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

By Robert Harvey, Siyi Liu and Georgina McCartney LONDON, May 21 (Reuters) - As prices for physical crude oil hit all-time highs of over $160 per barrel last month, analysts and traders alike rushed t...

By Courtney Rozen and Dietrich Knauth May 21 (Reuters) - Meta Platforms on Thursday settled the first case set for trial seeking to make social media companies cover the costs that school districts sa...

By Gertrude Chavez-Dreyfuss NEW YORK, May 21 (Reuters) - Surging U.S. Treasury yields have prompted mortgage investors to hedge the loans in their portfolios by selling government debt, a shift that p...

By Deepa Seetharaman SAN FRANCISCO, May 21 (Reuters) - AI startup Modal raised $355 million in a new round of financing, valuing the company at $4.65 billion, CEO Erik Bernhardsson told Reuters. AI st...

By Pranav Mathur and Sheila Dang May 21 (Reuters) - Shale producer Devon Energy on Thursday said it has acquired 16,300 net undeveloped acres in the core of the Delaware Basin in New Mexico for about ...

By Samuel Shen and Selena Li SHANGHAI/HONG KONG, May 21 (Reuters) - JPMorgan is implementing AI tools across its investment banking business globally, its Asia investment banking head said on Thursday...

By Howard Schneider RALEIGH, North Carolina, May 21 (Reuters) - How businesses and consumers respond to ongoing economic shocks will determine if the U.S. Federal Reserve can "look through" current hi...

By Michael S. Derby NEW YORK, May 21 (Reuters) - When Kevin Warsh takes command of the Federal Reserve, he will do so as some central bank officials and staff have become increasingly anxious about th...

MOSCOW, May 21 (Reuters) - The United States has moved closer to slapping prohibitive tariffs on imports of Russian palladium after the Department of Commerce made a final determination on a counterva...

By Aishwarya Jain May 21 (Reuters) - Equity Residential and AvalonBay Communities have agreed to an all-stock merger to form a housing rental company with an enterprise value of $69 billion, the firms...