Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Verizon will not cancel customers through June 30 because of coronavirus
WASHINGTON (Reuters) - Verizon Communications Inc , the largest U.S. wireless carrier, said Monday it will extend a commitment through June 30 not to cancel service or charge late fees to customers be...
Apr 27, 2020
Britain to pay $75,000 to families of health workers who die of COVID-19
LONDON (Reuters) - Families of British health and care workers who die on the frontline of the COVID-19 pandemic will be paid 60,000 pounds ($74,472) as part of a new life assurance scheme, Health Sec...
Apr 27, 2020
‘Likely default’: creditors knock back Argentine province’s debt revamp offer
BUENOS AIRES (Reuters) - Bondholders on Monday rejected a debt restructuring proposal by Argentina's Buenos Aires province and said the offer would likely lead to a default, adding tension to a larger...
Apr 27, 2020
Exclusive: Traders book Jones Act tankers for storage, foreign trips as U.S. fuel glut swells – sources
By Jonathan Saul and Devika Krishna Kumar (Reuters) - Oil traders are hiring expensive U.S. vessels, normally only used for domestic shipments, to store gasoline or ship fuel overseas, five shipping s...
Apr 27, 2020
Austrian court ends fraud probe of 2003 Eurofighter deal, bribery case continues
VIENNA (Reuters) - A Vienna court has stopped an Austrian investigation into alleged fraud by Airbus and Eurofighter Jagdflugzeug GmbH in connection with a $2 billion Eurofighter jet purchase in 2003,...
Apr 27, 2020
Extra $2 billion available for U.S. coronavirus relief loans: SBA
WASHINGTON (Reuters) - The United States will be able to lend an additional $2 billion to small businesses through its Paycheck Protection Program, after a number of borrowers in the first round of fu...
Apr 27, 2020
World Bank pandemic bonds will funnel $196 million to 64 poor countries
LONDON (Reuters) - A World Bank pandemic funding programme will see $195.84 million distributed as soon as next week among 64 of the world's poorest countries that have reported cases of COVID-19 to h...
Apr 27, 2020
No ‘V-shaped’ recovery for U.S. economy likely without more stimulus: White House adviser
WASHINGTON (Reuters) - The U.S. economy needs another, fourth stimulus bill that could push it to take off again in what is commonly called a "V-shaped recovery," one of the top White House advisers c...
Apr 27, 2020
Tesla drops plan to recall some workers to California plant this week: Bloomberg News
(Reuters) - Tesla Inc has called off having at least some employees return to its Fremont, California plant this week and plans to bring them back the day after a local shelter-in-place order is sched...
Apr 27, 2020
DoubleLine’s Gundlach says U.S. stocks to take out recent lows: CNBC interview
NEW YORK (Reuters) - The U.S. stock market has recovered because of the Federal Reserve's actions but a retest of the recent lows is possible, Jeffrey Gundlach, chief executive of DoubleLine Capital s...
Apr 27, 2020
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