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

By Manya Saini and Niket Nishant June 11 (Reuters) - Few business leaders have been as deeply embedded in popular culture as Elon Musk, the ambitious entrepreneur who has become a central figure in in...

June 11 (Reuters) - Lennar forecast third-quarter home deliveries below Wall Street estimates on Thursday amid a persistently weak U.S. housing market, sending its shares down 3.2% after the bell. Sin...

June 11 (Reuters) - Elon Musk's SpaceX raised the $75 billion it targeted in a hotly awaited IPO on Thursday, selling shares at a fixed price of $135 that valued the space, satellite and AI company at...

By Nicole Jao NEW YORK, June 11 (Reuters) - U.S. vacationers are barreling into peak summer driving season just as the gasoline market faces a supply crunch, with resilient domestic demand and surging...

By Jamie McGeever ORLANDO, Florida, June 11 (Reuters) - Wall Street staged its biggest bounce in two months on Thursday, and oil and bond yields tumbled, after U.S. President Donald Trump canceled pla...

By Zaheer Kachwala June 11 (Reuters) - Adobe on Thursday announced the exit of CFO Dan Durn, adding to concerns about the Photoshop maker's strategy to navigate the crowded design industry, though the...

By Rahul Trivedi BENGALURU, June 12 (Reuters) - The Reserve Bank of Australia will pause its tightening cycle on June 16, according to a Reuters poll of economists as a cooling economy gives policymak...

By Dietrich Knauth NEW YORK, June 11 (Reuters) - A U.S. appeals court on Thursday extended its block on a lower court ruling against the Trump administration's 10% global tariff under Section 122 of t...

June 11 (Reuters) - Elon Musk's SpaceX raised $75 billion in its blockbuster initial public offering on Thursday, shattering records and eclipsing Saudi Aramco's 2019 listing by a wide margin to becom...

By Echo Wang NEW YORK, June 11 (Reuters) - SpaceX on Thursday priced the biggest-ever U.S. initial public offering at $135 per share, making Elon Musk's rocket and spacecraft manufacturer one of the w...