Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Prudential Financial delivers big EPS beat in first quarter
By Alwyn Scott NEW YORK (Reuters) -Prudential Financial Inc on Tuesday posted profits that topped analysts' estimates by nearly 50% for the first quarter, boosted by record results in its asset manage...
May 04, 2021
Bombardier to exit its Alstom stake valued at $633 million
MONTREAL (Reuters) - Canadian business jet maker Bombardier Inc. said on Tuesday it expects to exit its 3.1% stake in French rail giant Alstom SA valued at around 527 million euros ($633 million) thro...
May 04, 2021
U.S Treasury’s Yellen downplays inflation, rate hike concerns
WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen said on Tuesday that she does not anticipate that inflation will be a problem for the U.S. economy, as price increases during the recovery s...
May 04, 2021
Hotel operator Hyatt posts bigger loss
(Reuters) - U.S. hotel operator Hyatt Hotels Corp reported a bigger loss for the first quarter on Tuesday as people stayed at home due to the COVID-19 pandemic. Net loss attributable to Hyatt was $304...
May 04, 2021
Polish parliament approves legislation needed for EU recovery fund
(Reuters) - Poland's lower house of parliament on Tuesday approved legislation essential to the European Union's 750-billion-euro ($901 billion) COVID-19 recovery fund, bringing the 27-nation bloc a s...
May 04, 2021
U.S. watchdog says Black, Hispanic homeowners more distressed than whites
By Katanga Johnson WASHINGTON (Reuters) - Black and Hispanic U.S. mortgage borrowers are much more likely to be delinquent or in a "forbearance" program than white borrowers, highlighting how the COVI...
May 04, 2021
Senate Democrats propose $73 billion to shift U.S. to EV transit buses
WASHINGTON (Reuters) - Two U.S. Senate Democrats on Tuesday proposed spending $73 billion to electrify the nation's 70,000 transit buses as part of a push to move the United States toward zero-emissio...
May 04, 2021
Tinder owner expects revenue boost as easing curbs to fuel ‘summer of love’
(Reuters) - Match Group Inc forecast current-quarter revenue above expectations on Tuesday, banking on its online dating apps including Tinder and Hinge attracting more subscribers as easing pandemic ...
May 04, 2021
Lyft slashes losses with ongoing cost cuts, maintains third-quarter profit target
By Tina Bellon and Akanksha Rana (Reuters) -Lyft Inc on Tuesday posted significantly lower losses than expected and reiterated its goal to be profitable on an adjusted basis in the third quarter thank...
May 04, 2021
T-Mobile raises 2021 postpaid adds forecast on 5G strength
(Reuters) -T-Mobile US Inc raised its full-year postpaid subscriber net additions forecast after trouncing analysts' first-quarter estimates on Tuesday, boosted by robust demand for its 5G services fr...
May 04, 2021
Wed Jul 22
Nashville, TN, USA
76°F
