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

June 23 (Reuters) - FedEx margins in its core delivery segment dropped in the latest quarter from a year earlier, and shares fell 6% in extended trading on Tuesday even though the company beat profit ...

By Howard Schneider June 23 (Reuters) - The search process for the next president of the Federal Reserve Bank of Atlanta was reset when Kevin Warsh took over as the chairman of the U.S. central bank, ...

By David Shepardson June 23 (Reuters) - The U.S. Federal Communications Commission said Thursday an auction of wireless mid-band spectrum raised more than $3.5 billion, which will largely be used to f...

By Nupur Anand June 23 (Reuters) - Elon Musk's SpaceX said on Tuesday it has launched a five-tranche notes offering to raise at least $25 billion, as the newly public company seeks funding for its cap...

By Abigail Summerville NEW YORK, June 23 (Reuters) - In a deal that attracted little interest from Wall Street, the owner of popular yoga clothing maker Alo agreed to sell its wholesale T-shirt divisi...

By Saqib Iqbal Ahmed NEW YORK, June 23 (Reuters) - Short sellers are finding it easier to borrow SpaceX shares, even as some 5% to 7% of the company's float, about 40 million shares, has been sold sho...

By Jonathan Stempel and Doina Chiacu June 23 (Reuters) - Alibaba, the Chinese technology and e-commerce giant, sued the U.S. government on Tuesday over being placed on a list of businesses from China ...

By Jeffrey Dastin June 23 (Reuters) - Anthropic on Tuesday launched an artificial intelligence agent inside Salesforce's Slack app that can work alongside employees in group chats, deepening its push ...

June 23 (Reuters) - Meta CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, the New York Times reported on Tuesday, citing...

By Saqib Iqbal Ahmed and Lewis Krauskopf NEW YORK, June 23 (Reuters) - SpaceX's stock extended its wild ride on Tuesday, briefly falling below its first-day opening price before rebounding on an other...