Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hyperscaler results pose major test for AI-driven US stock market
By Lewis Krauskopf NEW YORK, April 29 (Reuters) - A pivotal moment for the artificial intelligence trade driving the U.S. stock market to all-time highs arrives on Wednesday with quarterly reports fro...
Thomson Reuters 3h ago
Powell's tenure as Fed chief, bookended by Trump, draws to a close
By Howard Schneider WASHINGTON, April 29 (Reuters) - On a chilly spring day in 2017, Jerome Powell made a six-hour round trip by car through heavy mountain fog from Washington to West Virginia Univers...
Thomson Reuters 3h ago
Eli Lilly investors are eager for Foundayo insight after early launch data
By Chris Prentice and Mariam Sunny April 29 (Reuters) - Eli Lilly investors will be searching for something they won't find in any first-quarter financial figures reported on Thursday: insight into th...
Thomson Reuters 3h ago
Trump meets with oil executives as Iran stalemate drags on, Axios reports
April 29 (Reuters) - U.S. President Donald Trump and his top officials met with oil and gas executives including Chevron CEO Mike Wirth at the White House on Tuesday to discuss the energy fallout of t...
Thomson Reuters 4h ago
Spot crude premiums ease from record highs despite Hormuz closure
By Siyi Liu, Florence Tan and Seher Dareen SINGAPORE/LONDON, April 29 (Reuters) - Spot premiums for physical crude have slipped from record highs reached earlier during the Iran war as refiners are dr...
Thomson Reuters 4h ago
Starbucks shares rise as turnaround efforts start showing results
By Akriti Shah April 29 - Starbucks shares rose 5% before the bell on Wednesday after the coffee chain raised its annual forecast, signaling that Chief Executive Brian Niccol's turnaround plan was bea...
Thomson Reuters 4h ago
Asian Development Bank cuts regional growth forecasts on impact of war in Middle East
SINGAPORE, April 29 (Reuters) - The Asian Development Bank on Wednesday cut its economic growth forecast for the region to 4.7% this year and 4.8% next year, down from earlier projections of 5.1% for ...
Thomson Reuters 4h ago
Wall Street futures mixed ahead of Big Tech earnings, Fed meeting
April 29 (Reuters) - U.S. stock index futures were mixed on Wednesday, in a cautious start to a day packed with several Big Tech earnings reports and a Federal Reserve meeting expected to be Chair Jer...
Thomson Reuters 4h ago
Robinhood shares fall as crypto slump dents trading volume growth
By Manya Saini and Arasu Kannagi Basil April 29 (Reuters) - Robinhood's shares plunged 10% before the bell on Wednesday, as crypto-driven market volatility dampened its first-quarter trading volume gr...
Thomson Reuters 4h ago
GKN Aerospace owner Melrose's quarterly revenue jumps; flags freight‑cost inflation
April 29 (Reuters) - GKN Aerospace owner Melrose Industries reported an 11% jump in first-quarter revenue on Wednesday, supported by the strong performance of wide-body jets, engines, and its repairs ...
Thomson Reuters 4h ago
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