Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Occidental's Hollub, a rare female chief in US oil, to step down
May 1 (Reuters) - Occidental Petroleum said on Friday CEO Vicki Hollub, one of the most prominent women in the male-dominated oil industry, would retire next month, handing the reins to insider Richar...
May 01, 2026
Lazard's profit surges on asset management inflows amid market volatility
May 1 (Reuters) - Investment bank Lazard reported a 67% jump in first-quarter profit on Friday, as resilient client demand boosted its asset management business during a period of heightened market vo...
May 01, 2026
While Asia and Europe scramble for natural gas, the US glut has nowhere to go
By Scott DiSavino and Curtis Williams May 1 (Reuters) - The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf. In West Texas, gas is so abundant that ...
May 01, 2026
Fed's Hammack says no longer appropriate to signal rate cut bias
By Michael S. Derby May 1 (Reuters) - Federal Reserve Bank of Cleveland President Beth Hammack said Friday she dissented against the central bank holding on to an easing bias this week due to uncertai...
May 01, 2026
Fed should ditch rate-cut lean because of oil shock, policymakers say
By Howard Schneider and Michael S. Derby WASHINGTON, May 1 (Reuters) - Federal Reserve officials who dissented against this week's policy statement said on Friday the developing oil price shock from t...
May 01, 2026
UK factories, hit by Iran war, brace for higher costs and more delivery delays
By Suban Abdulla LONDON, May 1 (Reuters) - A gauge of British manufacturers' cost pressures jumped in April and delivery delays were the most widespread since mid-2022 due to the standoff in the Strai...
May 01, 2026
Colgate-Palmolive warns of $300 million cost hit from Middle East conflict
May 1 (Reuters) - Colgate-Palmolive on Friday said it expects about $300 million in additional raw material and logistics expenses for the year, joining a host of global companies flagging significant...
May 01, 2026
Pentagon reaches agreements with top AI companies, but not Anthropic
By Mike Stone and Chris Sanders WASHINGTON, May 1 (Reuters) - The Pentagon said on Friday it had reached agreements with seven AI companies to deploy their advanced capabilities on the Defense Departm...
May 01, 2026
Cboe to slash workforce by 20% as it doubles down on core business
May 1 (Reuters) - Cboe Global Markets' CEO Craig Donohue on Friday outlined plans to sharpen the exchange operator's focus on key businesses, including a 20% reduction in its global workforce. The com...
May 01, 2026
BYD's sales downturn extends to eighth straight month
SHANGHAI, May 1 (Reuters) - Chinese EV giant BYD's vehicle sales fell for an eighth straight month in April, down 15.5% from a year earlier and extending its longest-ever downturn as it struggles with...
May 01, 2026
