Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed likely to hold rates steady at what may be last meeting of Powell era
By Howard Schneider WASHINGTON, April 29 (Reuters) - The Federal Reserve is expected to hold interest rates steady on Wednesday as officials debate whether to flag risks of rising inflation in a polic...
Thomson Reuters 5h ago
Inside SpaceX's IPO: Musk's most ambitious plan yet
By David Jeans and Echo Wang NEW YORK, April 29 (Reuters) - In the days after the PayPal IPO in 2002, Elon Musk and company executives gathered at a Las Vegas casino to celebrate. But while others soc...
Thomson Reuters 5h ago
Elon Musk to return to witness stand in trial over OpenAI's future
By Deepa Seetharaman and Max A. Cherney OAKLAND, California, April 29 (Reuters) - Elon Musk is set to return to the witness stand on Wednesday in a high-stakes trial over a lawsuit he brought against ...
Thomson Reuters 5h ago
Bunge boosts earnings outlook on strong processing margins
April 29 (Reuters) - Bunge raised its full-year adjusted profit forecast on Wednesday, citing a strong oilseed processing outlook and the removal of uncertainty that had weighed on results in recent q...
Thomson Reuters 5h ago
Fed chief nominee Warsh set to clear key confirmation hurdle on Wednesday
By David Lawder WASHINGTON, April 29 (Reuters) - Kevin Warsh, U.S. President Donald Trump's pick to lead the Federal Reserve, is set to clear a key procedural hurdle on Wednesday, opening the way for ...
Thomson Reuters 5h ago
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 5h 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 5h 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 5h 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 5h 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 5h ago
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