Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. power use to rise in 2022 as economy keeps growing – EIA
(Reuters) - U.S. power consumption was on track to rise to record highs in 2022 and 2023 as the economy grows, the U.S. Energy Information Administration (EIA) said in its Short Term Energy Outlook (S...
Jun 07, 2022
Battered U.S. retailers’ shares draw bottom-pickers in option market
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Some options players are betting that this year's selloff in the shares of retailers may be overdone, at least for the near term. Retailers' stocks took a fre...
Jun 07, 2022
Russia further raises ceiling for cross-border transactions for individuals
(Reuters) - The Russian central bank said on Tuesday Russian residents and non-residents from "friendly" states will be able to channel foreign currency abroad equivalent to up to $150,000 a month, up...
Jun 07, 2022
U.S. FTC launches inquiry into drug middlemen
(Reuters) - The Federal Trade Commission said on Tuesday it will launch an inquiry into the prescription drug middleman industry, sending compulsory orders to six pharmacy benefit managers for records...
Jun 07, 2022
Portuguese airline TAP says turnaround on track despite fuel costs, FX
LISBON (Reuters) - The restructuring at Portuguese airline TAP, designed to bring it back to profit in the next few years, is on track despite soaring fuel costs and the dollar's appreciation against ...
Jun 07, 2022
Tesla challenges powers of California agency behind race bias lawsuit
By Daniel Wiessner (Reuters) -Tesla Inc filed a complaint on Tuesday accusing a California civil rights agency that is suing the electric car maker for race discrimination of rushing to file lawsuits ...
Jun 07, 2022
U.S. senators unveil bill to regulate cryptocurrency
By Pete Schroeder WASHINGTON (Reuters) - A bipartisan pair of U.S. senators unveiled a bill on Tuesday that would establish new rules for cryptocurrency, and hand the bulk of their oversight to the Co...
Jun 07, 2022
Shell lures Texans with green power from new U.S. retail business
LONDON (Reuters) - Shell launched a new green power business for homes across Texas on Tuesday, aiming to lure customers with plans including free charging for electric vehicles during off-peak hours ...
Jun 07, 2022
Twitter tells employees it targets 13 million user growth this quarter
(Reuters) - Twitter leaders told employees on Tuesday that it is targeting 13 million daily active user growth this quarter, according to an internal meeting heard by Reuters. (Reporting by Sheila Dan...
Jun 07, 2022
U.S. Treasury monitoring any moves to circumvent Russian sanctions through use of gold-Yellen
WASHINGTON (Reuters) - The U.S. Treasury Department has made clear that gold-related transactions involving Russia may be sanctioned, and is closely monitoring any efforts to circumvent U.S. sanctions...
Jun 07, 2022
