Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: Brazil, automakers deadlocked over loan collateral from parent companies – sources
By Carolina Mandl and Marcelo Rochabrun SAO PAULO (Reuters) - Global automakers seeking emergency financing for their plants in Brazil have reached an impasse with several state and private banks, aft...
Syndicated Content Apr 29, 2020
EBay sees current-quarter revenue above view as more people shop online
(Reuters) - EBay Inc forecast current-quarter revenue above Wall Street estimates on Wednesday, as the e-commerce company benefited from a surge in online orders with people staying indoors because of...
Syndicated Content Apr 29, 2020
Tesla’s profit streak not derailed by coronavirus as auto industry braces for losses
By Akanksha Rana and Tina Bellon (Reuters) - Tesla Inc on Wednesday posted its third quarterly profit in a row, but said the novel coronavirus was hurting deliveries and lockdown restrictions made it ...
Syndicated Content Apr 29, 2020
Canopy Growth Corp to lay off 200 employees
(Reuters) - Canadian pot producer Canopy Growth Corp said on Wednesday it would lay off 200 employees in North America and the UK, according to an internal announcement seen by Reuters. The layoffs ar...
Syndicated Content Apr 29, 2020
Qualcomm second-quarter results beat estimates, shares rise
(Reuters) - Qualcomm Inc on Wednesday beat Wall Street estimates for quarterly results and forecast current-quarter sales largely in line with expectations even though several other chipmakers had fla...
Syndicated Content Apr 29, 2020
Facebook sees signs of stability in ad spending
(Reuters) - Facebook Inc beat analysts' estimates for quarterly revenue on Wednesday, and said it has seen signs of stability in ad spending during the first three weeks of April. Shares of the compan...
Syndicated Content Apr 29, 2020
Microsoft revenue beats as remote work boosts Teams, Windows
(Reuters) - Microsoft Corp reported quarterly revenue above Wall Street estimates on Wednesday, boosted by higher usage from its online app Teams collaboration and higher demand for the Windows operat...
Syndicated Content Apr 29, 2020
US money market assets increased in latest week: iMoneyNet
NEW YORK, April 29 (Reuters) - U.S. money market fund assets increased by $72.69 billion to $4.652 trillion in the week ended April 28, the Money Fund Report said on Wednesday. Taxable money market fu...
Syndicated Content Apr 29, 2020
EU’s Gentiloni urges Europe to get recovery plan for second half of 2020
PARIS (Reuters) - Europe's recovery plan should be ready to kick in in the second half of the year and not drag on until December or later, European Commissioner Paolo Gentiloni said on Wednesday. In ...
Syndicated Content Apr 29, 2020
Exclusive: Chesapeake Energy preparing bankruptcy filing – sources
By Mike Spector and David French (Reuters) - Chesapeake Energy Corp , the oil and gas exploration and production company that was at the forefront of the past decade's U.S. shale boom, is preparing a ...
Syndicated Content Apr 29, 2020
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Sheboygan, WI, USA
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