Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
Alibaba beats quarterly revenue estimates
(Reuters) - China's Alibaba Group Holding Ltd beat Wall Street estimates for third-quarter revenue on Tuesday, as its e-commerce business benefited from a switch to online shopping triggered by the CO...
Feb 02, 2021
Stock futures climb ahead of Amazon, Alphabet earnings; stimulus in focus
By Devik Jain and Medha Singh (Reuters) - U.S. stock index futures rose about 1% on Tuesday, building on the previous session's momentum, as investors anticipated strong results from Amazon and Google...
Feb 02, 2021
Tesla to recall 134,951 U.S. vehicles under pressure from auto safety regulators
WASHINGTON (Reuters) - Tesla Inc has agreed to recall 134,951 Model S and Model X vehicles with touchscreen displays that could fail after U.S. auto safety regulators sought the recall last month, acc...
Feb 02, 2021
Pfizer sees about $15 billion in 2021 sales from COVID-19 vaccine
(Reuters) - Pfizer Inc on Tuesday forecast sales of about $15 billion from the coronavirus vaccine that it is making along with German partner BioNTech. The company said it expects total 2021 revenue ...
Feb 02, 2021
Analysis: GameStop saga expected to revive scrutiny of hedge fund industry
By Pete Schroeder and Chris Prentice WASHINGTON (Reuters) - With hedge funds at the center of market drama for the second time in less than 12 months, the GameStop saga is likely to expedite a regulat...
Feb 02, 2021
Impossible Foods cuts faux meat prices by 20% at grocery stores
(Reuters) - Impossible Foods said on Tuesday it would cut the prices of its faux meat patties by 20% at U.S. grocery stores as the plant-based protein maker ramps up production with a larger plan to e...
Feb 02, 2021
Global business travel to grow 21% in 2021, trade group forecasts
(Reuters) - Business travel spending is forecast to grow 21% this year worldwide, helped by the rollout of COVID-19 vaccines, but will not recover to pre-pandemic levels until the middle of the decade...
Feb 02, 2021
Euro zone GDP falls less than expected at end of 2020
BRUSSELS (Reuters) - The euro zone economy contracted by less than expected in the fourth quarter of 2020 amid pandemic-induced lockdowns, as large economies Germany and Spain still managed slight exp...
Feb 02, 2021
Ford to invest $1 billion to upgrade South Africa operations
JOHANNESBURG (Reuters) - Ford Motor Co will invest $1.05 billion in its South African manufacturing operations including upgrades to expand the production of its Ranger pickup truck, the U.S. automake...
Feb 02, 2021
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