Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
US banks could release $320 billion in capital with new draft rules, analysts say
By Tatiana Bautzer NEW YORK, April 8 (Reuters) - Big U.S. banks may be able to release up to $320 billion in capital under revised draft rules unveiled by regulators last month, Morgan Stanley analyst...
Apr 08, 2026
US pump prices to stay elevated despite US-Iran ceasefire deal, market observers say
By Shariq Khan NEW YORK, April 8 (Reuters) - U.S. consumers will continue to pay high prices to fill up their vehicles or purchase airplane tickets through the peak summer travel season, several marke...
Apr 08, 2026
Fed's Daly says US economic fundamentals in a 'good place'
By Ann Saphir April 8 (Reuters) - San Francisco Federal Reserve President Mary Daly on Wednesday said the U.S. economy is fundamentally in a "good place" despite sharply higher oil prices from the Ira...
Apr 08, 2026
Fed minutes show growing openness to rate hikes at March meeting
By Howard Schneider WASHINGTON, April 8 (Reuters) - A growing group of Federal Reserve policymakers felt last month that interest rate hikes might be needed to counter inflation that continued to exce...
Apr 08, 2026
Ex-Rio Tinto CEO's deep-sea mining firm to merge with Odyssey in $1 billion deal
By Ernest Scheyder April 8 (Reuters) - A deep-sea mining firm led by former Rio Tinto CEO Tom Albanese will merge with Odyssey Marine Exploration in a $1 billion all-stock deal aimed at building one o...
Apr 08, 2026
Lufthansa cabin crew union calls one-day strike in Germany
April 8 (Reuters) - Lufthansa faces a one-day strike this week, the airline's third labor disruption in two months. The cabin crew union UFO has called on staff at the core Lufthansa brand and its fee...
Apr 08, 2026
Berkshire-owned PacifiCorp utility wins ruling that could reduce Oregon wildfire damages
By Jonathan Stempel April 8 (Reuters) - An appeals court on Wednesday ruled in favor of Berkshire Hathaway's PacifiCorp unit over a series of Oregon wildfires in 2020, saying a trial judge erred in le...
Apr 08, 2026
Citigroup says AI helps speed account openings and systems upgrades
By Tatiana Bautzer NEW YORK, April 8 (Reuters) - Citigroup is using artificial intelligence to speed up account openings and the retirement of old software, the U.S. bank's head of technology, Tim Rya...
Apr 08, 2026
Meta unveils first AI model from costly superintelligence team
By Katie Paul and Aditya Soni April 8 (Reuters) - Meta Platforms on Wednesday unveiled Muse Spark, the first artificial intelligence model from a costly team it assembled last year to catch up with ri...
Apr 08, 2026
Italy’s Serie A soccer league sounds out private equity for stake in overseas media unit, sources say
By Elvira Pollina and Amy-Jo Crowley MILAN/LONDON, April 8 (Reuters) - Italy's Serie A soccer league has sounded out private equity investor interest for a minority stake in its international media ri...
Apr 08, 2026
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