Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
WTO report says 80 countries limiting exports of face masks, other goods
By Andrea Shalal WASHINGTON (Reuters) - Eighty countries and customs territories have banned or limited the export of face masks, protective gear, gloves and other goods to mitigate shortages since th...
Apr 23, 2020
U.S. lawmakers urge Fed to keep energy industry out of lending program
By Michelle Price WASHINGTON (Reuters) - Two Democratic U.S. lawmakers on Thursday urged the Federal Reserve to reject a request by the energy industry to be allowed to use funding from a $600 billion...
Apr 23, 2020
Intel forecasts second-quarter profit below estimates
(Reuters) - Intel Corp forecast current-quarter profit below analysts' estimates on Thursday, sending its shares down 4% in extended trading. The company said it would not update its full-year forecas...
Apr 23, 2020
S&P cuts Commerzbank rating, revises outlook for Deutsche Bank to negative
FRANKFURT (Reuters) - The credit agency S&P said on Thursday that it had cut Commerzbank's credit rating by a notch and lowered its outlook for Deutsche Bank to negative from stable, as prospects for ...
Apr 23, 2020
Tyson to shutter beef facility as workers undergo coronavirus testing
(Reuters) - A Tyson Foods Inc unit said on Thursday it will temporarily halt production at a beef facility in Pasco, Washington, adding to the meat processing plant the company has had to shutter as i...
Apr 23, 2020
U.S. pre-paid card providers angle for slice of stimulus check action: industry groups
By Katanga Johnson WASHINGTON (Reuters) - Industry groups for U.S. providers of pre-paid cards and mobile wallets are in talks with the U.S. Treasury Department about allowing stimulus payments design...
Apr 23, 2020
German finance minister eyes greater fiscal union for future EU packages
BERLIN (Reuters) - Big European Union solidarity packages will only be possible in future if member states are prepared to move in the direction of a fiscal union, German Finance Minister Olaf Scholz ...
Apr 23, 2020
Toyota to gradually resume North America production starting May 4
(Reuters) - Toyota Motor Corp said on Thursday it expects to gradually resume North American production starting May 4 and will impose significant new safety procedures after it halted operations in M...
Apr 23, 2020
U.S. consumer groups say some auto insurer lockdown rebates are too small
By Suzanne Barlyn (Reuters) - Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett's Geico Corp, are short-changing customers on premi...
Apr 23, 2020
Hedge fund Elliott’s equity partner Kasoff retires: letter
By Svea Herbst-Bayliss BOSTON (Reuters) - Elliott Management Co said Steve Kasoff, one of the firm's equity partners and its head of real estate and structured products, has retired from the $40 billi...
Apr 23, 2020
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