Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Bank of Canada says don't put much weight on GDP data showing technical recession
OTTAWA, June 1 (Reuters) - The Bank of Canada on Monday cautioned against putting too much weight on recent GDP data which showed two consecutive quarters of decline on an annualized basis. Senior dep...
Thomson Reuters Jun 01, 2026
Anthropic moves toward IPO, stepping up race with OpenAI
By Manya Saini and Echo Wang June 1 (Reuters) - AI giant Anthropic has confidentially filed for a U.S. initial public offering, the company said on Monday, edging ahead of rival OpenAI in a closely wa...
Thomson Reuters Jun 01, 2026
Nvidia courts Korea's tech giants at Taipei dinner as AI push deepens
By Ben Blanchard and Wen-Yee Lee TAIPEI, June 1 (Reuters) - Nvidia CEO Jensen Huang hosted top South Korean tech executives including the boss of chipmaker SK Hynix at a boisterous dinner on Monday, a...
Thomson Reuters Jun 01, 2026
Seagate reaches $175 million settlement of shareholder claims it concealed sales to China's Huawei
By Jonathan Stempel June 1 (Reuters) - Seagate Technology reached a $175 million settlement of a lawsuit claiming it defrauded shareholders by concealing it violated U.S. export control laws by sellin...
Thomson Reuters Jun 01, 2026
US construction spending beats expectations in April
WASHINGTON, June 1 (Reuters) - U.S. construction spending increased more than expected in April, boosted by single-family homebuilding, though rising mortgage rates amid the war with Iran continued to...
Thomson Reuters Jun 01, 2026
Exclusive-Barrick Mining weighs London listing as it negotiates Africa business sale, sources say
By Divya Rajagopal and Clara Denina TORONTO, June 1 (Reuters) - Barrick Mining, one of the world's leading gold miners, is weighing a possible London listing for its African business, with a potential...
Thomson Reuters Jun 01, 2026
Supreme Court seeks Trump administration views on Robinhood IPO dispute
By Andrew Chung June 1 (Reuters) - The U.S. Supreme Court asked President Donald Trump's administration on Monday to weigh in on whether it should hear a bid by Robinhood Markets to shut down a lawsui...
Thomson Reuters Jun 01, 2026
Explainer-What are AI PCs that Nvidia's Jensen Huang is betting on?
June 1 (Reuters) - Nvidia has turned the spotlight on AI PCs after CEO Jensen Huang launched a new chip that would put artificial intelligence capabilities directly into laptops and desktop computers,...
Thomson Reuters Jun 01, 2026
Activist Toms Capital presses insurance firm Voya to explore sale
June 1 (Reuters) - Activist hedge fund Toms Capital Investment Management on Monday urged Voya Financial to explore strategic options, including a potential sale, arguing the insurance and investment ...
Thomson Reuters Jun 01, 2026
Canadian factory sector grows on likely war-linked stockpiling
By Fergal Smith TORONTO, June 1 (Reuters) - Canada's manufacturing sector expanded for a second straight month in May as the potential for higher prices and product shortages due to the war in the Mid...
Thomson Reuters Jun 01, 2026
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