Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
IMF chief lauds Japan’s spending to combat pandemic, urges others to step up
WASHINGTON (Reuters) - IMF chief Kristalina Georgieva on Thursday lauded Japan's plans to spend about 20% of its gross domestic product to respond to the economic challenges of the coronavirus pandemi...
Apr 30, 2020
North American integration to help Mexican economy recover: official
MEXICO CITY (Reuters) - Mexico's economic recovery from the impact of the coronavirus outbreak will benefit from the country's supply chain integration with the United States and Canada, Mexican Deput...
Apr 30, 2020
U.S. Navy awards $5.5 billion 10-ship frigate contract to Italy’s Fincantieri
By Mike Stone WASHINGTON (Reuters) - The U.S. Navy said on Thursday it awarded a contract worth more than $5.5 billion to Italy's Fincantieri to build the Navy's newest class of warships, known as fri...
Apr 30, 2020
Fed broadens access to ‘PPP’ facility beyond banks
(Reuters) - The Federal Reserve expanded access to a small business lending program beyond banks on Thursday, allowing a broader set of institutions to participate. All lenders approved by the Small B...
Apr 30, 2020
U.S. labor secretary defends workplace safety record during pandemic
By Daniel Wiessner and Tom Hals (Reuters) - U.S. Labor Secretary Eugene Scalia on Thursday defended his department's handling of workplace safety during the coronavirus pandemic, saying "the cop is on...
Apr 30, 2020
Bond investors batter bloodied Pemex with no relief in sight
By Stefanie Eschenbacher and Rodrigo Campos MEXICO CITY/NEW YORK (Reuters) - Since Petroleos Mexicanos lost its coveted investment grade rating earlier this month, bond investors have punished the Mex...
Apr 30, 2020
Lockheed Martin wins $6bn Patriot interceptor contract, Pentagon
WASHINGTON (Reuters) - Lockheed Martin Co was awarded a $6.07 billion contract from the U.S. Army for the production of Patriot Advanced Capability-3 (PAC-3) Missile Segment Enhancement (MSE) intercep...
Apr 30, 2020
Nationwide shifts 16% of workforce to remote status
NEW YORK (Reuters) - Nationwide Mutual Insurance Co has decided to shift about 4,200 employees to a work-from-home status to reduce costs and increase competitive prices, a move brought about by the a...
Apr 30, 2020
IMF approves $411 million in coronavirus aid for Ethiopia
WASHINGTON (Reuters) - The International Monetary Fund said it approved $411 million in emergency assistance for Ethiopia under its Rapid Financing Instrument program to help the east African country ...
Apr 30, 2020
Amgen studying Otezla for coronavirus, first-quarter results beat Street estimates
By Deena Beasley (Reuters) - Amgen Inc on Thursday reported better-than-expected first-quarter results on Thursday and said it plans to study psoriasis drug Otezla as a potential treatment for COVID-1...
Apr 30, 2020
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