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

NEW YORK, May 21 (Reuters) - Goldman Sachs has agreed to pay $500 million to settle a class action lawsuit accusing the Wall Street bank of defrauding shareholders about its work for 1MDB, a Malaysian...

May 21 (Reuters) - Zoom Communications raised its annual revenue and profit forecasts on Thursday, betting on strong demand for its AI features as the video conferencing platform looks to shore up ent...

May 21 (Reuters) - Wall Street banks led by JPMorgan have increased the size of a loan package for Warner Bros Discovery to over $10 billion as the media company seeks to refinance debt ahead of its p...

May 21 (Reuters) - Value retailer Ross Stores raised its annual comparable sales and profit forecast on Thursday, betting on resilient demand for its discounted apparel and accessories despite looming...

By Jamie McGeever ORLANDO, Florida, May 21 (Reuters) - U.S. stocks ended a choppy session on Thursday in the green, lifted by optimism that a U.S.-Iran peace deal is close at hand, while investors als...

By Zaheer Kachwala May 21 (Reuters) - Take-Two Interactive forecast annual bookings below Wall Street expectations on Thursday, but reiterated the November 19 launch date for the highly awaited "Grand...

By Neil J Kanatt, Abigail Summerville and Andres Gonzalez May 21 (Reuters) - U.S. cosmetics giant Estee Lauder and Spain's Puig said on Thursday they have terminated talks related to a business combin...

By Mike Stone WASHINGTON, May 21 (Reuters) - Lockheed Martin broke ground on Thursday on an 87,000-square-foot Munitions Production Center at its Troy, Alabama campus, as part of a U.S. push to expand...

By Jody Godoy May 21 (Reuters) - The U.S. Federal Trade Commission fined Cox Media Group and two other companies for falsely claiming they could use AI to target ads based on conversations consumers h...

By Stephen Nellis SAN FRANCISCO, May 21 (Reuters) - Amkor Technology is working with Advanced Micro Devices on packaging AMD's chips, Amkor said on Thursday. Earlier this week, Amkor said it had secur...