Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Trading Day: Fed almost incidental to market swirl
ORLANDO, Florida, Jan 28 (Reuters) - The dollar snapped higher and Wall Street wobbled on Wednesday, but not before the S&P 500 broke above 7,000 points for the first time, after the Federal Reserve k...
Jan 28, 2026
Blackstone's biggest hedge fund business returned 12% in 2025, sources say
By Svea Herbst-Bayliss NEW YORK, Jan 28 (Reuters) - Blackstone's biggest hedge fund platform, Absolute Return Composite (AR), returned nearly 12% last year, beating the benchmark HFRX Global Hedge Fun...
Jan 28, 2026
Home Depot to cut 800 corporate jobs at its Atlanta store support center
Jan 28 (Reuters) - Home Depot said on Wednesday it is cutting 800 jobs associated with its Atlanta store support center, and is calling on its corporate employees to return to the office five days a w...
Jan 28, 2026
Southwest forecasts 2026 profit above estimates as overhaul gains traction
By Rajesh Kumar Singh CHICAGO, Jan 28 (Reuters) - Southwest Airlines on Wednesday forecast a stronger-than-expected profit in 2026 and signaled a solid start to the year despite U.S. winter storm disr...
Jan 28, 2026
Norway wealth fund's US Treasuries holding rose in second half of 2025
OSLO, Jan 28 (Reuters) - The value of U.S. Treasuries held by Norway's $2.2 trillion sovereign wealth fund increased during the second half of 2025, continuing a long-term trend, fund data showed on W...
Jan 28, 2026
Exclusive-Citgo buys first Venezuelan oil since 2019 from Trafigura, sources say
By Marianna Parraga and Shariq Khan HOUSTON/NEW YORK, Jan 28 (Reuters) - U.S. refiner Citgo Petroleum has bought Venezuelan crude oil for the first time since 2019, when it severed ties with its paren...
Jan 28, 2026
Levi Strauss tops result estimates as pricing actions counter tariff impact
By Neil J Kanatt Jan 28 (Reuters) - Levi Strauss beat Wall Street estimates for fourthquarter sales and profit on Wednesday, helped by growth in direct-to-consumer sales channels and a sharper focus o...
Jan 28, 2026
ServiceNow projects annual subscription revenue above estimates, signals AI strength
By Jaspreet Singh and Juby Babu Jan 28 (Reuters) - ServiceNow forecast annual subscription revenue above Wall Street estimates on Wednesday, signaling strong demand for its artificial intelligence-pow...
Jan 28, 2026
IBM beats fourth-quarter revenue estimates as AI clamor boosts software demand
Jan 28 (Reuters) - IBM beat Wall Street estimates for fourth-quarter revenue and profit on Wednesday, as the rapid adoption of AI boosts demand for its software services, ranging from managing vast am...
Jan 28, 2026
Meta boosts annual capex sharply on superintelligence push, shares surge
By Jaspreet Singh Jan 28 (Reuters) - Instagram-owner Meta on Wednesday boosted its capital spending plans for this year by 73% in the pursuit of "superintelligence," an effort to offer deeply personal...
Jan 28, 2026
