Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Sideshow or main event? GameStop stock ride weighed as bubble warning
By Lewis Krauskopf NEW YORK (Reuters) - Some investors are growing concerned that wild swings in GameStop and other stocks driven by small-time traders could be fresh signs of overexuberance that fore...
Jan 29, 2021
Republican lawmakers press Biden Commerce nominee on Huawei stance
WASHINGTON (Reuters) - Three China hardliners in the Senate are calling on President Joe Biden's Commerce Department nominee to clarify if she would remove China's telecoms equipment giant Huawei Tech...
Jan 29, 2021
UBS hires Schulte Roth partner to co-head activism defense group
By Svea Herbst-Bayliss BOSTON (Reuters) - UBS has hired Aneliya Crawford, a partner from a leading law firm that works with hedge funds, to defend the investment bank's corporate clients against attac...
Jan 29, 2021
Wells Fargo CEO Scharf’s pay drops nearly 12% in 2020
(Reuters) - Wells Fargo & Co Chief Executive Officer Charles Scharf's annual pay fell by about $3 million, or 11.7%, in 2020, a regulatory filing showed on Friday. Scharf will receive $20.3 million fo...
Jan 29, 2021
Valero joint venture to become top U.S. renewable diesel producer
HOUSTON (Reuters) - A Valero Energy Corp joint venture will become the largest renewable diesel producer in the United States in 2023 when it opens a second facility at a site in Texas. The second-lar...
Jan 29, 2021
Fed’s Kaplan: We are ‘not anywhere close’ to QE taper
(Reuters) - The Federal Reserve is "not anywhere close" to a decision on when to begin ratcheting back the U.S. central bank's asset purchases, and any such decision will be well-telegraphed in advanc...
Jan 29, 2021
Analysis: GameStop’s ‘Reddit rally’ puts scrutiny on social media forums
By Paresh Dave, Katie Paul and Elizabeth Culliford OAKLAND, Calif. (Reuters) - Social media services including Facebook Inc and Reddit restrict discussions about weapons, drugs and other illegal activ...
Jan 29, 2021
Mexican finance minister likely to talk with Yellen next week
MEXICO CITY (Reuters) - Mexican Finance Minister Arturo Herrera is likely to speak to his U.S. counterpart, Treasury Secretary Janet Yellen, on Tuesday to discuss trade, migration and fiscal policy, a...
Jan 29, 2021
U.S. Labor Department issues COVID-19 workplace safety guidance
WASHINGTON (Reuters) - The U.S. Labor Department on Friday issued guidance for safe workplaces during the COVID-19 pandemic, which could allow sick employees to stay at home without fear of losing the...
Jan 29, 2021
The stock market wars: U.S. lawmaker Ocasio-Cortez breaks it down
By Makini Brice WASHINGTON (Reuters) - A chat with U.S. Democratic lawmaker Alexandria Ocasio-Cortez drew more than a million viewers overnight to a website best-known for video game players, where sh...
Jan 29, 2021
