Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
British insurers to pay 1.2 billion pounds in coronavirus claims: trade body
LONDON (Reuters) - British insurers are likely to pay more than 1.2 billion pounds ($1.5 billion) on claims from businesses and individuals affected by the coronavirus pandemic, an insurance trade bod...
Apr 24, 2020
AutoNation returning $77 million in U.S. payroll assistance coronavirus relief loans
By David Shepardson WASHINGTON (Reuters) - AutoNation Inc , the largest U.S. auto dealership chain, said on Friday it will return $77 million it received in forgivable loans from the U.S. Paycheck Pro...
Apr 24, 2020
S&P affirms UK credit rating, cites government’s coronavirus response
By Andy Bruce LONDON (Reuters) - Ratings agency Standard & Poor's left Britain's credit rating unchanged on Friday, citing a swift response from authorities in limiting the economic impact of the coro...
Apr 24, 2020
Unions denounce Las Vegas mayor’s call to re-open casinos
By Sharon Bernstein (Reuters) - The powerful United Auto Workers union on Friday criticized Las Vegas Mayor Carolyn Goodman's call to re-open casinos despite the continued risk of coronavirus, the lat...
Apr 24, 2020
IMF approves $309 million in emergency financing to Mozambique to address coronavirus hit
JOHANNESBURG (Reuters) - The International Monetary Fund (IMF) said on Friday it has approved a disbursement of $309 million to help Mozambique meet urgent balance of payment and fiscal needs stemming...
Apr 24, 2020
Icahn sees opportunities but warns of more ‘downdrafts’ ahead: Bloomberg
By Svea Herbst-Bayliss BOSTON (Reuters) - Billionaire investor Carl Icahn said he expects to see "good opportunities" to buy after the historic stock market sell-off but warned there will likely be mo...
Apr 24, 2020
U.S. SEC names former Goldman Sachs executive as adviser to coronavirus taskforce
By Katanga Johnson WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Friday said it has welcomed a former Goldman Sachs executive to the agency as senior adviser to its recen...
Apr 24, 2020
Wave Life Sciences to return $7.2 million PPP loan
NEW YORK (Reuters) - Wave Life Sciences said on Friday it will return a $7.2 million loan granted under the Payroll Protection Program (PPP), the latest company to do so following new guidance from th...
Apr 24, 2020
U.S. federal government to accept new small business relief loans Monday morning
WASHINGTON (Reuters) - The U.S. Small Business Administration (SBA) said on Friday it would resume processing applications for small business relief under the Paycheck Protection Program on Monday at ...
Apr 24, 2020
DuPont doubles output of protective gowns to 30 million per month
By Taru Jain and Arathy S Nair (Reuters) - Industrial materials maker DuPont is doubling production of protective garments it makes from its Tyvek material to about 30 million a month to help meet inc...
Apr 24, 2020
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