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

By Sarupya Ganguly BENGALURU, Feb 12 (Reuters) - Long-dated U.S. Treasury yields will hold steady in the near term but rise later this year on inflation and Federal Reserve independence concerns, whil...

By Lisa Baertlein Feb 12 (Reuters) - Global delivery company FedEx said on Thursday adjusted earnings for the current holiday quarter would top Wall Street's average estimate and set growth targets th...

Feb 12 (Reuters) - CarMax on Thursday named Keith Barr as its next chief executive, who will take over the helm at the used-car retailer as it navigates a turnaround plan and lower demand. Barr, a vet...

By Tim Hepher PARIS, Feb 12 (Reuters) - French-US jet engine maker CFM is studying a more conventional "advanced ducted" engine design alongside its preferred option for a radical open-fan concept for...

Feb 12 (Reuters) - U.S. utility Exelon on Thursday forecast full-year adjusted profit largely above analysts' expectations after beating fourth-quarter earnings estimates, driven by higher electricity...

Feb 12 (Reuters) - Utility PG&E tightened its full-year profit forecast on Thursday, raising the lower end of its range as it sees strong power demand driven by data centers and broader load growth. T...

Feb 12 (Reuters) - Wall Street broker Clear Street on Thursday cut the valuation it is seeking from its U.S. initial public offering to $7.2 billion, a big haircut from the initial target of $11.8 bil...

Feb 12 (Reuters) - American Electric Power surpassed Wall Street expectations for fourth-quarter profit on Thursday, and said it would expand its five-year capital expenditure plan beyond $72 billion ...

Feb 12 (Reuters) - Refiner PBF Energy reported a surprise profit on Thursday, as supply disruptions tied to the Russia-Ukraine war and improved crude price differentials lifted refining margins. PBF g...

FRANKFURT, Feb 12 (Reuters) - Hundreds of Lufthansa flights were cancelled on Thursday as pilots and flight attendants went on strike at Germany's largest airline, which has for years struggled to rei...