Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Nicole Jao NEW YORK, Feb 5 (Reuters) - Phillips 66 is set to lay off 277 employees as operations at the 139,000-barrel-per-day Los Angeles-area refinery wind down ahead of closure, filings to Calif...

By Prakhar Srivastava and Abigail Summerville Feb 5 (Reuters) - Bob's Discount Furniture, backed by private equity firm Bain Capital, secured a valuation of $2.22 billion, after its shares opened flat...

SAN FRANCISCO, Feb 5 (Reuters) - Technology startup Anthropic on Thursday launched what it called an improved artificial intelligence model, days after its product advances helped kick-start a selloff...

By Atharva Singh and Arasu Kannagi Basil Feb 5 (Reuters) - Drug developer Eikon Therapeutics, headed by Merck veteran Roger Perlmutter, was valued at about $860.3 million after its shares opened 5.3% ...

By Nell Mackenzie LONDON, Feb 4 (Reuters) - Hedge funds posted positive returns in January thanks to ripples of market volatility stemming from U.S. military action in Venezuela, questions around the ...

By Anshuman Tripathy and Apratim Sarkar Feb 5 (Reuters) - U.S. military shipbuilder Huntington Ingalls said on Thursday that it had expected free cash flow for the current quarter to be negative, desp...

Feb 5 (Reuters) - The House Judiciary Committee on Thursday issued a subpoena to Coupang as part of its ongoing probe into alleged discrimination against U.S. companies, seeking communications between...

Feb 5 (Reuters) - Rio Tinto walked away from a mega-mining deal with rival Glencore for the third time on Thursday. Attempts to combine the companies have repeatedly fallen short. Rio rejected a merge...

By David Ljunggren OTTAWA, Feb 5 (Reuters) - Restructuring the Canadian economy to cope with U.S. tariffs, slower population growth and the rise of artificial intelligence will take years, and could b...

By Dave Sherwood and Nelson Acosta HAVANA, Feb 5 (Reuters) - Cuban President Miguel Diaz-Canel said on Thursday his government would roll out a plan in the next week to deal with fuel shortages as the...