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

By Michael S. Derby NEW YORK, May 8 (Reuters) - Strong U.S. hiring data in April dealt prospective Federal Reserve Chair Kevin Warsh's hopes of cutting interest rates a setback on Friday, giving offic...

By Sneha S K May 8 (Reuters) - Eli Lilly's new weight-loss pill, Foundayo, was prescribed 7,335 times in the U.S. in the fourth week, a modest uptake compared to rival Novo Nordisk's Wegovy pill, anal...

May 8 (Reuters) - Global equity funds attracted inflows for a seventh straight week in the period through May 6, supported by upbeat first quarter earnings and hopes for a U.S.-Iran peace agreement. I...

By Lucia Mutikani WASHINGTON, May 8 (Reuters) - U.S. employment increased more than expected in April, pointing to labor market stability and reinforcing expectations the Federal Reserve would keep in...

LONDON, May 8 (Reuters) - HSBC shocked markets with an unexpectedly large $400 million loss linked to a fraud case involving a British mortgage lender this week, turning the spotlight to banks and the...

May 8 (Reuters) - U.S. stock index futures extended gains on Friday after a stronger-than-expected jobs report signaled resilience in the labor market and eased concerns about a slowdown in the U.S. e...

By Promit Mukherjee OTTAWA, May 8 (Reuters) - Canada's unemployment rate rose to a six-month high in April to 6.9% as the economy lost a net 17,700 jobs, Statistics Canada data showed on Friday, indic...

May 8 (Reuters) - Porsche AG said on Friday that it planned to cut more than 500 jobs as it discontinues three subsidiaries to focus on core business. The company the units Cellforce Group GmbH, Porsc...

May 8 (Reuters) - Cloudflare shares tumbled more than 15% in premarket trading on Friday, after its quarterly revenue forecast disappointed investors who had bet the stock would be a major beneficiary...

By Clara Denina and Divya Rajagopal LONDON, May 8 (Reuters) - Rio Tinto is evaluating the economic potential of McEwen Copper's giant Los Azules project in Argentina as the mining group considers incr...