Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Lego stores in Russia shut down after supplies dry up
COPENHAGEN (Reuters) - Toymaker Lego's Russian reseller said on Friday it was temporarily "freezing" some of its stores in Russia after sanctions imposed on Moscow over its invasion of Ukraine hit its...
Jun 03, 2022
Switzerland revises liquidity rules for systemically important banks
BERLIN (Reuters) - The Swiss government on Friday adopted amendments to its liquidity ordinance to ensure systemically important banks can better weather events such as the COVID-19 pandemic in future...
Jun 03, 2022
Instant View: US May payrolls rise up than expected
NEW YORK (Reuters) - U.S. employment increased more than expected in May, while the unemployment rate held steady at 3.6%, signs of a tight labor market that could keep the Federal Reserve's foot on t...
Jun 03, 2022
Factbox-EU’s 6th sanctions package against Russia, including oil
By Jan Strupczewski BRUSSELS (Reuters) - EU countries have reached agreement on their sixth package of sanctions against Russia over its invasion of Ukraine, including a complete import ban on all Rus...
Jun 03, 2022
Twitter says waiting period for Musk’s deal has expired
(Reuters) - Twitter Inc said on Friday the waiting period under the HSR Act for Elon Musk's $44-billion acquisition of the social media firm has expired. Completion of the deal is now subject to remai...
Jun 03, 2022
Factbox-From Tesla to Peloton, companies slow hiring as economy sputters
(Reuters) - Elon Musk spooked investors on Friday with a warning on the economy and plans to cut Tesla's workforce, joining a growing list of U.S. companies that have dialed back hiring amid decades-h...
Jun 03, 2022
Airbus group delivered approximately 47 airplanes in may – sources
PARIS (Reuters) - Airbus delivered approximately 47 aircraft in May, down 6% from the same month last year, according to industry sources and tracking data. The European planemaker declined comment. J...
Jun 03, 2022
Environmental group urges Biden to wean nation’s biofuel program off liquid fuels
By Jarrett Renshaw (Reuters) - The Biden administration should rely less on liquid fuels like ethanol and focus more on cleaner technology like electric vehicles (EVs) and advanced biofuels when it re...
Jun 03, 2022
Spirit shareholders should approve Frontier deal, Glass Lewis says
By Svea Herbst-Bayliss BOSTON (Reuters) -Shareholder advisory firm Glass Lewis on Friday recommended Spirit Airlines investors approve Frontier Group Holdings Inc's $2.9 billion takeover bid, saying i...
Jun 03, 2022
U.S. NHTSA asks Tesla to respond by June 20 in brake activation probe
WASHINGTON (Reuters) - The National Highway Traffic Safety Administration (NHTSA) said Friday it asked Tesla Inc to respond to questions by June 20 after it received 758 reports of unexpected brake ac...
Jun 03, 2022
