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

By Juveria Tabassum Feb 5 (Reuters) - From increased ad spend, Wimbledon tie-ups to price hikes, U.S. retailers like Estee Lauder and Ralph Lauren are pulling out all stops to corner a slice of a mark...

By Hannah Lang Feb 5 (Reuters) - Turbulence in the cryptocurrency market is dragging down shares of companies that hold bitcoin and other digital assets on their balance sheets, sparking concerns over...

By William Schomberg, David Milliken and Andy Bruce LONDON, Feb 5 (Reuters) - The Bank of England kept interest rates on hold on Thursday, but only after an unexpectedly narrow 5-4 vote, and said borr...

Feb 5 (Reuters) - Saudi Arabia's flagship carrier Saudia is in early talks with Boeing and Airbus to buy at least 150 narrowbody and widebody jets, Bloomberg News reported on Thursday, citing people f...

By Nicole Jao NEW YORK, Feb 5 (Reuters) - Phillips 66 is set to lay off 277 employees as operations at the 139,000-barrel-per-day Los Angeles-area refinery wind down ahead of closure, filings to Calif...

By Prakhar Srivastava and Abigail Summerville Feb 5 (Reuters) - Bob's Discount Furniture, backed by private equity firm Bain Capital, secured a valuation of $2.22 billion, after its shares opened flat...

SAN FRANCISCO, Feb 5 (Reuters) - Technology startup Anthropic on Thursday launched what it called an improved artificial intelligence model, days after its product advances helped kick-start a selloff...

By Atharva Singh and Arasu Kannagi Basil Feb 5 (Reuters) - Drug developer Eikon Therapeutics, headed by Merck veteran Roger Perlmutter, was valued at about $860.3 million after its shares opened 5.3% ...

By Nell Mackenzie LONDON, Feb 4 (Reuters) - Hedge funds posted positive returns in January thanks to ripples of market volatility stemming from U.S. military action in Venezuela, questions around the ...

By Anshuman Tripathy and Apratim Sarkar Feb 5 (Reuters) - U.S. military shipbuilder Huntington Ingalls said on Thursday that it had expected free cash flow for the current quarter to be negative, desp...