Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Zuckerberg says Meta made 'mistakes' in AI workforce shift
By Katie Paul June 12 (Reuters) - Meta CEO Mark Zuckerberg has told employees that the social media giant has made mistakes in its AI transformation of its workforce, according to an internal memo see...
Jun 12, 2026
Target investors reject proposal for independent board chair, support rises but stays below majority
June 12 (Reuters) - Target on Friday said its shareholders rejected a proposal to separate the roles of board chair and executive leadership, with 38.1% votes in support - above the 29% level achieved...
Jun 12, 2026
Exxon Mobil set to place Alex Volkov as head of global trading, sources say
By Arathy Somasekhar HOUSTON, June 12 (Reuters) - Exxon Mobil was poised to name Alex Volkov as head of global trading, two sources with knowledge of the matter said. On Thursday, Reuters reported tha...
Jun 12, 2026
Dom Perignon, moon pies and fortunes flow as Wall Street feted SpaceX's historic IPO
By Dawn Kopecki and Akash Sriram NEW YORK, June 12 (Reuters) - The first day of SpaceX trading is over. Now, the parties begin. At the "Top of the House" of JPMorgan's $4 billion headquarters in midto...
Jun 12, 2026
SpaceX’s $2 trillion debut met with cheers, jeers and protest
By Joe Brock and David Jeans NEW YORK, June 12 (Reuters) - On Friday, Elon Musk's image loomed large over Times Square from the giant TV screen of the Nasdaq stock exchange, as tourists outside snappe...
Jun 12, 2026
Japanese investors sought more than $6.2 billion worth of SpaceX shares at IPO, sources say
By Anton Bridge and Miho Uranaka TOKYO, June 13 (Reuters) - Japanese investors were willing to subscribe to more than 1 trillion yen ($6.2 billion) of shares in SpaceX's record-breaking IPO, two sourc...
Jun 12, 2026
Roku exploring strategic options, including sale of company, sources say
By Echo Wang, Milana Vinn and Dawn Chmielewski June 12 (Reuters) - Roku Inc is exploring its strategic options, including a full sale of the company, according to six people familiar with the matter, ...
Jun 12, 2026
Microsoft has considered spinning off Xbox, the Information reports
June 12 (Reuters) - Microsoft is considering options for its Xbox gaming unit, including a potential spinoff or restructuring as a wholly owned subsidiary, the Information reported on Friday, citing t...
Jun 12, 2026
Private credit roundup: Reflecting on funding stress in Berlin
LONDON, June 12 (Reuters) - Senior executives in the private markets sector pointed to weaker incomes and challenges raising money at the industry's largest annual conference in Berlin this week, whil...
Jun 12, 2026
Heavy trading expected when SpaceX options launch in coming days
By Laura Matthews and Saqib Iqbal Ahmed NEW YORK, June 12 (Reuters) - Investors will soon get a new way to bet on SpaceX's trajectory: options on the stock are set to begin trading as soon as Tuesday,...
Jun 12, 2026
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