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

DETROIT (Reuters) - Ford Motor Co said on Monday it will close its three plants in Brazil this year and take pre-tax charges of about $4.1 billion as the COVID-19 pandemic amplified the company's unde...

By Chibuike Oguh and Joshua Franklin (Reuters) - At least eight businesses are set to price initial public offerings (IPOs) in New York in the next three days, seeking to raise a total of nearly $5 bi...

WASHINGTON (Reuters) - The U.S. recovery will not get up to full steam until vaccines are distributed widely enough to end the pandemic, Atlanta Federal Reserve President Raphael Bostic said on Monday...

By Philip Blenkinsop BRUSSELS (Reuters) - The European Parliament kicked off a two-month review on Monday of the EU-UK trade agreement struck on Christmas Eve, promising to "properly scrutinise" the d...

LONDON (Reuters) - U.S. branded coffee shops will only return to pre-pandemic sales levels next year after the COVID-19 pandemic wiped out nearly a quarter of their turnover last year, according to Al...

HOUSTON (Reuters) - Chesapeake Energy Corp's value has soared since its June bankruptcy filing, the U.S. judge overseeing the natural gas producer's trial indicated, and is worth $5.13 billion, far ab...

LONDON (Reuters) - Virgin Atlantic, Richard Branson's airline which has been hammered by the pandemic, is close to finalising a deal to raise just over $230 million from two planes, enabling it to rep...

(Reuters) - Office supplies retailer Staples on Monday said it made an offer to buy Office Depot owner ODP Corp for $2.1 billion in cash, nearly five years after its second takeover effort was rejecte...

LONDON (Reuters) - The Paris Club of international creditors said on Monday it had accepted a request from Kenya for a debt-servicing suspension from January to the end of June. "Kenya is committed to...

(Reuters) - Chipotle Mexican Grill Inc said on Monday it would hire 15,000 workers in the United States, as the fast-casual burrito chain benefits from strong demand during the COVID-19 pandemic. The ...