Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
French central bank cuts economic growth outlook as energy prices bite
PARIS, June 16 (Reuters) - France's economy is growing more slowly than expected after a sluggish start to the year with the Middle East conflict weighing on activity, the central bank said on Tuesday...
Thomson Reuters Jun 16, 2026
Hacking group claims major hack of Novo Nordisk and attempted $25 million extortion
By AJ Vicens June 16 (Reuters) - A cyber extortion group claimed on Tuesday to have stolen more than a terabyte of data from pharmaceutical giant Novo Nordisk and said it is exploring selling parts of...
Thomson Reuters Jun 16, 2026
Analysis-Apollo's sale of the largest US private golf-club operator shows upswing in M&A for luxury clubs
By Abigail Summerville NEW YORK, June 16 (Reuters) - A post-COVID surge in U.S. golf-club memberships is leading to big deals for private-club operators that cater to the affluent, evidenced in Apollo...
Thomson Reuters Jun 16, 2026
GM, Lockheed to collaborate on defense projects
By Kalea Hall DETROIT, June 16 (Reuters) - General Motors and defense company Lockheed Martin are collaborating on projects to strengthen the U.S. manufacturing and defense industrial base, the compan...
Thomson Reuters Jun 16, 2026
Snap bets on life beyond smartphones with $2,195 Specs augmented-reality glasses
By Jaspreet Singh and Aditya Soni June 16 (Reuters) - Snap on Tuesday launched its first augmented-reality glasses for consumers at a hefty price of $2,195, pitching the device as the future of how pe...
Thomson Reuters Jun 16, 2026
Snap CEO Spiegel defends Specs as long-term bet, pushes back against activist pressure
By Jaspreet Singh and Aditya Soni June 16 (Reuters) - Snap CEO Evan Spiegel told Reuters the company's new Specs augmented-reality glasses are part of its long-term strategy, pushing back on activist ...
Thomson Reuters Jun 16, 2026
Oil prices fall 5% to 3-month low on hopes Strait of Hormuz will open
By Scott DiSavino NEW YORK, June 16 (Reuters) - Oil prices fell about 5% for a second day in a row to a three-month low on Tuesday as details emerged of an interim deal to end the war in the Middle Ea...
Thomson Reuters Jun 16, 2026
Pentagon commits $500 million loan to Phoenix Tailings for rare earth plant
June 16 (Reuters) - Phoenix Tailings said on Tuesday the Pentagon's Office of Strategic Capital has conditionally committed $500 million in long-term debt financing to the company to construct a rare ...
Thomson Reuters Jun 16, 2026
Rivian trims workforce by about 2% amid profitability push
June 16 (Reuters) - Electric-vehicle maker Rivian said on Tuesday it is laying off less than 2% of its workforce as part of ongoing efforts to scale its operations profitably. The company, which emplo...
Thomson Reuters Jun 16, 2026
EU must tap trillions of euros in private savings to keep up with US and China, investors say
(Adds bylines and tag) By Charlie Devereux and Yoruk Bahceli LONDON, June 16 (Reuters) - Europe must tap into trillions of euros of private savings to fund the economic transformation it needs to comp...
Thomson Reuters Jun 16, 2026





