Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed Chair Powell to testify at Senate June 22, Barr vote set for June 8
(Reuters) - Federal Reserve Chair Jerome Powell will give his twice-yearly report on monetary policy to the U.S. Senate on June 22, just a week after the central bank is expected to deliver another ha...
Jun 03, 2022
Speculators’ net long bets on U.S. dollar cut – CFTC, Reuters
NEW YORK (Reuters) - Speculators' net long bets on the U.S. dollar fell to a 5-week low, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The...
Jun 03, 2022
Rogers responds to Canada competition bureau’s opposition of Shaw takeover
(Reuters) - Rogers Communications Inc on Friday responded to the Canada competition bureau's attempts to block its C$20 billion ($15.89 billion) deal to buy Shaw Communications Inc, arguing the merger...
Jun 03, 2022
Southwest Airlines reaches tentative agreement with technicians’ union
(Reuters) - Southwest Airlines Co said on Friday it reached a tentative agreement with Aircraft Mechanics Fraternal Association (AMFA) for the carrier's Aircraft Appearance Technicians. The agreement,...
Jun 03, 2022
Shipping giant CMA CGM sees uncertain outlook as earnings surge again
PARIS (Reuters) - CMA CGM said on Friday that geopolitical and economic risks were clouding its outlook despite another surge in profits due to a saturated shipping market. French-based CMA CGM, one o...
Jun 03, 2022
U.S. stock market rebound faces key inflation test
By Lewis Krauskopf NEW YORK (Reuters) - A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the ...
Jun 03, 2022
Rivian R1T electric truck ‘way underpriced,’ but room to improve – expert
By Paul Lienert (Reuters) - The Rivian R1T, one of the first electric pickup trucks on the market, is "way underpriced," according to a manufacturing expert known for his sometimes blunt assessments o...
Jun 03, 2022
Stellantis unit pleads guilty in U.S. diesel emissions probe
(Reuters) - The U.S. business of Fiat Chrysler Automobiles pleaded guilty to criminal conspiracy on Friday in U.S. District Court in Detroit in a plea agreement to resolve a multi-year Justice Departm...
Jun 03, 2022
Billionaire’s sports and music memorabilia collection on display in New York
By Alicia Powell NEW YORK (Reuters) - Billionaire Jim Irsay's private collection of American history artifacts is on display to the public for free for just one day in New York on Friday. "I want no m...
Jun 03, 2022
Analysis – Musk’s warning could be auto industry’s ‘canary in the coal mine’ moment
By Ben Klayman and Joseph White (Reuters) - Tesla CEO Elon Musk's "super bad feeling" about the economy could be the auto industry's "canary in the coal mine" moment, signaling a recession for an indu...
Jun 03, 2022
