Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Baker Hughes quarterly adjusted profit falls 8%
(Reuters) - Oilfield services provider Baker Hughes Co reported an 8% fall in first-quarter adjusted profit on Wednesday and booked over $16 billion in impairment and restructuring charges. The compan...
Apr 22, 2020
‘Historic’ trading volumes drive Nasdaq’s profit higher
(Reuters) - Transatlantic exchange operator Nasdaq Inc reported a 23% rise in adjusted quarterly profit on Wednesday, benefiting from the coronavirus-fueled market volatility that led to a surge in tr...
Apr 22, 2020
American quandary: how to secure weapons-grade minerals without China
By Ernest Scheyder MOUNTAIN PASS, Calif. (Reuters) - The United States wants to curb its reliance on China for specialized minerals used to make weapons and high-tech equipment, but it faces a Catch-2...
Apr 22, 2020
Brazil’s Rio at mercy of Pimco, Dodge & Cox as oil cash dries up
By Gram Slattery RIO DE JANEIRO (Reuters) - Already grappling with one of Brazil's most severe outbreaks of the novel coronavirus and a budget deep in the red, Rio de Janeiro state faces a potential t...
Apr 22, 2020
BlackRock says sustainability reports might slide during pandemic
By Ross Kerber BOSTON (Reuters) - Top asset manager BlackRock Inc, which has vowed to put more focus on climate issues, said that companies might give a lower priority to sustainability reports as the...
Apr 22, 2020
Delta posts loss for first quarter amid pandemic slowdown
By Tracy Rucinski (Reuters) - Delta Air Lines Inc reported on Wednesday its first first-quarter loss in nine years and forecast a 90% decline in second-quarter revenue as the coronavirus crisis devast...
Apr 22, 2020
AT&T misses revenue estimates as coronavirus weighs on business
By Arriana McLymore and Sheila Dang (Reuters) - AT&T Inc's first-quarter revenue fell short of Wall Street expectations and the company pulled its annual forecast on Wednesday, as the impact of the co...
Apr 22, 2020
Brexit’s back: double-whammy for sterling after virus shock
By Elizabeth Howcroft LONDON (Reuters) - Shoved aside by the coronavirus pandemic, Brexit is set to work its way into the headlines again as a June deadline for extending Britain's 11-month transition...
Apr 22, 2020
France backs Spanish EU recovery fund plan in principle: presidential adviser
PARIS (Reuters) - France backs a Spanish proposal for a "recovery fund" for the European Union in principle, a French presidential adviser said on Wednesday, adding that the terms can be discussed but...
Apr 22, 2020
Futures bounce after two days of oil-led rout
By C Nivedita and Shreyashi Sanyal (Reuters) - U.S. stock index futures rebounded on Wednesday as upbeat quarterly earnings reports lifted investor sentiment following a two-day selloff due to a recor...
Apr 22, 2020
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