Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
FedEx trucking spinoff targets 2026 operating margin of 12%
April 8 (Reuters) - FedEx Freight, the trucking company separating from the overnight delivery firm this summer, is expected to report an operating margin of 12% this year, incoming CEO John Smith tol...
Thomson Reuters Apr 08, 2026
Sport-Women's elite sports revenues to reach $3 billion in 2026, Deloitte says
April 8 (Reuters) - Global revenues in women's elite sports will reach at least $3 billion for the first time in 2026, marking an increase of 25% compared to last year, Deloitte said in a report on We...
Thomson Reuters Apr 08, 2026
Shell flags lower gas output, capital outflow amid Iran conflict but sees oil trading boost
By Stephanie Kelly and Shadia Nasralla LONDON, April 8 (Reuters) - Shell said on Wednesday that weaker first-quarter gas output and a hit to short-term liquidity would be offset partly by stronger oil...
Thomson Reuters Apr 08, 2026
US mortgage rates edge down to 6.51%, MBA says
April 8 (Reuters) - The interest rate on the most popular U.S. home loan ticked down last week for the first time since the start of the Iran war, but not enough to rejuvenate a housing market that's ...
Thomson Reuters Apr 08, 2026
Levi Strauss shares rise as pricey denim sales smooth over tariff hit
By Juveria Tabassum April 8 (Reuters) - Levi Strauss' shares jumped about 10% on Wednesday as investors cheered its strongest quarterly revenue growth in nearly four years, with confidence growing in ...
Thomson Reuters Apr 08, 2026
Exxon signals Q1 upstream profit bump from Iran war, downstream boost in later quarters
By Sheila Dang HOUSTON, April 8 (Reuters) - Higher oil and gas prices due to the U.S.-Israeli war on Iran could boost Exxon Mobil's first-quarter upstream earnings by up to $2.9 billion, outweighing t...
Thomson Reuters Apr 08, 2026
Morning Bid: Big relief rally, for now
(Corrects error in byline field) April 8 - A look at the day ahead in U.S. and global markets from Alun John Markets exhaled on Wednesday after news of a two-week ceasefire between the U.S. and Iran, ...
Thomson Reuters Apr 08, 2026
Ackman's UMG bid sees analysts split on Bolloré's next move
By Mateusz Rabiega and Leo Marchandon April 8 (Reuters) - Market analysts are split over whether Universal Music Group's top stakeholders will support billionaire Bill Ackman's Pershing Square propose...
Thomson Reuters Apr 08, 2026
Grab to lean on scale, AI to navigate rising fuel costs, CEO says
By Gibran Naiyyar Peshimam and Stefanno Sulaiman JAKARTA, April 8 (Reuters) - Southeast Asia's top ride-hailing and delivery firm Grab believes artificial intelligence-led products and services will h...
Thomson Reuters Apr 08, 2026
Delta scraps capacity growth plans as fuel price surge drives up costs
By Rajesh Kumar Singh and Shivansh Tiwary CHICAGO, April 8 (Reuters) - Delta Air Lines on Wednesday forecast second-quarter profit below expectations and said it would pull all planned capacity growth...
Thomson Reuters Apr 08, 2026
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