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

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...

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...

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 ...

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...

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 ...

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...

(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...

By Stephen Culp NEW YORK, June 15 (Reuters) - U.S. stocks rallied on Monday and crude prices dropped after the U.S. and Iran announced they have reached a deal to end the war and reopen the Strait of ...

By Leika Kihara TOKYO, June 16 (Reuters) - The Bank of Japan is set to raise interest rates to a 31-year high on Tuesday, marking another landmark step in normalising monetary policy as it focuses on ...

June 15 (Reuters) - Qualcomm is in talks to acquire AI chip startup Tenstorrent for $8 billion to $10 billion, The Information reported on Monday citing a person with knowledge of the deal. Shares of ...