Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Working from home is losing its effectiveness, bank execs say
By David Henry and Iain Withers (Reuters) - Working from home has been surprisingly successful for global banks during the first year of the coronavirus pandemic but is losing its effectiveness, two p...
Jan 26, 2021
IMF economist backs increase in U.S. minimum wage, sees argument for slow phase-in
WASHINGTON (Reuters) - The International Monetary Fund supports an increase in the U.S. federal minimum wage to reduce poverty and inequality, but sees an argument for phasing the higher rate in slowl...
Jan 26, 2021
Britain starts work on post-Brexit asset management sector
By Huw Jones LONDON (Reuters) - Britain set out options on Tuesday for increasing the global attractiveness of its 9.9 trillion pound ($13.59 trillion) asset management sector after Brexit put Europea...
Jan 26, 2021
Airline outlook dims again as new travel curbs threaten summer
By Laurence Frost and Sarah Young LONDON (Reuters) - Recovery prospects for Europe's coronavirus-stricken airlines are slipping from bad to worse, as a British minister warned on Tuesday against booki...
Jan 26, 2021
U.S. East Coast hit with internet outage
(Reuters) - Individuals across the East Coast of the United States reported outage issues with online services including Alphabet Inc's Google, YouTube, Zoom and Slack Technologies Inc, disrupting ess...
Jan 26, 2021
U.S. fintech startup Albert raises $100 million
By Anna Irrera LONDON (Reuters) - US financial technology startup Albert has raised $100 million in a round led by General Atlantic, the company said on Tuesday. Other investors include CapitalG, Alph...
Jan 26, 2021
U.S. consumer confidence rises slightly; house prices accelerate
WASHINGTON (Reuters) - U.S. consumer confidence rose moderately in January while lingering concerns about the COVID-19 pandemic led to a further deterioration in households' perceptions of the labor m...
Jan 26, 2021
Qualcomm to supply General Motors with ‘cockpit’ chips for next generation vehicles
By Stephen Nellis (Reuters) - Qualcomm Inc on Tuesday said it will supply a range of chips for General Motors Co's next generation of vehicles. The San Diego company has long been known for making mod...
Jan 26, 2021
U.S. consumer confidence increases slightly in January
WASHINGTON (Reuters) - U.S. consumer confidence rose moderately in January amid lingering concerns about the COVID-19 pandemic. The Conference Board said on Tuesday its consumer confidence index incre...
Jan 26, 2021
Analysis: Sovereign wealth, public pension giants caught up in U.S.-China tech fight
By Marc Jones and Tom Arnold LONDON (Reuters) - Some of the world's biggest sovereign wealth funds and public pension funds are getting caught in the escalating tensions over technology between the Un...
Jan 26, 2021
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