Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Aldi to spend additional 3.5 billion pounds on food and drink from British suppliers
(Reuters) - Britain's fifth-biggest supermarket Aldi said Wednesday it plans to increase the amount of food and drink it buys from British suppliers by 3.5 billion pounds ($4.77 billion) within the ne...
Dec 30, 2020
Canada to delay drug price reforms by six months, industry group says
TORONTO (Reuters) - Canada has delayed the implementation of new drug price rules that had been due to go into effect on Friday by six months, the pharmaceutical industry's main lobby group said on We...
Dec 30, 2020
New York Chinatown’s Asian Pearl River Mart closing store next year
By Aleksandra Michalska (Reuters) - Pearl River Mart, New York Chinatown's landmark emporium for everything Asian since 1971, will close its flagship store in early 2021 as the pandemic has left the f...
Dec 30, 2020
Amazon to acquire Wondery in podcast push
(Reuters) - Amazon.com Inc said on Wednesday it would acquire podcast startup Wondery, aiming to beef up non-musical content on its Amazon Music app. Earlier this month, the Wall Street Journal report...
Dec 30, 2020
Cash strapped Americans ask Mnuchin where their ‘stimmy’ checks are
By Imani Moise, Anirban Sen and Michelle Price (Reuters) - Mixed messages from banks and the U.S. Treasury Department have caused confusion and frustration for millions of struggling Americans waiting...
Dec 30, 2020
Miners praise U.S. spending bill that funds rare earths programs
By Ernest Scheyder (Reuters) - The pandemic aid and spending package signed by U.S. President Donald Trump last Sunday includes more than $800 million to fund rare earths and strategic minerals resear...
Dec 30, 2020
J.C. Penney starts search for new CEO as Soltau to exit
(Reuters) -Department store chain J.C. Penney Co Inc said on Wednesday new owners Simon Property Group and Brookfield Asset Management Inc have begun a search for a new chief executive officer to repl...
Dec 30, 2020
Downbeaten S&P 500 energy sector throws off bullish ‘golden cross’ signal
(Reuters) - A bullish technical signal was being given by the S&P 500 energy sector on Wednesday, when the 50-day moving average for the industry index rose above the 200-day moving average, forming w...
Dec 30, 2020
S&P dividend payments to investors hit record in 2020
NEW YORK (Reuters) - Dividend payments to investors in the S&P 500 rose to a new record in 2020, up 0.7% to $58.28 per share from the previous record set in 2019, according to research from S&P Global...
Dec 30, 2020
U.S. gasoline prices reach 9-month high as refiners cut more output
By Stephanie Kelly NEW YORK (Reuters) - U.S. gasoline prices hit a nine-month peak as drivers took to the roads on holiday travel, crude oil prices kept climbing and refiners further cut fuel producti...
Dec 30, 2020
Wed Jul 8
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