Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
SoftBank attempted to delay WeWork’s $3 billion share purchase: court filing
By Joshua Franklin and Anirban Sen (Reuters) - SoftBank Group CEO Masayoshi Son told the executive he tasked to turn around WeWork after its botched initial public offering to "use whatever excuse" to...
Oct 28, 2020
Google steps up campaign against EU push for tough new tech rules
By Foo Yun Chee BRUSSELS (Reuters) - Alphabet Inc unit Google has launched a 60-day strategy to counter the European Union's push for tough new tech rules by getting U.S. allies to push back against t...
Oct 28, 2020
EU arms itself against U.S. and others in trade disputes
BRUSSELS (Reuters) - The European Union will arm itself with potential punitive tariffs against the United States and other rivals if they take advantage of World Trade Organization paralysis and refu...
Oct 28, 2020
Canada says pandemic aid has limits as central bank warns of long-slog to recovery
By Julie Gordon and David Ljunggren OTTAWA (Reuters) - Canada's finance minister on Wednesday said for the first time that federal pandemic aid to households and businesses has limits as the Bank of C...
Oct 28, 2020
Deutsche Boerse quarterly net profit down 9%, misses forecasts
FRANKFURT (Reuters) - German exchange operator Deutsche Boerse on Wednesday posted a 9% fall in third-quarter net profit, a greater decline than expected, but left its guidance for the year unchanged....
Oct 28, 2020
Peugeot maker PSA’s car revenue returns to growth after lockdowns
By Sarah White and Gwnalle Barzic PARIS (Reuters) - Peugeot manufacturer PSA Group returned to revenue growth in its core autos division in the third quarter, recovering from a slump during coronaviru...
Oct 28, 2020
Can Liberty Oil maverick’s corporate culture survive the U.S. shale bust?
By Liz Hampton DENVER (Reuters) - Chris Wright stands out as an oilman who might be more at home in Silicon Valley than the shale fields of North Dakota. A mountain climber and Massachusetts Institute...
Oct 28, 2020
Economic cost of new EU tech rules could top $100.5 billion, study says
By Foo Yun Chee BRUSSELS (Reuters) - The European Union's plan to rein in U.S. tech giants with new rules could cost the 27-country bloc as much as 85 billion euros ($100.5 billion) in economic growth...
Oct 28, 2020
JetBlue to review middle seat policy early next year: CEO interview
CHICAGO (Reuters) - JetBlue Airways will continue limiting the number of seats it sells on each flight into the first quarter of 2021, when it will review a current policy of limiting capacity at 70% ...
Oct 28, 2020
U.S. antitrust regulator loses bid to revive Qualcomm case
By Jan Wolfe and Stephen Nellis (Reuters) - A U.S. appeals court on Wednesday handed a victory to Qualcomm Inc, declining to reconsider an August decision that dismissed the U.S. Federal Trade Commiss...
Oct 28, 2020
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