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

(Reuters) - Mattel Inc will have a new line of "Baby Yoda" toys ready to hit shelves in time for Christmas, the toymaker said on Tuesday, as it joined rival Hasbro in charting a recovery from the fina...

(Reuters) - Wells Fargo & Co said on Tuesday it has received inquiries from federal agencies over its loan offerings under the Paycheck Protection Program (PPP), a federal coronavirus relief program. ...

By Munsif Vengattil and Lisa Richwine (Reuters) - Walt Disney Co estimated global coronavirus lockdowns cut profits by $1.4 billion, mostly from its shuttered theme parks, but said it would reopen Sha...

(Reuters) - Beyond Meat Inc reported better-than-expected quarterly results on Tuesday as it sold more of its plant-based meat products and cut costs on packaging and labor, sending its shares up 3% a...

By Martinne Geller and Siddharth Cavale (Reuters) - Vegetarian burger maker Beyond Meat plans to offer large value packs and discounts to some U.S. retailers this summer, hoping to grab a larger share...

LONDON (Reuters) - Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer Allianz for rejecting business interruption claims during...

By Nichola Saminather TORONTO(Reuters) - Some Canadian banks have frozen new lending for smaller commercial property purchases, in some cases withdrawing letters of intent, as the coronavirus crisis r...

By Tina Bellon (Reuters) - California's attorney general on Tuesday sued Uber Technologies Inc and Lyft Inc for classifying its drivers improperly as independent contractors instead of employees, evad...

FRANKFURT (Reuters) - BMW lowered the outlook for the profitability of its automotive division, citing worse-than-expected demand which has been impacted by global measures to contain the coronavirus....

NEW YORK (Reuters) - Goldman Sachs Group Inc is working on a strategy to gradually return staff to working in offices worldwide, the bank's chief executive told staff on Tuesday in an internal memo vi...