Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
G20 needs to deliver $650 billion IMF boost, extend debt relief: campaigners
LONDON (Reuters) - The 20 biggest economies need to back a $650 billion boost to the International Monetary Fund's currency, reallocate existing reserves and extend debt payment relief to the poorest ...
Feb 25, 2021
JPMorgan CEO of Chase consumer banking leaving to head TIAA
NEW YORK (Reuters) - JPMorgan Chase & Co's Chief Executive Officer of the Chase Consumer Banking division Thasunda Brown Duckett is leaving America's largest bank to become the head of the retirement ...
Feb 25, 2021
Costco raises minimum wage to $16 per hour
(Reuters) - Costco Wholesale Corp said on Thursday it would raise the minimum wage for its hourly staff to $16 per hour starting next week, a dollar more than what its competitors Walmart Inc, Amazon....
Feb 25, 2021
JPMorgan expects capital surcharge rate of 4%: CFO
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Financial Officer Jennifer Piepszak said she expects the bank's capital surcharge requirement to be 4% unless there is a regulatory change. These surchar...
Feb 25, 2021
Activist Legion nominates four to OneSpan’s board, pushes for asset sales
By Svea Herbst-Bayliss BOSTON (Reuters) - Activist investment firm Legion Partners Asset Management on Thursday nominated four directors to OneSpan's board after having publicly pushed the cybersecuri...
Feb 25, 2021
Bullard: Jump in bond yields proper response to stronger growth, inflation outlook
WASHINGTON (Reuters) - The recent rise in U.S. Treasury bond yields is a proper market response to the country's expected rapid growth and expectations for stronger inflation, St. Louis Federal Reserv...
Feb 25, 2021
Fed’s George says rising fuel costs not a lasting sign of upward inflation
(Reuters) - Kansas City Fed President Esther George, asked Thursday if rising fuel prices could create the false impression that inflation is rising, said she is watching wage trends more closely for ...
Feb 25, 2021
What will it be like when we go back to the office?
(Reuters) - If absence makes the heart grow fonder, what will a pandemic sabbatical do to our feelings about the office? We may miss the way we set up our cubicle, recall fondly the water cooler conve...
Feb 25, 2021
Analysis: Micro-cap stock surge shows investor risk taking, GameStop effect
By Lewis Krauskopf NEW YORK (Reuters) - Some of the biggest winners on U.S. stock exchanges so far this year have been their smallest members, partly fueled by the GameStop effect, but their gains cou...
Feb 25, 2021
Chevron launches $300 million fund to focus on low-carbon technology
(Reuters) - Chevron Corp on Thursday said it had launched a $300 million fund focused on low-carbon technology, as traditional global oil and gas firms attempt to invest more in green energy and tackl...
Feb 25, 2021
