Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
ECB set for 'insurance hike' as Iran war fans euro zone inflation
By Francesco Canepa and Balazs Koranyi FRANKFURT, June 11 (Reuters) - The European Central Bank is all but certain to raise interest rates on Thursday in the hope of nipping higher inflation in the bu...
Thomson Reuters Jun 10, 2026
Short seller Jim Chanos doubts SpaceX valuation, says IPO fueled by 'hopes and dreams'
By Anirban Sen and Pritam Biswas June 10 (Reuters) - Prominent short seller Jim Chanos took aim at the highly anticipated IPO of SpaceX, warning the Elon Musk-led space company's offering is fueled by...
Thomson Reuters Jun 10, 2026
Microsoft's Xbox plans for major layoffs next month, Bloomberg News reports
June 10 (Reuters) - Microsoft's Xbox division is planning major layoffs next month and significant cuts to marketing and other budgets, Bloomberg News reported on Wednesday. The job cuts would mark th...
Thomson Reuters Jun 10, 2026
Trading Day: Sizzling AI now fizzling
By Jamie McGeever ORLANDO, Florida, June 10 (Reuters) - Another heavy selloff in tech dragged U.S. and global stocks lower on Wednesday, and wider investor sentiment was rocked and oil prices rose sha...
Thomson Reuters Jun 10, 2026
JPMorgan, Barclays, Fifth Third defeat lawsuit over missed 'red flags' at Tricolor
By Jonathan Stempel NEW YORK, June 10 (Reuters) - JPMorgan Chase, Barclays and Fifth Third won the dismissal of a lawsuit by investors who said the banks missed "giant red flags" at the now-bankrupt s...
Thomson Reuters Jun 10, 2026
Oracle's AI spending blows past estimates, raising worries over growing debt
By Juby Babu and Stephen Nellis June 10 (Reuters) - Oracle on Wednesday forecast capital spending plans for fiscal 2027 above Wall Street estimates, as the cloud computing company said it will also ra...
Thomson Reuters Jun 10, 2026
Navan lifts annual forecasts as corporate demand holds firm, shares rise
June 10 (Reuters) - Navan raised its full-year forecasts for revenue and operating income on Wednesday, citing resilient business travel demand and growth in its enterprise customer base, sending shar...
Thomson Reuters Jun 10, 2026
Wall Street indexes fall more than 1%, hit by tech, Iran war worries
By Caroline Valetkevitch and Joel Jose June 10 (Reuters) - The major U.S. stock indexes ended more than 1% lower on Wednesday, with chipmaker shares extending recent declines and with renewed tensions...
Thomson Reuters Jun 10, 2026
OpenAI says Chinese propaganda is being deployed to foment dissent over tariffs, data centers
WASHINGTON, June 10 (Reuters) - Chinese propagandists have been trying to use OpenAI's flagship chat to gin up opposition to Donald Trump's tariffs and intervene in American debates over data centers ...
Thomson Reuters Jun 10, 2026
Wall Street indexes fall more than 1%, hit by tech, Iran war worries
By Caroline Valetkevitch and Joel Jose June 10 (Reuters) - The major U.S. stock indexes ended more than 1% lower on Wednesday, with chipmaker shares extending recent declines and with renewed tensions...
Thomson Reuters Jun 10, 2026





