Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
AIG quarterly profit nosedives as COVID-19 claims loom
(Reuters) - Insurer American International Group Inc on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money to cover claims related to the COVID-19 outbreak, which it called t...
May 04, 2020
Air France-KLM union tensions surface in bailout’s wake
By Laurence Frost and Toby Sterling PARIS/AMSTERDAM (Reuters) - Air France-KLM's French unions on Monday criticised calls by their Dutch counterparts for KLM to be given greater autonomy, amid signs t...
May 04, 2020
U.S. SEC eases crowdfunding rules for firms due to coronavirus disruption
By Katanga Johnson WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Monday said it would provide relief to smaller firms seeking to raise capital via online platforms to mee...
May 04, 2020
U.S. mortgage firms push for support as borrowers halt payments
By Matt Scuffham NEW YORK (Reuters) - U.S. mortgage firms facing billions of dollars of missed home loan repayments are continuing to push for emergency government support as data published Monday sho...
May 04, 2020
Mexican inflation likely to fall in April to lowest level since 2015: Reuters poll
MEXICO CITY (Reuters) - Mexico's inflation rate through April likely fell to its lowest level in more than four years, according to a Reuters poll on Monday, which would provide the central bank with ...
May 04, 2020
NBCUniversal shuffles management, News Group’s Andy Lack to step down
(Reuters) - Comcast Corp's NBCUniversal announced a management shuffle on Monday, consolidating the entertainment and sports division under Mark Lazarus, chairman of TV and streaming. As part of the m...
May 04, 2020
New York attorney general asks major banks to clarify handling of small business loans
NEW YORK (Reuters) - New York's Attorney General said on Monday she has asked 11 major U.S. banks to clarify how they had issued loans tied to the U.S government's $660 billion program to rescue small...
May 04, 2020
Argentina in standoff with bondholders as $65 billion debt deadline nears
By Marc Jones, Karin Strohecker and Adam Jourdan LONDON/BUENOS AIRES (Reuters) - Argentina's government and its biggest bondholders are at loggerheads over plans to restructure $65 billion in foreign ...
May 04, 2020
Guedes drafts plans to attract private investment to post-crisis Brazil
By Marcela Ayres BRASILIA (Reuters) - Brazil's Economy Ministry has drawn up plans for a low-risk pipeline of infrastructure projects to attract private-sector investment as its blueprint to help kick...
May 04, 2020
News Corp appoints Almar Latour as CEO of Dow Jones
(Reuters) - News Corp said on Monday it had appointed Almar Latour as Chief Executive Officer of Dow Jones. Latour takes over the helm following the departure of William Lewis effective May 15, the Wa...
May 04, 2020
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