; input costs hit 4-year high
By Lucia Mutikani WASHINGTON, May 1 (Reuters) - U.S. manufacturing activity held steady in April, but supplier delivery performance worsened as the war in the Middle East disrupted shipping in the Str...
May 01, 2026
