Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Factbox: More U.S. companies join Facebook ad boycott bandwagon
(Reuters) - A handful of U.S. companies have pulled advertising from Facebook Inc in support of a campaign that called out the social media giant for not doing enough to stop hate speech on its platfo...
Jun 25, 2020
Fed balance sheet down again as currency swaps fall further
(Reuters) - The Federal Reserve's stash of assets shrank for a second straight week as foreign central banks once again sharply cut their use of currency swaps and U.S. banks further dialed back their...
Jun 25, 2020
Uber pares back digital wallet ambitions, head of unit quits: Bloomberg News
(Reuters) - Uber Technologies Inc's financial services head Peter Hazlehurst is stepping down as the company focuses on rides and food delivery, and ices plans to become a financial services company, ...
Jun 25, 2020
Albertsons prices downsized IPO below target range: sources
By Joshua Franklin (Reuters) - U.S. supermarket operator Albertsons Companies Inc on Thursday sold fewer shares than expected at a lower price than planned in its $800 million initial public offering,...
Jun 25, 2020
Oil pricing agencies Platts, Argus launch new U.S. crude benchmarks
By Julia Payne and Devika Krishna Kumar LONDON/NEW YORK (Reuters) - After U.S. crude futures took an historic plunge into negative territory in April, the two top oil price reporting agencies said on ...
Jun 25, 2020
Fed’s Powell to testify on CARES Act before House committee next week
WASHINGTON (Reuters) - U.S. Federal Reserve chair Jerome Powell will testify before the U.S. House of Representatives Financial Services Committee on Tuesday at 12:30 p.m. EDT (1630 GMT), the Fed anno...
Jun 25, 2020
Federal Reserve to cap bank dividend payments following pandemic analysis
WASHINGTON (Reuters) - The U.S. Federal Reserve announced on Thursday it will cap big bank dividend payments and bar share repurchases until at least the fourth quarter after testing bank finances aga...
Jun 25, 2020
Nike swings to quarterly loss due to COVID-19 impact
(Reuters) - Nike Inc on Thursday reported a fourth-quarter loss, as retailers had to shut stores for weeks due to lockdowns spurred by the COVID-19 pandemic, sending shares of the world's largest foot...
Jun 25, 2020
Canada’s top health official to seek details of Ontario COVID-19 farm worker guidelines
By Kelsey Johnson and Allison Martell OTTAWA/TORONTO (Reuters) - Canada's top public health official said on Thursday she plans to seek more information from Ontario about the province's plan to allow...
Jun 25, 2020
Senate advances $740 billion defense bill, stage set for Confederate battle
By Patricia Zengerle WASHINGTON (Reuters) - The U.S. Senate voted 90-7 on Thursday to debate the annual National Defense Authorization Act, or NDAA, setting the stage for a battle between Democrats an...
Jun 25, 2020
