Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Amazon investor proposal to review plastic use narrowly fails to clear
(Reuters) - Amazon.com Inc's investor-led proposal to review its use of plastic won 49% support even as shareholders voted down all the 15 resolutions at the e-commerce giant's annual general meeting,...
May 27, 2022
Robinhood agrees to settle customer lawsuit over 2020 outages
By Jody Godoy (Reuters) - Robinhood Markets Inc has agreed in principle to settle a proposed class action filed by customers in the United States who claimed the investment app's outages in March 2020...
May 27, 2022
S&P cuts Ukraine’s ratings on bigger fallout from Russia invasion
(Reuters) - Global ratings agency S&P on Friday cut Ukraine's sovereign rating to 'CCC+/C' from 'B-/B', citing a larger fallout from Russia's military attack on the country. (Reporting by Bhanvi Satij...
May 27, 2022
Fed carrying $330 billion in unrealized losses on its assets according to Q1 financial statement
WASHINGTON (Reuters) - The U.S. Federal Reserve is carrying $330 billion in unrealized losses on its holdings of U.S. Treasury and mortgage-backed securities as of the end of March, according to newly...
May 27, 2022
JBS U.S. units to adopt pandemic response plans after COVID outbreaks
By Daniel Wiessner (Reuters) - Subsidiaries of meat processor JBS USA LLC have agreed to implement infectious disease preparedness plans at seven U.S. plants, in the wake of a U.S. congressional repor...
May 27, 2022
U.S. extends tariff exclusions on Chinese COVID-19 medical products
WASHINGTON (Reuters) - The U.S. Trade Representative's office on Friday said it extended tariff exclusions on Chinese-made medical products needed to address the COVID-19 pandemic for another six mont...
May 27, 2022
Speculators cut net long U.S. dollar bets
(Reuters) - Speculators cut their net long U.S. dollar positions in the latest week, according to calculations by Reuters and U.S. Commodity Futures Trading Commission data released on Friday. The val...
May 27, 2022
SEC settles with Florida firm over $410 million IPO-linked fraud
NEW YORK (Reuters) - The U.S. Securities and Exchange Commission has reached a settlement with a Florida firm it said raised at least $410 million by fraudulently promising investors access to private...
May 27, 2022
Russia working on new mechanism to service foreign debt – finance minister
(Reuters) - Russia will prepare a settlement mechanism before June payouts that will allow it to service its dollar-denominated foreign debt, Finance Minister Anton Siluanov said in a TV interview air...
May 27, 2022
Wall Street Weekahead: Hopes that Fed is ‘past peak hawkishness’ buoy stocks
By David Randall NEW YORK (Reuters) - Bad news may once again be good news on Wall Street, as signs of slowing U.S. growth fan hopes that the Federal Reserve may not need to tighten policy as much as ...
May 27, 2022
