Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
AI hyperscalers upend usual earnings stock swing pattern
NEW YORK, Aug 11 (Reuters) - Larger-than-usual post-earnings stock swings by AI and hyperscaler companies this earnings season have upended a historical pattern in which smaller companies' results typ...
Thomson Reuters Aug 11, 2026
AI startup Manus to resume independent operations as deal with Meta unwinds
BEIJING, Aug 11 (Reuters) - AI startup Manus said on Tuesday it will resume operating as an independent company and some user data will be deleted as part of its separation from U.S. tech giant Meta. ...
Thomson Reuters Aug 11, 2026
Atlanta Fed's Venable: Inflation too high, with prospect of easing dependent on events in Middle East
By Howard Schneider WASHINGTON, Aug 11 (Reuters) - Atlanta Fed interim President Cheryl Venable said on Tuesday that inflation remains too high, a message heard from contacts across the Southeast, wit...
Thomson Reuters Aug 11, 2026
US auto loans hit record high in second quarter, New York Fed says
By Howard Schneider WASHINGTON, Aug 11 (Reuters) - U.S. consumers took out a record amount in auto loans in the second quarter and boosted their credit card and home equity balances as well, the New Y...
Thomson Reuters Aug 11, 2026
Boeing jet deliveries drop 17% in July
SEATTLE, Aug 11 (Reuters) - Boeing said Tuesday that it delivered 53 jets in July, five more than a year earlier, but a sharp drop from the 64 jets it handed over in June. The U.S. planemaker trailed ...
Thomson Reuters Aug 11, 2026
Disney wins global streaming rights for Formula E races
Aug 11 (Reuters) - Disney said on Tuesday it had signed a multi-year deal to stream all-electric Formula E races globally across 144 territories on Disney+, with races also available on ESPN and ESPN+...
Thomson Reuters Aug 11, 2026
US existing home sales fall further; small business sentiment at 11-month high
By Lucia Mutikani WASHINGTON, Aug 11 (Reuters) - U.S. existing home sales fell for a second straight month in July as higher mortgage rates and house prices because of tight supply pushed out potentia...
Thomson Reuters Aug 11, 2026
S&P 500, Nasdaq open higher as investors weigh report of fresh U.S.-Iran peace deal
Aug 11 (Reuters) - The S&P 500 and the Nasdaq opened higher on Tuesday as investors welcomed a report suggesting the U.S and Iran were close to "some sort of an arrangement" to end six months of confl...
Thomson Reuters Aug 11, 2026
Air taxi firm Joby acquires defense tech company for $500 million
Aug 11 (Reuters) - Joby Aviation said on Tuesday it would buy defense technology company Resonant Sciences for about $500 million, as it looks to scale its business in a growing defense market. Electr...
Thomson Reuters Aug 11, 2026
XAI co-founder's startup River AI raises $1.1 billion to expand custom AI tools
Aug 11 (Reuters) - Startup River AI, founded by xAI co-founder Igor Babuschkin, said on Tuesday it has raised $1.1 billion, looking to expand tools that help clients build personalized AI models on th...
Thomson Reuters Aug 11, 2026
Sat Aug 15
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