Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

By Deena Beasley June 24 (Reuters) - The U.S. Food and Drug Administration, which cut more than 3,000 employees last year, has been authorized to hire 2,200 people, Lowell Zeta, acting chief of staff ...

By Ashitha Shivaprasad June 24 (Reuters) - Bullion-backed exchange-traded funds could face renewed outflows if investors continue to increase their bets on interest rate hikes, analysts say - a factor...

By Zaheer Kachwala and Anhata Rooprai June 24 (Reuters) - Apple turning to Intel for chips, as Washington announced last week, has the neat logic of necessity meeting ambition. But it is not that simp...

By Lucia Mutikani WASHINGTON, June 24 (Reuters) - Sales of new U.S. single-family homes unexpectedly fell in May, weighed down by higher mortgage rates and prices, dampening hopes for a housing recove...

By David Shepardson WASHINGTON, June 24 (Reuters) - U.S. Postmaster General David Steiner told Congress on Wednesday that the financially struggling agency has a broken business model and needs help f...

June 24 (Reuters) - Online spending among shoppers on the first day of Amazon's Prime Day rose 5.3% from a year earlier to $8.3 billion across U.S. retailers, Adobe Analytics said on Wednesday. The fo...

By Saqib Iqbal Ahmed NEW YORK, June 24 (Reuters) - Short sellers have increased their bets on further falls in the share price of Elon Musk's SpaceX after the stock's drop from highs scaled immediatel...

June 24 (Reuters) - Wall Street's main indexes were muted on Wednesday, after two straight sessions of declines, as technology shares steadied after a sharp sell-off this week and investors awaited Mi...

By Shashwat Chauhan June 24 (Reuters) - Wendy's highly shorted shares climbed more than 20% in premarket trading on Wednesday as retail traders flocked to the beaten-down stock, in the latest meme-lik...

By Max A. Cherney SAN FRANCISCO, June 24 (Reuters) - OpenAI showed off the company's first custom artificial intelligence chip designed in conjunction with Broadcom on Wednesday, as it seeks to speed ...