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

Jan 14 (Reuters) - High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, barely a year after a deal that aimed to create a luxury powerhouse. One of the l...

By Alessandro Parodi, Elisa Anzolin and Tassilo Hummel Jan 14 (Reuters) - French luxury brand Chanel and Gucci owner Kering top the list of unsecured creditors of bankrupt U.S. department store Saks G...

Jan 14 (Reuters) - Minneapolis Federal Reserve President Neel Kashkari said the Trump administration's actions against the central bank in the past year were "really about monetary policy," as he came...

By Philip Blenkinsop BRUSSELS, Jan 14 (Reuters) - The European Parliament is considering putting on hold the European Union's implementation of the trade deal struck with the United States in protest ...

By Tatiana Bautzer and Prakhar Srivastava Jan 14 (Reuters) - Citigroup's profit fell 13% in the fourth quarter as it booked a $1.2 billion loss tied to the sale of its Russia business, offsetting high...

By Sriparna Roy and Christy Santhosh Jan 14 (Reuters) - Investors are eyeing a rebound in the U.S. biotech sector in 2026, as more companies are expected to go public amid a renewed deal-making appeti...

ZURICH, Jan 14 (Reuters) - Switzerland's Federal Council has adopted a final negotiating mandate for talks on a legally binding trade agreement with the United States, the government said on Wednesday...

Jan 14 (Reuters) - Honeywell said on Wednesday it plans for its majority-owned quantum computing unit Quantinuum to confidentially file draft IPO papers with the U.S. securities regulator. The number ...

Jan 14 (Reuters) - Bank of America's profit rose, as its traders brought in more revenue from spurred client activity in the fourth quarter due to increased volatility in the markets. Shares of the ba...

By Shashwat Chauhan Jan 14 (Reuters) - Retail investors ramped up buying of U.S. memory and data storage chipmakers in January, following 2025's strong momentum on expectations that booming artificial...