Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Silicon Valley venture capital firm TCV raises $4 billion for latest fund
By Jane Lanhee Lee (Reuters) - Silicon Valley venture capital firm TCV said on Wednesday it raised $4 billion for its 11th fund, the biggest fund in its 25-year history, after many of the portfolio co...
Jan 27, 2021
Wall Street expects near-record iPhone sales despite delay, shut Apple stores
By Stephen Nellis (Reuters) - During the last three months of 2020, Apple Inc delivered its flagship iPhone 12 model weeks later than normal iPhone debuts and shuttered some of its stores due to the p...
Jan 27, 2021
Facebook investors, shrugging off election woes, look for ‘social commerce’ payday
By Katie Paul PALO ALTO (Reuters) - Facebook Inc may face questions about fallout from U.S. election controversies when it posts earnings on Wednesday, but top of mind for investors is a less politica...
Jan 27, 2021
AT&T quarterly postpaid phone additions jump on 5G boost
(Reuters) - AT&T Inc said on Wednesday it added more postpaid phone subscribers than expected during the fourth quarter, helped by an uptick in demand for its 5G services as people continued to work f...
Jan 27, 2021
Boeing 737 MAX safe to return to service in Europe, regulator says
PARIS (Reuters) - Boeing's 737 MAX airliner is safe to return to service in Europe, the European Union Aviation Safety Agency (EASA) said on Wednesday, lifting a 22-month flight ban after two crashes ...
Jan 27, 2021
Business jet prices seen as stabilizing in 2021 after year-end order blitz
By Allison Lampert and Ankit Ajmera (Reuters) - Preowned business jet prices are seen stabilizing in 2021, boosted by a December blitz of orders, after COVID-19 depressed demand and pricing last year,...
Jan 27, 2021
Fed on hold as officials weigh pandemic against vaccines, fiscal support
By Howard Schneider WASHINGTON (Reuters) - The Federal Reserve is expected to keep U.S. monetary policy locked in crisis-fighting mode at its meeting ending on Wednesday as policymakers assess an econ...
Jan 27, 2021
GameStop stock doubles again with no let-up in amateur interest
(Reuters) - Shares of videogame retailer GameStop Corp surged another 130% on Wednesday in pre-market trading as amateur investors continued to pile into the stock that has skyrocketed nearly 700% ove...
Jan 27, 2021
Jaguar Land Rover appoints creative chief to board as it redefines strategy
LONDON (Reuters) - Jaguar Land Rover appointed its creative boss to the board of management on Wednesday to help redefine the Jaguar brand as Britain's biggest carmaker reviews its strategy under new ...
Jan 27, 2021
Nasdaq Clearing fined $36 million in Sweden over 2018 trader default
By Nora Buli OSLO (Reuters) - Nasdaq Clearing has been fined 300 million Swedish crowns ($36 million) by Sweden's financial supervisory authority (FI) over the default of a power trader in 2018 that s...
Jan 27, 2021
