Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Air New Zealand expects annual underlying loss to be less than $479 million
(Reuters) - Air New Zealand Ltd said on Friday it now expects loss before tax and significant items to be less than NZ$750 million ($478.73 million) for fiscal 2022, compared to a prior forecast of le...
Jun 09, 2022
U.S. proposes standards for fast electric vehicle charging projects
By David Shepardson WASHINGTON (Reuters) - The U.S. Transportation Department (USDOT) on Thursday proposed minimum standards and requirements for electric vehicle (EV) charging projects funded under a...
Jun 09, 2022
CIBC expands U.S. energy investment banking team, raises staff pay
By Nichola Saminather TORONTO (Reuters) -Canadian Imperial Bank of Commerce on Thursday said it will expand its U.S. energy investment banking team and announced an increase in wages from July for the...
Jun 09, 2022
Apollo in talks to provide up to $2 billion in financing for Kohl’s sale – source
By Chibuike Oguh (Reuters) - Apollo Global Management Inc is in talks to provide up to $2 billion in debt financing for the potential acquisition of department store chain Kohl's Corp by retail store ...
Jun 09, 2022
Greenlight’s Einhorn sees gold going ‘higher, perhaps much higher’
By Carolina Mandl NEW YORK (Reuters) - Greenlight Capital hedge fund manager David Einhorn said on Thursday that the Federal Reserve is pretending it can tame inflation and that the price of gold is l...
Jun 09, 2022
Mexico annual inflation rate near 21-year high, rate hike seen
By Gabriel Araujo and Jackie Botts MEXICO CITY (Reuters) - Mexican inflation rose faster than expected in May, data from the INEGI national statistics agency showed on Thursday, prompting bets the Ban...
Jun 09, 2022
U.S. SEC opens probe against Ericsson over 2019 Iraq bribery report
STOCKHOLM (Reuters) - Ericsson said on Thursday that the U.S. securities regulator has opened an investigation concerning the matters described in the company's 2019 Iraq investigation report. The Swe...
Jun 09, 2022
Stitch Fix to cut workforce by 15% of salaried roles
(Reuters) - Stitch Fix Inc said on Thursday it is reducing its workforce by around 15% of salaried positions, as the online personalized styling service firm aims to return to profitability. Decades-h...
Jun 09, 2022
CPI preview: Searching for inflation cooling trends
By Stephen Culp NEW YORK (Reuters) - Economic data expected on Friday has market participants anxiously waiting for confirmation that decades-high inflation reached its summit in March and has commenc...
Jun 09, 2022
Federal prosecutors open criminal inquiry of Wells Fargo’s hiring practices – NYT
(Reuters) - Federal prosecutors in New York have opened a criminal investigation into whether Wells Fargo & Co violated federal laws by conducting fake job interviews, the New York Times reported on T...
Jun 09, 2022
