Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Trading Day: Lift off for stocks and bonds
By Jamie McGeever ORLANDO, Florida, May 20 (Reuters) - Stocks rallied while oil and bond yields tumbled on Wednesday, on growing hopes that a U.S.-Iran peace deal could be imminent, and shares in chip...
Thomson Reuters May 20, 2026
Devon Energy dominates record $4 billion US government oil and gas auction
May 20 (Reuters) - Devon Energy accounted for more than half of a record $4 billion sale of oil and gas drilling rights on federal lands in New Mexico and Texas held by the Trump administration on Wed...
Thomson Reuters May 20, 2026
SpaceX IPO filing lays bare losses and Musk control as it stakes future on AI
By Echo Wang and Manya Saini May 20 (Reuters) - SpaceX took the wraps off its IPO filing on Wednesday, laying bare for investors just how much Elon Musk is losing on artificial intelligence while bett...
Thomson Reuters May 20, 2026
NextEra to buy Quantum-backed energy firm Caliber, set up US shale JV, sources say
By Shariq Khan NEW YORK, May 20 (Reuters) - NextEra Energy has agreed to buy U.S. oil and gas investment firm Caliber Resource Partners for $1.3 billion and has separately set up a joint venture with ...
Thomson Reuters May 20, 2026
Nvidia bets on new data center chips for growth as sales outlook tops estimates
By Stephen Nellis, Max A. Cherney and Zaheer Kachwala May 20 (Reuters) - Nvidia CEO Jensen Huang on Wednesday aimed to assure investors that the world's most valuable company can keep up its blockbust...
Thomson Reuters May 20, 2026
Elf Beauty forecasts weak year, flags up to $20 million hit from Iran war
By Arriana McLymore and Neil J Kanatt May 20 (Reuters) - Elf Beauty on Wednesday forecast annual sales and profit below analysts' expectations, and said surging oil prices tied to the Iran war could h...
Thomson Reuters May 20, 2026
Intuit trims annual TurboTax revenue forecast, to cut 17% of workforce
May 20 (Reuters) - Intuit lowered annual revenue forecast for its tax-filing software, TurboTax, on Wednesday and said it would cut 17% of its full-time workforce, sending its shares down 14% after th...
Thomson Reuters May 20, 2026
Fed proposes limited payment accounts for fintechs, others
By Pete Schroeder and Hannah Lang WASHINGTON, May 20 (Reuters) - The U.S. Federal Reserve proposed Wednesday adopting a new, more limited form of a payment account that would allow firms like fintechs...
Thomson Reuters May 20, 2026
White House briefs AI firms on plans for model review, the Information reports
May 20 (Reuters) - The White House's Office of the National Cyber Director hosted a briefing for leading AI companies on a planned executive order that would empower intelligence and other government ...
Thomson Reuters May 20, 2026
Cargill locks out 1,700 workers at US beef plant in labor dispute
By Tom Polansek CHICAGO, May 20 (Reuters) - Cargill stopped paying about 1,700 employees at a beef plant in Fort Morgan, Colorado, on Wednesday in an escalating labor dispute, after suspending cattle ...
Thomson Reuters May 20, 2026
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