Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Cuba attracts $1.9 billion in foreign investment despite U.S. sanctions
HAVANA (Reuters) - Cash-strapped Cuba said on Tuesday it had attracted $1.9 billion worth of foreign investment over the past year despite tighter U.S. sanctions and said it continued to reduce intern...
Dec 08, 2020
JPMorgan’s Dimon sees higher 2021 expenses; fourth quarter markets revenue up 20%
NEW YORK (Reuters) - JPMorgan Chase & Co's expenses in 2021 will likely top $67 billion, slightly higher than analysts' estimates, CEO Jamie Dimon said on Tuesday at an investor conference. Dimon indi...
Dec 08, 2020
U.S. companies sitting on record cash pile – S&P Global
(Reuters) - U.S. corporations are sitting on record amounts of cash to reduce shock caused by the coronavirus pandemic, S&P Global Ratings said on Tuesday. Cash and investments owned by non-financial ...
Dec 08, 2020
Trump’s EPA to finalize rule making it harder for new clean air curbs – source
WASHINGTON (Reuters) - The U.S. Environmental Protection Agency will finalize on Wednesday its overhaul of how it measures the costs and benefits of proposed new curbs on pollution, a move that is lik...
Dec 08, 2020
Japan’s new government bond issuance to exceed $960 billion as COVID-19 hits tax revenues – Nikkei
TOKYO (Reuters) - Japan's new government bond issuance in the current fiscal year is likely to hit a record exceeding 100 trillion yen ($960 billion) as the coronavirus pandemic took a heavy toll on t...
Dec 08, 2020
Zimbabwe inflation at 401.66% in November – Zimstats
HARARE (Reuters) - Zimbabwe's inflation rate eased to 401.66% in November year-on-year from 471.25% the previous month, statistical agency Zimstats said on Tuesday. On a monthly basis, prices increase...
Dec 08, 2020
Uber to sell air taxi business to Joby Aviation
(Reuters) - Joby Aviation, an electric passenger aircraft developer, said on Tuesday it would buy Uber Technologies Inc's air taxi unit. Joby did not disclose the terms of the deal. Uber has also agre...
Dec 08, 2020
FTC sues to stop Procter & Gamble from buying rival women’s razor maker Billie
By Diane Bartz (Reuters) - The U.S. Federal Trade Commission filed a complaint on Tuesday aimed at stopping Procter & Gamble Co from buying Billie, Inc, which sells women's razors and other body care ...
Dec 08, 2020
GameStop misses quarterly revenue estimates
(Reuters) - Videogame retailer GameStop Corp missed Wall Street estimates for quarterly revenue on Tuesday as pandemic-led store closures and intense competition from digital-game sellers hit sales. T...
Dec 08, 2020
Exclusive: Fitch says upgrades of major economies unlikely in 2021 despite COVID-19 vaccine
By Kanishka Singh (Reuters) - Fitch Ratings told Reuters on Tuesday that upgrades of any major economy are unlikely in 2021 despite recent developments related to COVID-19 vaccination, and that countr...
Dec 08, 2020
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