Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hearing on objections to Amazon union election to start May 7: labor group
(Reuters) - The labor group that did not secure enough votes from Amazon.com Inc warehouse workers in Alabama to form a union said on Monday the hearing on its objections to the election is set to sta...
Apr 26, 2021
Tesla’s Elon Musk qualifies for $11 billion options payout
By Noel Randewich (Reuters) - Tesla's quarterly report on Monday hit targets qualifying Chief Executive Elon Musk for two options payouts worth a combined $11 billion. The electric car maker beat Wall...
Apr 26, 2021
Exclusive: White House pushing for 80% clean U.S. power grid by 2030
By Valerie Volcovici and Nichola Groom (Reuters) - The White House hopes to capitalize on growing support from U.S. utilities, unions and green groups for a national clean energy mandate by pushing Co...
Apr 26, 2021
CalPERS to back activist’s four director nominees in Exxon board fight
BOSTON (Reuters) - The California Public Employees' Retirement System (CalPERS) said on Monday it plans to vote for Engine No. 1's four director nominees to Exxon Mobil Corp's board, becoming the seco...
Apr 26, 2021
J&J execs get pay raises, but only after bruising shareholder ‘Vote No’ campaign
By Jessica DiNapoli and Ross Kerber NEW YORK (Reuters) - Roughly 57% of investor votes cast backed healthcare company Johnson & Johnson's executive pay for 2020, a low level of support for a proposal ...
Apr 26, 2021
Tesla beats quarterly revenue expectations on strong deliveries
(Reuters) - Tesla Inc beat Wall Street expectations for first-quarter revenue and profit on Monday boosted by record deliveries, robust demand from China and environmental credit sales. Tesla said it ...
Apr 26, 2021
Lyft sells self-driving tech unit to Toyota for $550 million, moves up profit timeline
By Tina Bellon (Reuters) - Lyft Inc will sell its self-driving technology unit to Toyota Motor Corp in a $550 million deal, the companies said on Monday, allowing the ride-hail company to hit its prof...
Apr 26, 2021
Impact of Apple ad tracking changes will hinge on app developers, exec says
By Stephen Nellis (Reuters) - The impact of Apple Inc's new privacy controls over digital advertising tracking is likely to depend greatly on how app developers implement a new pop-up notification, Ap...
Apr 26, 2021
Bitcoin hit with record weekly outflow as rally ebbs – CoinShares data
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Bitcoin posted a record weekly outflow, with overall sentiment on cryptocurrencies turning cautious as the digital asset's searing rally hit a wall, da...
Apr 26, 2021
Harris to lead Biden task force promoting unions, labor organizing
By Nandita Bose WASHINGTON (Reuters) - President Joe Biden will sign an executive order on Monday that will create a task force to promote labor organizing, the White House said, at a time when just o...
Apr 26, 2021
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