Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

WASHINGTON (Reuters) - U.S. homebuilding and permits surged in December as historically low mortgage rates supported the housing market, but momentum could slow amid surging lumber prices and a shorta...

By Jennifer Hiller and Nichola Groom (Reuters) - U.S. President Joe Biden's promised ban on new oil and gas drilling on federal lands would take years to shut off production from top shale drillers be...

WASHINGTON (Reuters) - The number of Americans filing new applications for unemployment benefits decreased modestly last week as the COVID-19 pandemic tears through the nation, raising the risk of a s...

MILAN (Reuters) - The lengthy approval process for a new tariff system is holding up around 7 billion euros ($8.5 billion) of infrastructure works, the chief executive of Atlantia's motorway unit Auto...

BRUSSELS (Reuters) - The European Commission is likely to tap financial markets for almost 100 billion euros in "late spring" to finance pre-payments for 27 national plans for recovery from the pandem...

(Reuters) - Union Pacific Corp on Thursday posted a 1.6% fall in quarterly profit, as the U.S. railroad was hurt by lower freight revenue. The company's net income fell to $1.38 billion, or $2.05 per ...

By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) - The European Central Bank kept its policy unchanged on Thursday but reaffirmed a pledge to keep borrowing costs at record lows to help the ...

FRANKFURT (Reuters) - The European Central Bank left its ultra-easy policy unchanged as expected on Thursday but kept the door open to more stimulus as the outlook sours amid a spreading COVID-19 pand...

By Devik Jain and Medha Singh (Reuters) - U.S. stock index futures edged higher on Thursday as investors counted on more pandemic relief and speedy vaccine rollouts under the new Biden administration ...

BERLIN (Reuters) - Volkswagen faces a fine of more than 100 million euros ($121 million) for missing EU targets on carbon dioxide (CO2) emissions from its 2020 passenger car fleet, the world's largest...