Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Whole Foods must face lawsuit over its honey graham crackers
By Jonathan Stempel NEW YORK (Reuters) - A federal judge in Manhattan said on Tuesday Whole Foods Market must face a proposed class-action lawsuit claiming it deceived shoppers about the contents of i...
Feb 02, 2021
Exclusive: Suspected Chinese hackers used SolarWinds bug to spy on U.S. payroll agency – sources
By Christopher Bing, Jack Stubbs, Raphael Satter and Joseph Menn WASHINGTON (Reuters) - Suspected Chinese hackers exploited a flaw in software made by SolarWinds Corp to help break into U.S. governmen...
Feb 02, 2021
China’s short-term money rates fall to two-week low as PBOC injects liquidity
SHANGHAI (Reuters) - China's short-term money rates eased to two-week lows on Tuesday as signs of liquidity tension in the interbank money markets started to fade, traders said. The Shanghai Interbank...
Feb 02, 2021
Europe lockdowns expected to dent Capri revenue, China in focus
By Uday Sampath Kumar (Reuters) - Capri Holdings is expected to post a fourth straight fall in quarterly revenue on Wednesday as the blow from fresh lockdowns in Europe eclipses a China-driven recover...
Feb 02, 2021
Analysis: Is the ‘free ride’ over for poor countries’ bondholders?
By Marc Jones and Karin Strohecker LONDON (Reuters) - One year into the coronavirus pandemic, Ethiopia looks set to become a test case for how the world's poorest countries deal with huge debt increas...
Feb 02, 2021
“Buy the dip”: Retail traders urge others to keep the faith as GameStop tumbles
By Tommy Wilkes LONDON (Reuters) - The Reddit online forum that fired up a global trading frenzy was in a more sober mood on Tuesday, with many retail investors begging others to "buy the dip" as thei...
Feb 02, 2021
Harley unveils turnaround plan as shares nosedive on disappointing results
By Rajesh Kumar Singh and Ankit Ajmera CHICAGO (Reuters) - Harley-Davidson Inc's shares plunged more than 20% on Tuesday after the motorcycle maker unexpectedly swung to a quarterly loss, overshadowin...
Feb 02, 2021
Vodafone prepares telecom towers business for March IPO: sources
By Arno Schuetze and Abhinav Ramnarayan FRANKFURT (Reuters) - Vodafone plans to float Vantage Towers, its European mobile phone masts business, on the Frankfurt stock exchange in March in a share offe...
Feb 02, 2021
Pandemic pushes Exxon to historic annual loss, $20 billion cut in shale value
By Jennifer Hiller HOUSTON (Reuters) -Exxon Mobil Corp on Tuesday posted a historic annual loss after the COVID-19 pandemic hammered energy prices and reduced the value of the company's shale gas prop...
Feb 02, 2021
UK sees Northern Ireland trade problematic, trust with EU damaged
By William James and Guy Faulconbridge LONDON (Reuters) - British minister Michael Gove said there were serious problems with post-Brexit arrangements for trade with Northern Ireland and called for mo...
Feb 02, 2021
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