Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Activist fund Elliott backs SoftBank’s $4.8 billion buyback plan
(Reuters) - Activist investor Elliott Management said on Friday it supports SoftBank Group Corp's latest move to buy back up to $4.8 billion of its shares. Elliott also said SoftBank would have opport...
Mar 13, 2020
Apple shifts annual developers conference to online-only format
(Reuters) - Apple Inc on Friday called off the in-person portion of its annual developers conference scheduled to be held in San Jose and said it would run the program entirely online in June because ...
Mar 13, 2020
EU clears UTC purchase of Raytheon, subject to conditions
BRUSSELS (Reuters) - The European Union has cleared United Technologies Corporation's (UTC) planned acquisition of Raytheon , subject to conditions, the European Commission said on Friday. UTC agreed ...
Mar 13, 2020
Ford having most white-collar employees work remotely starting Monday
DETROIT (Reuters) - Ford Motor Co will have most of its white-collar workforce outside of China working remotely as of Monday to protect against the spread of the coronavirus, a spokesman said Friday....
Mar 13, 2020
Take Five: Panic stations
(Reuters) - 1/TAPPING THE FED Recent blowouts in dollar swap prices are a sign economic lockdowns across the world are starting to pressure business cashflows, forcing companies to look elsewhere for ...
Mar 13, 2020
U.S. import prices post biggest drop in six months on weak petroleum
By Lucia Mutikani WASHINGTON (Reuters) - U.S. import prices fell by the most in six months in February as the cost of petroleum products dropped, and economists said they could decline further because...
Mar 13, 2020
Charles Schwab reports strongest start to year as coronavirus fears grow
(Reuters) - Charles Schwab reported the strongest start to a year with $45.3 billion in fresh assets under management during the first two months of 2020, driven by heightened volatility faced by equi...
Mar 13, 2020
Fidelity Investments urges employees to work from home
BOSTON (Reuters) - Fidelity Investments became the latest large financial firm to urge employees to work from home in order to slow the transmission of the coronavirus, according to a company memo. "A...
Mar 13, 2020
U.S. consumer sentiment drops in early February, coronavirus blamed
WASHINGTON (Reuters) - U.S. consumer sentiment fell in early March as households responded to the coronavirus pandemic and steep declines in stock market prices, a survey showed on Friday. The Univers...
Mar 13, 2020
Mnuchin: Coronavirus’ economic hit seen as short-term, weighing all options
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin on Friday said he expected the U.S. economic hit from the coronavirus outbreak to be short-term, and that the Trump administration was kee...
Mar 13, 2020
Now Playing
101 WIXX | Your Hit Music Station
