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

By David Shepardson WASHINGTON, May 29 (Reuters) - U.S. Democratic Senator Ed Markey on Friday formally asked TikTok's newly formed U.S. joint venture and cloud computing giant Oracle to explain how t...

By Kalea Hall DETROIT, May 29 (Reuters) - A battery plant partly owned by General Motors is delaying the return of hundreds of workers in northeast Ohio amid continued weak demand for electric cars. W...

By David Shepardson WASHINGTON, May 29 (Reuters) - Major airline, travel and business groups warned that barring border processing at Newark or other major U.S. airports could lead to chaos, strand th...

May 29 (Reuters) - Wall Street's main indexes opened higher on Friday, after closing at record highs the previous session, with markets awaiting details on reports that the U.S. and Iran had reached a...

May 29 (Reuters) - U.S. equity funds drew inflows in the week to May 27 as a rally in AI-linked technology stocks lifted sentiment, though concerns surrounding the U.S.-Iran peace negotiations kept pu...

By Patturaja Murugaboopathy May 29 (Reuters) - Unrealised losses at U.S. private credit lenders deepened in the first quarter to their worst level since 2022, while the amount of interest income they ...

By Michael S. Derby May 29 (Reuters) - Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday the Middle East war's impact on the economy, while still being measured, could lead to ...

May 29 (Reuters) - Global investors returned to equity funds in the week to May 27 after a week of outflows, as a rally in AI-linked stocks revived demand, though caution over U.S.-Iran peace negotiat...

By Promit Mukherjee OTTAWA, May 29 (Reuters) - Canada's economy posted a surprise contraction in the first quarter versus the year before, making it two straight quarters of annualized decline - which...

By Lucia Mutikani WASHINGTON, May 29 (Reuters) - The U.S. trade deficit in goods contracted more than expected in April as a surge in exports blunted rising imports, but economists cautioned the trend...