Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
How crypto lender Celsius stumbled on risky bank-like investments
By Hannah Lang, Carolina Mandl and Elizabeth Howcroft (Reuters) - Celsius Network, the retail crypto lending platform whose liquidity problems have sent cryptocurrencies plunging, stumbled on complex ...
Jun 15, 2022
U.S. business inventories rise strongly; sales slow
WASHINGTON (Reuters) - U.S. business inventories increased strongly in April amid a moderation in sales, government data showed on Wednesday. Business inventories rose 1.2% after advancing 2.4% in Mar...
Jun 15, 2022
Citigroup markets head sees Q2 investment banking drop, markets increase
(Reuters) - Citigroup global head of markets Andy Morton told an investor conference on Wednesday that he expects the company's investment banking wallet to be down around 50-55% for the second quarte...
Jun 15, 2022
Shares in Brazil airlines rise as Bolsonaro vetoes free checked bags
BRASILIA/SAO PAULO (Reuters) - Brazilian President Jair Bolsonaro has vetoed a Congress-passed measure that would block airlines from charging for checked baggage on their flights, his office said on ...
Jun 15, 2022
Ryanair’s Italian staff to join strikes planned for June 25
MILAN (Reuters) - Unions representing staff and cabin crew for Ryanair in Italy have called a 24-hour strike for June 25, coinciding with walkouts the budget airline is facing the same day in other pa...
Jun 15, 2022
Britain’s Sainsbury’s adds top sellers to price match scheme
By James Davey LONDON (Reuters) - British supermarket group Sainsbury's, seeking an edge amid a worsening cost of living crisis, will for the first time include its biggest selling lines in a scheme t...
Jun 15, 2022
U.S. home builder sentiment hits two-year low in June – NAHB
WASHINGTON (Reuters) - Confidence among U.S. single-family homebuilders dropped to a two-year low in June as high inflation and rising mortgage rates reduced affordability for entry-level and first-ti...
Jun 15, 2022
Lego to invest over $1 billion in first U.S. brick plant
By Jacob Gronholt-Pedersen COPENHAGEN (Reuters) - Toymaker Lego said on Wednesday it will invest more than $1 billion in its first factory in the United States, which will be carbon-neutral, to shorte...
Jun 15, 2022
U.S. import prices increase solidly in May
WASHINGTON (Reuters) - U.S. import prices increased solidly in May amid higher prices for petroleum products, but there were tentative signs of some moderation in underlying imported inflation pressur...
Jun 15, 2022
Tesla, Honda among those to report advanced driving systems vehicle crashes-U.S
By David Shepardson WASHINGTON (Reuters) - Tesla Inc reported 273 vehicle crashes involving advanced driving assistance systems like Autopilot since July, while Honda Motor identified 90, data from U....
Jun 15, 2022
