Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Facebook acquires crowdsourced mapping company Mapillary
By Katie Paul SAN FRANCISCO (Reuters) - Facebook Inc on Thursday acquired Swedish mapping technology company Mapillary, which collects images from tens of thousands of contributors to build immersive ...
Jun 18, 2020
U.S. states, cities to lose $16.8 billion in hotel-related taxes, group says
CHICAGO (Reuters) - Plummeting travel due to the coronavirus outbreak will cost U.S. states and local governments $16.8 billion in hotel-related tax revenue this year, according to a report released o...
Jun 18, 2020
Lebanon adviser in IMF talks quits, citing ‘no genuine will’ for reforms
BEIRUT (Reuters) - A financial adviser working with Lebanon's government in talks with the International Monetary Fund said on Thursday that he had resigned, citing "no genuine will" to reform and att...
Jun 18, 2020
U.S. grocery retailer Albertsons expects IPO to raise up to $1.51 billion
(Reuters) - U.S. grocery retailer Albertsons Cos Inc said on Thursday it is targeting to raise up to $1.51 billion in an initial public offering. The company said certain selling stockholders are offe...
Jun 18, 2020
Trump renews threat to cut ties with China
WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday renewed his threat to cut ties with China. "It was not Ambassador Lighthizer's fault (yesterday in Committee) in that perhaps I didn't ma...
Jun 18, 2020
Robinhood reviews options trading offering following suicide by customer
By John McCrank and Anna Irrera NEW YORK (Reuters) - Robinhood Markets Inc said on Thursday it was reviewing its options trading offering following news that one of its customers took his own life aft...
Jun 18, 2020
U.S. hotel occupancy back above 40% as ‘drive-to’ sites recover: STR
(Reuters) - The U.S. hotel industry's occupancy rates have more than doubled from historic lows of just over 20% in April, with "drive-to" locations bouncing back faster than urban and airport stays, ...
Jun 18, 2020
Softbank set to invest in more than a dozen U.S. minority-led startups
By Arriana McLymore NEW YORK (Reuters) - SoftBank Group Corp will invest $2 million or more in 14 U.S. startups led by black founders and other underrepresented groups, the company said on Thursday, a...
Jun 18, 2020
McDonald’s to hire 260,000 staff this summer as restaurants reopen
(Reuters) - McDonald's Corp said https://news.mcdonalds.com/news-releases/news-release-details/mcdonalds-restaurants-anticipate-hiring-approximately-260000 on Thursday it would hire about 260,000 rest...
Jun 18, 2020
U.S. insurers eye Legionnaires’ disease safeguards as buildings re-open from pandemic shutdowns
By Suzanne Barlyn (Reuters) - Commercial insurers are scrutinizing building managers' efforts to avoid outbreaks of Legionnaires' disease as they re-open movie theaters, gyms, schools and offices that...
Jun 18, 2020
