Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Factbox-Global satellite internet companies at a glance
April 14 (Reuters) - Amazon.com said on Tuesday it would buy satellite company Globalstar in an $11.57 billion deal, as it looks to take on bigger rival SpaceX's Starlink. Satellite internet is taking...
Thomson Reuters Apr 14, 2026
US producer prices increase less than expected in March
WASHINGTON, April 14 (Reuters) - U.S. producer prices increased less than expected in March as the cost of services was unchanged, but surging energy prices because of the war with Iran were fanning i...
Thomson Reuters Apr 14, 2026
PepsiCo faces pressure to show Elliott-triggered turnaround is working
(Corrects spelling of surname in paragraphs 7-9 to Link (not Ling) By Alexander Marrow and Juveria Tabassum LONDON, April 14 (Reuters) - Seven months after activist investor Elliott disclosed a $4 bil...
Thomson Reuters Apr 14, 2026
Citi profit beats estimates as market volatility lifts trading revenue
By Tatiana Bautzer and Prakhar Srivastava April 14 (Reuters) - Citigroup beat estimates for first-quarter profit on Tuesday, as geopolitical tensions fueled market volatility and boosted trading reven...
Thomson Reuters Apr 14, 2026
Amazon to buy satellite firm Globalstar in $11.57 billion deal to take on Musk's Starlink
By Deborah Mary Sophia and Akash Sriram April 14 (Reuters) - Amazon.com said on Tuesday it will acquire Globalstar in an $11.57 billion deal, bolstering its fledgling satellite business as it tries to...
Thomson Reuters Apr 14, 2026
CarMax posts quarterly loss on goodwill charge, weak used-car demand
April 14 (Reuters) - Used car retailer CarMax reported a fourth-quarter loss on Tuesday, hurt by a goodwill impairment charge and shrinking margins from used vehicles. Shares of the Richmond, Virginia...
Thomson Reuters Apr 14, 2026
Dow names insider Karen Carter CEO as Fitterling moves to executive chair role
April 14 (Reuters) - Chemicals maker Dow named operations chief Karen Carter as its new CEO on Tuesday, handing the reins to a long-time insider as the company grapples with weak demand, restructuring...
Thomson Reuters Apr 14, 2026
ASML investors bet on 'picks and shovels' of AI revolution
By Toby Sterling and Nathan Vifflin AMSTERDAM, April 14 (Reuters) - Investors in, Europe's most valuable listed company, are betting the chip-equipment maker can raise financial forecasts when it repo...
Thomson Reuters Apr 14, 2026
Grocer Albertsons forecasts annual sales below estimates
April 14 (Reuters) - Albertsons forecast its annual sales below Wall Street estimates on Tuesday, pointing to pressure on demand from fierce competition with bigger rivals rolling out heavier discount...
Thomson Reuters Apr 14, 2026
BetMGM cuts 2026 revenue forecast as punters win big in sports betting
April 14 (Reuters) - U.S. online gambling operator BetMGM cut its 2026 revenue outlook on Tuesday, citing a soft first quarter for its online sports betting business. The company, a joint venture betw...
Thomson Reuters Apr 14, 2026
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