Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Asian stocks under pressure, dollar in demand amid resurgent virus fears
By Suzanne Barlyn (Reuters) - Asian stocks came under pressure on Friday as investors sought safe havens, such as the U.S. dollar, fearing that a resurgence in coronavirus cases and a lack of addition...
Oct 15, 2020
BioMed valued at $14.6 billion in deal for sale from one Blackstone fund to another
(Reuters) - Blackstone Real Estate Partners and co-investors have agreed to sell BioMed Realty for $14.6 billion to a group led by existing BioMed investors, Blackstone Group Inc said on Thursday. Bla...
Oct 15, 2020
U.S. judge ‘not inclined’ to reverse decision on WeChat app store ban
By David Shepardson WASHINGTON (Reuters) - A U.S. judge in San Francisco on Thursday said she was "not inclined" to reverse her decision blocking the government from barring Apple Inc and Alphabet Inc...
Oct 15, 2020
China’s turbo-charged online fashion takes on Zara and H&M
By Sonya Dowsett and Sophie Yu MADRID/BEIJING (Reuters) - China's Shein may be the biggest shopping site you've never heard of. The fast-fashion player is encroaching on the territory of more establis...
Oct 15, 2020
Fed’s Kashkari: Recovery will be grinding and slow without more stimulus
(Reuters) - The U.S. economic recovery will slow down if unemployed Americans and struggling businesses do not receive more assistance, Minneapolis Federal Reserve President Neel Kashkari said on Thur...
Oct 15, 2020
Fed Chair Powell to speak next week at IMF on digital currencies
SAN FRANCISCO (Reuters) - U.S. Federal Reserve Chair Jerome Powell will speak Oct. 19 at the International Monetary Fund's annual meeting, the central bank said on Thursday. He will speak on the subje...
Oct 15, 2020
J.C. Penney sale talks stall: Bloomberg News
(Reuters) - Talks between J.C. Penney Co's lenders and the would-be buyers, Simon Property Group Inc and Brookfield Property Partners LP , broke down in recent days, Bloomberg News reported on Thursda...
Oct 15, 2020
Daimler posts forecast-beating results as demand rebounds
FRANKFURT (Reuters) - Carmaker Daimler on Thursday posted forecast-beating third-quarter results, citing a faster than expected market recovery and strong business in September. Third-quarter earnings...
Oct 15, 2020
Fed’s Barkin says hiring could recover slowly as companies streamline
(Reuters) - Spending by consumers and businesses could increase as people become more confident about the economy, but it could take longer for the labor market to recover because of mismatches in the...
Oct 15, 2020
U.S. stock funds attract $4.5 billion in week: Lipper
(Reuters) - U.S.-based stock funds in the week ended Wednesday posted $4.5 billion in inflows, according to Lipper. Taxable bond funds attracted $11.2 billion, while U.S. money market funds shed $18.9...
Oct 15, 2020
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