Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
IMF’s Okamoto says aiming to distribute SDR reserves this summer
WASHINGTON (Reuters) - The International Monetary Fund has a goal of distributing a $650 billion allocation of Special Drawing Rights monetary reserves to member countries this summer, IMF First Deput...
Apr 12, 2021
U.S. consumers raise outlook for inflation, labor market, NY Fed survey finds
By Jonnelle Marte (Reuters) - U.S. consumers upped their inflation expectations again in March after steady gains in recent months, and became more optimistic about the labor market, according to a su...
Apr 12, 2021
Uber, PayPal, Walgreens launch $11 million vaccine rides fund
By Tina Bellon (Reuters) - Uber Technologies Inc, PayPal Holdings Inc and Walgreens Inc on Monday said they launched an $11 million fund to provide free ride-hail trips to U.S. COVID-19 vaccination si...
Apr 12, 2021
New York State pension fund divests from seven oil sands companies
CALGARY, Alberta (Reuters) - The New York State pension fund is restricting investment in seven Canadian oil sands companies because they do not have viable plans to adapt to low-carbon future, the fu...
Apr 12, 2021
GM marketing spend will return to normal levels post pandemic-chief marketing officer
DETROIT (Reuters) - General Motors Co's marketing and promotional spending will return to normal levels after the COVID-19 pandemic caused that budget to drop last year, the U.S. automaker's top marke...
Apr 12, 2021
BoE’s Tenreyro says removing policy support too early could be costly
LONDON (Reuters) - Bank of England interest rate-setter Silvana Tenreyro said removing fiscal or monetary policy support for the economy too early after last year's coronavirus slump could have a dama...
Apr 12, 2021
Activist Legion Partners nominates 7 to Genesco board
BOSTON (Reuters) - Activist investor Legion Partners Asset Management LLC wants to take control of Genesco Inc's board and has nominated seven directors to sit on the specialty retailer's eight-person...
Apr 12, 2021
Nike to clean up used, returned sneakers and put them back on shelves
By Richa Naidu CHICAGO (Reuters) - Nike Inc said on Monday it will start refurbishing sneakers - from Vapormaxes to Reacts - returned by shoppers and selling them at cheaper prices, a service offered ...
Apr 12, 2021
Salesforce to welcome vaccinated employees back to office
(Reuters) - Salesforce.com said it would start allowing vaccinated employees to return to some of its offices, making it one of the first major U.S. corporations to give vaccinated workers preferentia...
Apr 12, 2021
Businesses in India’s richest state choke under new COVID-19 curbs
By Shilpa Jamkhandikar and Abhirup Roy MUMBAI (Reuters) - Retailers, restaurants and theatres in India's richest state are reeling under the impact of harsh restrictions imposed last week by authoriti...
Apr 12, 2021
