Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Kohl’s backs forecast as smaller-than-expected loss signals turnaround progress
May 28 (Reuters) - Kohl's stuck to its annual targets after posting a smaller-than-expected loss on Thursday, amid signs that the department store chain's turnaround efforts under new CEO Michael Bend...
May 28, 2026
From biotech to orbit: Rocket One's AI and space rebrand sends shares flying
By Shashwat Chauhan May 28 (Reuters) - Shares of biotech-turned-AI company Rocket One jumped almost 40% on Thursday as the company rebranded to capitalize on hot investment themes, a strategy many sma...
May 28, 2026
Hospitality baron Fertitta expands leisure push with $18 billion Caesars buyout
By Anshuman Tripathy May 28 (Reuters) - Hospitality billionaire Tilman Fertitta's firm will buy Caesars Entertainment in a $17.6 billion deal, the companies said on Thursday, expanding his leisure emp...
May 28, 2026
Best Buy forecasts upbeat sales as AI gadgets boost demand; shares rise
By Savyata Mishra May 28 (Reuters) - Best Buy on Thursday forecast second-quarter sales above Wall Street estimates after beating quarterly expectations on steady demand for AI-powered smartphones and...
May 28, 2026
Private equity firm EQT partners with Google Cloud for AI rollout
(Official correction to show in paragraph 5 engineers will work with 35 people in EQT's AI transformation team, not 85) By Isla Binnie NEW YORK, May 28 (Reuters) - EQT has partnered with Alphabet's Go...
May 28, 2026
IBM to invest $10 billion for large-scale quantum computer by 2029
May 28 (Reuters) - IBM said on Thursday it plans to invest more than $10 billion in quantum computing over five years as it aims to build by 2029 the first large-scale quantum computer capable of runn...
May 28, 2026
CVS brings back coverage for Lilly's obesity drug Zepbound
By Sriparna Roy May 28 (Reuters) - CVS Health will restore Eli Lilly's weight-loss injection Zepbound to its list of covered drugs and add the drugmaker's newly approved obesity pill, Foundayo, it sai...
May 28, 2026
US auto safety regulator opens probe into nearly 115,000 Rivian vehicles
May 28 (Reuters) - The U.S. National Highway Traffic Safety Administration said on Thursday it has opened a preliminary probe into 114,922 Rivian vehicles over an issue with the rear toe link. The iss...
May 28, 2026
Morning Bid: Three months, and counting
By Mike Dolan May 28 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It's now a full three months into the Iran war, and the United States...
May 28, 2026
Dollar Tree raises annual profit forecast on steady demand
May 28 (Reuters) - Dollar Tree raised its annual profit forecast on Thursday, buoyed by resilient demand for affordable essentials from budgetconscious shoppers and its efforts to offset higher costs,...
May 28, 2026
