Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Brenna Hughes Neghaiwi ZURICH (Reuters) - Credit Suisse has lost its final bid to block the auditor chosen by Swiss financial supervisor FINMA to scrutinise the bank's activities in a spying scanda...

WASHINGTON (Reuters) - U.S. wholesale inventories increased more than initially thought in December, even as sales accelerated, government data showed on Wednesday. The Commerce Department said wholes...

By Lucia Mutikani WASHINGTON (Reuters) - U.S. consumer prices rose moderately in January as an increase in the cost of gasoline was blunted by a slump in airline fares, suggesting inflation could rema...

By Svea Herbst-Bayliss (Reuters) - Sachem Head Capital Management LP has amassed a roughly $1 billion stake in International Flavors & Fragrances Inc (IFF) and nominated four directors to the chemical...

(Reuters) - Electric aircraft startup Archer, which is getting solid backing from United Airlines, will go public through a merger with a blank-check company backed by investment banker Ken Moelis in ...

By Shariq Khan (Reuters) - Shares in cannabis companies surged on Wednesday, extending a months-long rally due to bets on decriminalization under the Biden administration, as the Reddit community behi...

WASHINGTON (Reuters) - U.S. consumer prices rose moderately in January and underlying inflation remained benign as the pandemic continues to be a drag on the labor market and services industry. The La...

FRANKFURT (Reuters) - Euro zone states must keep fiscal spending up this year and into 2022 to protect the bloc from permanent damage caused by the coronavirus pandemic, European Central Bank Presiden...

(Reuters) - Global mutual funds and exchange-traded funds (ETFs) that have net short positions in assets including stocks and commodities are the worst performers this year, according to Refinitiv dat...

MILAN (Reuters) - Louis Vuitton owner LVMH and music star Rihanna have agreed to close her fashion line Fenty less than two years after its launch, the French luxury goods giant said on Wednesday. LVM...