Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Southwest to fly wine for free in rare perk as airline fees rise
April 8 (Reuters) - Southwest Airlines will fly wine for free from parts of the U.S. West Coast after launching new flights to California's wine country, in a rare freebie as carriers pile on addition...
Thomson Reuters 14h ago
Caterpillar CFO Andrew Bonfield to retire, names company veteran as successor
April 8 (Reuters) - Caterpillar said on Wednesday that finance chief Andrew Bonfield will retire in October, and named company veteran Kyle Epley as his successor. Bonfield joined Caterpillar in 2018 ...
Thomson Reuters 14h ago
Fed rate cut bets revived, a bit, by Iran war ceasefire
By Ann Saphir April 8 (Reuters) - Federal Reserve policymakers may consider cutting interest rates later this year now that an agreement for a two-week ceasefire in the Iran conflict has eased concern...
Thomson Reuters 14h ago
US banks could release $320 billion in capital with new draft rules, analysts say
By Tatiana Bautzer NEW YORK, April 8 (Reuters) - Big U.S. banks may be able to release up to $320 billion in capital under revised draft rules unveiled by regulators last month, Morgan Stanley analyst...
Thomson Reuters 15h ago
US pump prices to stay elevated despite US-Iran ceasefire deal, market observers say
By Shariq Khan NEW YORK, April 8 (Reuters) - U.S. consumers will continue to pay high prices to fill up their vehicles or purchase airplane tickets through the peak summer travel season, several marke...
Thomson Reuters 15h ago
Fed's Daly says US economic fundamentals in a 'good place'
By Ann Saphir April 8 (Reuters) - San Francisco Federal Reserve President Mary Daly on Wednesday said the U.S. economy is fundamentally in a "good place" despite sharply higher oil prices from the Ira...
Thomson Reuters 16h ago
Fed minutes show growing openness to rate hikes at March meeting
By Howard Schneider WASHINGTON, April 8 (Reuters) - A growing group of Federal Reserve policymakers felt last month that interest rate hikes might be needed to counter inflation that continued to exce...
Thomson Reuters 16h ago
Ex-Rio Tinto CEO's deep-sea mining firm to merge with Odyssey in $1 billion deal
By Ernest Scheyder April 8 (Reuters) - A deep-sea mining firm led by former Rio Tinto CEO Tom Albanese will merge with Odyssey Marine Exploration in a $1 billion all-stock deal aimed at building one o...
Thomson Reuters 17h ago
Lufthansa cabin crew union calls one-day strike in Germany
April 8 (Reuters) - Lufthansa faces a one-day strike this week, the airline's third labor disruption in two months. The cabin crew union UFO has called on staff at the core Lufthansa brand and its fee...
Thomson Reuters 17h ago
Berkshire-owned PacifiCorp utility wins ruling that could reduce Oregon wildfire damages
By Jonathan Stempel April 8 (Reuters) - An appeals court on Wednesday ruled in favor of Berkshire Hathaway's PacifiCorp unit over a series of Oregon wildfires in 2020, saying a trial judge erred in le...
Thomson Reuters 18h ago
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