Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Bitcoin rises to three-year peak, all-time high in sight
LONDON (Reuters) - Bitcoin rose to a three-year high of $18,600 on Friday, up 4.5% on the day and close to its all-time high of just under $20,000. Bitcoin has gained over 16% so far this week - its b...
Nov 20, 2020
New York judge reduces J&J damages award in baby powder case to $120 million
NEW YORK (Reuters) - A New York state judge has reduced to $120 million from $325 million a damages verdict against Johnson & Johnson to a woman who blamed her cancer on asbestos exposure from using t...
Nov 20, 2020
Investors bet on credit deterioration on Treasury-Fed divide
NEW YORK (Reuters) - The price of U.S. corporate debt fell on Friday morning as investors bet that credit conditions could deteriorate if key pandemic lending programs at the Federal Reserve are allow...
Nov 20, 2020
Mnuchin says Main Street U.S. companies need grants, not loans
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Friday defended his decision to end several of the Federal Reserve's key pandemic lending programs on Dec. 31, saying Congress should u...
Nov 20, 2020
Canadian dollar adds to weekly gain as retail sales climb
TORONTO (Reuters) - The Canadian dollar edged higher against its U.S. counterpart on Friday as domestic data showed a stronger-than-expected increase in September retail sales, with the currency addin...
Nov 20, 2020
Nike hikes dividend by 12% ahead of expected sales bounce
(Reuters) - Nike Inc said on Friday it would raise its quarterly dividend by 12%, or 3 cents per share, underscoring the financial strength of the world's largest sportswear maker in the midst of the ...
Nov 20, 2020
Amazon pilot lifts stock exchanges into the cloud
By Huw Jones LONDON (Reuters) - A pilot by online giant Amazon and two stock exchanges showed how moving share trading from costly physical servers to cloud computing could save money and reduce the p...
Nov 20, 2020
Luminar to supply lidar sensors for Mobileye’s self-driving fleet
By Paul Lienert (Reuters) - Luminar Technologies, the self-driving sensor startup that is about to go public, said on Friday that it will supply laser-based lidar sensors to Intel Corp's Mobileye subs...
Nov 20, 2020
Fed’s Evans says end of pandemic relief ‘disappointing’
(Reuters) - Chicago Federal Reserve Bank President Charles Evans said Friday he was disappointed by U.S. Treasury Secretary Steven Mnuchin's decision Thursday to end several of the Fed's key pandemic ...
Nov 20, 2020
Buffett’s NetJets sees boost in 2021 from nervous wealthy fliers
By Ankit Ajmera (Reuters) - NetJets, a private jet firm owned by Warren Buffett's Berkshire Hathaway, expects aircraft deliveries to rise by a third next year, as wealthy travelers looking to avoid co...
Nov 20, 2020
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