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

By Joshua Franklin, Anirban Sen and Krystal Hu (Reuters) - Online lending startup Social Finance Inc (SoFi) is nearing a deal to go public through a merger with Social Capital Hedosophia Holdings Corp...

(Reuters) - Tesla Inc chief and billionaire entrepreneur Elon Musk surpassed Amazon.com Inc's top boss Jeff Bezos to become the world's richest man, Bloomberg News reported on Thursday. Including Thur...

By Yingzhi Yang, Yilei Sun and Brenda Goh BEIJING (Reuters) - China's Baidu Inc plans to form a company to make smart electric vehicles, two sources familiar with the matter said, with manufacturing t...

WASHINGTON (Reuters) - The results of the November election and gradual distribution of a coronavirus vaccine likely means U.S. government relief for the economy has peaked, Richmond Federal Reserve b...

WASHINGTON (Reuters) - U.S. services industry activity accelerated in December, but sky-rocketing COVID-19 infections depressed employment, heightening the risk that the economy shed jobs for the firs...

(Reuters) - The Federal Reserve is unlikely to pare back the pace of its bond purchases in the near future, and may not make changes until the end of 2021 or early 2022, Philadelphia Fed Bank Presiden...

By Nick Carey LONDON (Reuters) - Daimler AG's on Thursday unveiled a new "Hyperscreen" display that will cover almost the entire dashboard of its luxury Mercedes-Benz models, in a bid to outdo Tesla I...

ZURICH (Reuters) - The World Economic Forum's annual gathering of political and business leaders will be held in Singapore from May 25-28, 12 days later than initially announced, the organisers said o...

By William Schomberg LONDON (Reuters) - Financial markets are likely to be hit more often by the kind of upheaval unleashed by the COVID-19 pandemic and central banks need new tools to deal with power...

By Jonnelle Marte (Reuters) - The U.S. economy is still being shaped by the coronavirus and growth could slow in the first quarter, possibly turning negative before it rebounds in the second half of t...