Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Robinhood raises trading limit on five companies
(Reuters) -Online trading platform Robinhood said on Tuesday it had raised trading limits on stocks of five companies, including GameStop Corp and AMC Entertainment Holdings Inc. The trading limit on ...
Feb 02, 2021
GameStop short interest falls to $5.8 billion: S3 Partners
NEW YORK (Reuters) - Short interest in GameStop Corp declined as the video game retailer's stock price dropped and the number of shares shorted fell modestly, according to the latest data from analyti...
Feb 02, 2021
Canadian dollar leads G10 peers as U.S. stimulus hopes rise
TORONTO (Reuters) - The Canadian dollar strengthened against its U.S. counterpart and all the other G10 currencies on Tuesday, as oil prices climbed to a one-year high and the prospect of more U.S. ec...
Feb 02, 2021
Amazon to pay $61.7 million to settle charges it stole some driver tips
WASHINGTON (Reuters) - Amazon.com Inc has agreed to pay more than $61.7 million to settle allegations that it failed to pay Amazon Flex drivers all of the tips given by customers over more than two ye...
Feb 02, 2021
Amazon scores Indian win as court freezes Future’s $3.4 billion retail deal
By Abhirup Roy and Aditya Kalra NEW DELHI (Reuters) - An Indian court blocked Future Group's sale of a swathe assets to rival Reliance Industries on Tuesday after Amazon raised objections to the $3.4 ...
Feb 02, 2021
Volkswagen looks at direct buying to secure scarce chips
By Jan Schwartz and Christoph Steitz HAMBURG (Reuters) - Volkswagen is looking into buying chip supplies directly from manufacturers, according to a company executive, as automakers battle a global se...
Feb 02, 2021
Robinhood app downloads soar despite trading restrictions
By Krystal Hu (Reuters) - Robinhood's trading app recorded more downloads than any other U.S. trading app last week, despite concerns that its restrictions on transactions involving some heavily short...
Feb 02, 2021
Fed policy is one factor in Reddit-fueled frenzy, U.S. central banker says
(Reuters) - The Federal Reserve's massive asset purchase program is one reason for the recent Reddit-fueled trading frenzy in stocks including Gamestop, Dallas Federal Reserve Bank President Robert Ka...
Feb 02, 2021
Airlines flying blind into summer capacity sweepstake
By Laurence Frost and Sarah Young PARIS (Reuters) - European airlines buffeted by successive lockdowns have little idea what kind of summer to expect. But they must place their bets anyway. Time is sh...
Feb 02, 2021
Young, confident, digitally connected – meet America’s new day traders
By Imani Moise and Medha Singh (Reuters) - James Villalobos, a communications consultant for an insurance company in New York, downloaded the Robinhood online brokerage app back in September. He was h...
Feb 02, 2021
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