Category Archives: (Sandbox Syndication Account) Business News (Master Feed)
Internet group urges FCC to reject Trump bid to impose new social media regulations
WASHINGTON (Reuters) - A group representing major internet companies including Facebook Inc, Amazon.com Inc and Alphabet Inc's Google, on Wednesday urged the Federal Communications Commission (FCC) to...
Sep 02, 2020
Airbnb spurns approach from Ackman’s blank-check company
By Joshua Franklin, Svea Herbst-Bayliss and Anirban Sen (Reuters) - Billionaire investor William Ackman has approached short-term home rental company Airbnb Inc about going public through a reverse me...
Sep 02, 2020
U.S. CBO sees FY20 federal budget deficit of $3.3 trillion amid coronavirus spending
WASHINGTON (Reuters) - The non-partisan U.S. Congressional Budget Office on Wednesday said the federal budget deficit for fiscal 2020 will hit $3.3 trillion, 16 percent of gross domestic product, down...
Sep 02, 2020
Calculating the ‘greenium’? Germany may have an answer
By Yoruk Bahceli AMSTERDAM (Reuters) - Germany's debut green bond may finally provide an answer to the question that's been at the heart of the sustainable investing spree -- how much of a premium mus...
Sep 02, 2020
U.S. businesses see modest increase in activity, Fed survey shows
(Reuters) - U.S. businesses saw a modest increase in activity and employment generally increased through late August, a Federal Reserve report showed on Wednesday, but economic growth remained sluggis...
Sep 02, 2020
Tesla tumbles 15% as blistering rally cools
(Reuters) - Tesla Inc shares fell as much as 15% on Wednesday, extending previous session's losses after the electric-car maker announced a $5 billion stock offering that was aimed at cashing in on Wa...
Sep 02, 2020
Fed’s Mester says central bank won’t let inflation run rampant
NEW YORK (Reuters) - The Federal Reserve will need to keep monetary policy accommodative for a while to support the struggling economy, but policymakers will not let inflation get out of hand, Clevela...
Sep 02, 2020
GM CEO Barra, Ivanka Trump talk jobs in a 2020 battleground
By Joseph White WARREN, Mich. (Reuters) - General Motors Co Chief Executive Mary Barra hosted Ivanka Trump, daughter and adviser to U.S. President Donald Trump, for a tour on Wednesday of a GM worker ...
Sep 02, 2020
Bank of England’s Bailey slams EU barrier to investment banking services after Brexit
LONDON (Reuters) - An EU refusal to grant cross-border access to investment banking services from the CIty of London shows how the bloc wants to force Britain to keep adopting its rules in future, Ban...
Sep 02, 2020
U.S. passenger railroad Amtrak to furlough 2,000 workers
WASHINGTON (Reuters) - U.S. passenger railroad Amtrak will furlough more than 2,000 workers as a result of the steep decline in travel demand from the coronavirus pandemic. House Transportation Commit...
Sep 02, 2020
