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

By Jonathan Stempel NEW YORK (Reuters) - A New York hedge fund founder pleaded guilty on Wednesday to bankruptcy fraud for pressuring a rival not to bid for assets belonging to Neiman Marcus creditors...

By Lisa Pauline Mattackal and Aaron Saldanha (Reuters) - Increased U.S. infrastructure spending and fresh rounds of economic stimulus will bolster Mexico's manufacturing-oriented economy, a UBS Global...

By Tracy Rucinski (Reuters) - American Airlines is telling about 13,000 employees that they are at risk of furlough when a U.S. aid package for airline workers expires on April 1, the company said on ...

(Reuters) - U.S. oil and gas producer Chesapeake Energy is cutting 220 workers, or about 15% of its employees this week, according to a company email. The cuts come as the company emerges from a Chapt...

By Ann Saphir (Reuters) - Chicago Federal Reserve Bank President Charles Evans on Wednesday forecast a rapid economic rebound this year, but said monetary policy will need to remain super-easy to boos...

(Reuters) - PayPal Holdings Inc beat Wall Street estimates for quarterly profit on Wednesday as coronavirus-related restrictions across the world drove a surge in digital payments. Digital payments ha...

(Reuters) - Insurer MetLife Inc reported a marginal rise in fourth-quarter adjusted profit on Wednesday as investment growth and strong underwriting in some of its U.S. businesses cushioned the hit fr...

(Reuters) - E-commerce firm eBay Inc's holiday-quarter revenue beat Wall Street estimates on Wednesday, as more homebound buyers flocked to its platform for shopping during the COVID-19 pandemic. Reve...

By Stephen Nellis (Reuters) - Qualcomm Inc shares dipped as much as 7% in after-hours trading on Wednesday as the company reported fiscal first-quarter sales that slightly missed Wall Street expectati...

By Trevor Hunnicutt and David Lawder WASHINGTON (Reuters) - The U.S. Treasury announced several hires to top posts on Wednesday, and sources said the new officials plan to push a key part of President...