Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed policy is in a really good place, Daly says
(Reuters) - The U.S. Federal Reserve's monetary policy is in a "really good place," San Francisco Federal Reserve Bank President Mary Daly told CNBC in an interview Tuesday, even as she noted the cent...
Nov 10, 2020
With new chip, MediaTek aims to put 5G in lower-cost smartphones
By Stephen Nellis (Reuters) - MediaTek Inc on Tuesday released a new smartphone chip that aims to bring 5G connectivity to lower-priced devices and a new chip for Chromebooks to try to meet the boomin...
Nov 10, 2020
Boeing loses more 737 MAX orders, eyes jet’s U.S. return but Europe tariffs loom
By Eric M. Johnson SEATTLE (Reuters) - Boeing Co lost another 12 orders for its grounded 737 MAX jetliner in October, and delivered 13 aircraft to customers, down from the 20 jets delivered in the sam...
Nov 10, 2020
Trump touted the economy; the economy voted for Biden
By Howard Schneider WASHINGTON (Reuters) - U.S. President Donald Trump leaned on economic arguments in his reelection bid. The economy favored Democratic challenger Joe Biden. President-elect Biden wo...
Nov 10, 2020
Offering discounts galore, Alibaba launches China’s first post-Covid Singles’ Day
SHANGHAI (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd kicked off its annual Singles' Day mega-shopping event on Wednesday, looking to cash in on consumers itching for discounts as th...
Nov 10, 2020
Nearly $2 trillion traded on COVID-19 vaccine news
By Thyagaraju Adinarayan and Saikat Chatterjee LONDON (Reuters) - News of a breakthrough in the race to find a COVID-19 vaccine sparked one of the heaviest trading days since the height of the pandemi...
Nov 10, 2020
Uber expects Postmates deal to close by year end after regulatory nod
(Reuters) - The U.S. Justice Department has approved Uber Technologies Inc's $2.65 billion acquisition of food delivery company Postmates, clearing the way for the deal to close by the end of 2020, th...
Nov 10, 2020
Euro zone budget aid may need to be stepped up: ECB’s Knot
FRANKFURT (Reuters) - Budget support for the ailing euro zone economy may need to be stepped up as the impact of central bank help amid the second wave of the coronavirus pandemic is limited, Dutch ce...
Nov 10, 2020
U.S. job openings rise slightly in September
WASHINGTON (Reuters) - U.S. job openings increased moderately in September and layoffs appeared to abate, pointing to a gradual labor market recovery from the COVID-19 pandemic. Job openings, a measur...
Nov 10, 2020
Fed’s Rosengren says important to prevent buildup of financial imbalances
(Reuters) - The debt some firms built up before the coronavirus pandemic makes the U.S. economy more vulnerable and could slow the pace of the recovery, risking lasting damage to the women and minorit...
Nov 10, 2020
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