Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Southwest Airline lowers 2026 profit floor as fuel costs blunt pricing gains
By Rajesh Kumar Singh and Nandan Mandayam CHICAGO, July 22 (Reuters) - Southwest Airlines lowered the floor of its 2026 profit forecast and projected third-quarter earnings below Wall Street estimates...
Jul 22, 2026
IBM cuts annual revenue growth forecast as customers prioritize AI infrastructure spending
By Anhata Rooprai July 22 (Reuters) - IBM cut its annual revenue growth forecast on Wednesday, days after shocking Wall Street with a warning that corporate spending was shifting toward AI-focused dat...
Jul 22, 2026
Google increases capex forecast again after cloud-driven quarterly beat
By Deborah Mary Sophia and Kenrick Cai July 22 (Reuters) - Alphabet on Wednesday reported its best-ever quarter of growth for its cloud computing division, but faced investor scrutiny after concerns a...
Jul 22, 2026
As Musk pivots beyond cars, Tesla’s autos engine is under strain
By Akash Sriram and Abhirup Roy July 22 (Reuters) - As Elon Musk pivots to robots and AI, he wants investors to stop thinking of Tesla as simply an automaker. Yet to fund those bets, he is relying on ...
Jul 22, 2026
Texas Instruments forecasts upbeat revenue on analog chip demand
By Juby Babu July 22 (Reuters) - Texas Instruments forecast quarterly revenue above Wall Street estimates on Wednesday, signaling that spending on AI infrastructure and a recovery in industrial and au...
Jul 22, 2026
FCC votes to bar sales of devices with parts from Chinese firms posing risks
By David Shepardson July 22 (Reuters) - The Federal Communications Commission on Wednesday voted to bar sales of devices in the U.S. that contain key hardware from Chinese companies deemed to be natio...
Jul 22, 2026
Brazil to provide $3.7 billion in credit for firms hit by US tariffs
BRASILIA, July 22 (Reuters) - The Brazilian government announced 18.5 billion reais ($3.66 billion) in financing for companies hit by the new U.S. tariffs valid as of Wednesday, adding the resources w...
Jul 22, 2026
CME profit tops estimates, CEO says 'perps' chatter overshadows results
By Pritam Biswas July 22 (Reuters) - CME Group beat Wall Street's second-quarter profit estimates on Wednesday, fueled by strong hedging demand, sending the derivatives exchange's shares up 6.1%. Mean...
Jul 22, 2026
Teen plaintiff suing Meta over mental health harms drops his claims against company days before trial
By Diana Novak Jones July 22 (Reuters) - A Florida teen dropped his lawsuit on Wednesday against Meta Platforms, canceling a Los Angeles trial over claims the social media company's apps caused his de...
Jul 22, 2026
Paramount secures EU nod for $110 billion Warner Bros deal, US hurdles ahead
By Foo Yun Chee BRUSSELS, July 22 (Reuters) - Paramount Skydance Corp on Wednesday gained European Union antitrust approval for its $110 billion acquisition of Warner Bros Discovery after agreeing to ...
Jul 22, 2026
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