Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed should ditch rate-cut lean because of oil shock, policymakers say
By Howard Schneider and Michael S. Derby WASHINGTON, May 1 (Reuters) - Federal Reserve officials who dissented against this week's policy statement said on Friday the developing oil price shock from t...
May 01, 2026
UK factories, hit by Iran war, brace for higher costs and more delivery delays
By Suban Abdulla LONDON, May 1 (Reuters) - A gauge of British manufacturers' cost pressures jumped in April and delivery delays were the most widespread since mid-2022 due to the standoff in the Strai...
May 01, 2026
Colgate-Palmolive warns of $300 million cost hit from Middle East conflict
May 1 (Reuters) - Colgate-Palmolive on Friday said it expects about $300 million in additional raw material and logistics expenses for the year, joining a host of global companies flagging significant...
May 01, 2026
Pentagon reaches agreements with top AI companies, but not Anthropic
By Mike Stone and Chris Sanders WASHINGTON, May 1 (Reuters) - The Pentagon said on Friday it had reached agreements with seven AI companies to deploy their advanced capabilities on the Defense Departm...
May 01, 2026
Cboe to slash workforce by 20% as it doubles down 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
BYD's sales downturn extends to eighth straight month
SHANGHAI, May 1 (Reuters) - Chinese EV giant BYD's vehicle sales fell for an eighth straight month in April, down 15.5% from a year earlier and extending its longest-ever downturn as it struggles with...
May 01, 2026
Insurance broker Aon profit jumps on risk management strength
May 1 (Reuters) - Insurance brokerage firm Aon reported higher first-quarter profit on Friday, on the back of strong demand for its risk-management solutions. Insurance spending has remained resilient...
May 01, 2026
Ares’ record $30 billion fundraising eases private credit 'doomsday' fears
By Arasu Kannagi Basil and Pritam Biswas May 1 (Reuters) - Ares Management, one of the biggest names in private credit, reported record first-quarter fundraising of about $30 billion on Friday, a sign...
May 01, 2026
Financial firms last month did not expect BoE to raise rates, BoE survey shows
LONDON, May 1 (Reuters) - Financial firms surveyed by the Bank of England last month did not expect the central bank to raise interest rates this year, though they no longer expected rates to be cut, ...
May 01, 2026
Tesla sales rebound continues in several European markets in April
By Nick Carey LONDON, May 1 (Reuters) - Registrations of Tesla cars continued to rebound in France, Denmark and the Netherlands in April, but fast-moving Chinese rivals such as BYD kept chipping away ...
May 01, 2026
