Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive-Brazil's Azul sees $200 million fuel hit this year; restructuring to cushion blow
By Gabriel Araujo SAO PAULO, May 8 (Reuters) - Brazilian airline Azul expects a hit of about 1 billion reais ($204.15 million) from higher jet fuel prices this year, but believes it is better position...
May 08, 2026
Yen bears pull back from two-year high after suspected Japan interventions
SINGAPORE, May 8 (Reuters) - Speculators retreated from their largest bearish bets on the yen in two years, weekly data from a U.S. regulator showed on Friday, as suspected Japanese interventions wort...
May 08, 2026
Geopolitical risks, oil shock cited as top worries in Fed financial stability report
By Pete Schroeder WASHINGTON, May 8 (Reuters) - The ongoing war with Iran and its shock to oil prices and supplies have rocketed to the top of the list of concerns for financial stability, according t...
May 08, 2026
Colombia urges Glencore to discuss Cerrejon coal mine closure with local authorities
By Nelson Bocanegra BOGOTA, May 8 (Reuters) - Colombia's government on Friday said it will ask miner Glencore to meet with authorities in the northern province of La Guajira as well as community repre...
May 08, 2026
US Postal Service reports $2 billion quarterly loss as cash crunch mounts
By David Shepardson WASHINGTON, May 8 (Reuters) - The U.S. Postal Service on Friday reported a net quarterly loss of $2 billion as it faces a growing financial crisis and has warned it could run out o...
May 08, 2026
Nike sued by consumers for not refunding tariff costs
By Jonathan Stempel May 8 (Reuters) - Nike was sued on Friday by consumers who accused the athletic apparel and footwear maker of not refunding tariff-related costs it passed on in the form of higher ...
May 08, 2026
Dunkin' owner Inspire Brands confidentially files for US IPO
May 8 (Reuters) - Inspire Brands, the owner of fast-food chains Dunkin', Arby's and Jimmy John's, said on Friday it had confidentially filed for a U.S. initial public offering, as the consumer IPO mar...
May 08, 2026
US nears $400 million settlement with TikTok on child-privacy violations, ABC News reports
By David Shepardson WASHINGTON, May 8 (Reuters) - U.S. President Donald Trump's administration is nearing a $400 million settlement with TikTok to resolve an ongoing lawsuit over alleged child-privacy...
May 08, 2026
Diamondback bets on wider WTI-Brent gap amid US export ban concerns
By Arathy Somasekhar HOUSTON, May 8 (Reuters) - U.S. producer Diamondback Energy bought options to sell the price difference between U.S. West Texas Intermediate crude and globally traded Brent crude ...
May 08, 2026
Former Wachtell lawyer turned banker linked to insider trading case, sources say
By Nate Raymond and Svea Herbst-Bayliss BOSTON, May 8 (Reuters) - A former attorney at Wachtell, Lipton, Rosen & Katz who went on to join an investment bank is an unindicted co-conspirator in a vast i...
May 08, 2026
