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

(Reuters) - Billionaire investor Carl Icahn has raised his stake in Occidental Corp to nearly 10%, or about 88.6 million shares, saying the shares were undervalued, an SEC filing http://bit.ly/2Qb9byt...

By Ritvik Carvalho and Thyagaraju Adinarayan LONDON (Reuters) - Sell, sell, sell. A coronavirus-induced meltdown on Wall Street and other financial markets saw prices plunge on Thursday for everything...

By Jonnelle Marte and Howard Schneider (Reuters) - Analysts and economists increasingly expect the Federal Reserve to roll out measures beyond interest rate cuts and bond purchases to ensure financial...

NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon was released from a New York hospital and is now at home recovering from an emergency heart surgery he underwent last week,...

OSLO (Reuters) - Norwegian Air will scrap 4,000 flights and temporarily lay off around half its employees due to the ongoing coronavirus outbreak, the company said on Thursday. Travel restrictions and...

FRANKFURT (Reuters) - The European Central Bank is committed to avoiding any fragmentation in the euro zone, ECB Chief Christine Lagarde said on Thursday, apparently rowing back on earlier comments th...

WASHINGTON (Reuters) - U.S. household wealth rose to $118.4 trillion in the final quarter of last year, a Federal Reserve report on Thursday showed, a situation set to reverse in the coming period as ...

ROME (Reuters) - Italian Prime Minister Giuseppe Conte said euro zone finance ministers meeting on Monday should focus exclusively on ways to alleviate the economic fallout from the coronavirus. Under...

By Sheila Dang and Helen Coster (Reuters) - The U.S. advertising industry could face steep losses as sports leagues cancel or postpone live events and consumers spend less while many stay at home duri...

LISBON (Reuters) - Portuguese hotels are bracing for the loss of hundreds of millions of euros of revenue in the next few months due to the spreading coronavirus, while some of the country's top touri...