Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Futures dip ahead of jobless claims, business activity data
By Shreyashi Sanyal (Reuters) - U.S. stock index futures retreated on Thursday as investors braced for another staggering jobless claims report and an expected plunge in business activity data as swee...
Apr 23, 2020
U.S. bank investors put on mute as shareholder meetings go virtual
By Imani Moise (Reuters) - Often rowdy and confrontational, this year's bank shareholder meetings have so far been brief and uneventful as the annual gatherings move online amid U.S. coronavirus lockd...
Apr 23, 2020
Americans too scared to go to work risk losing unemployment aid, experts say
By Andy Sullivan (Reuters) - U.S. workers who refuse to return to their jobs because they are worried about catching the coronavirus should not count on getting unemployment benefits, state officials ...
Apr 23, 2020
Drowning in crude, U.S. drillers say Trump strategic reserve plan is no lifeline
By Devika Krishna Kumar NEW YORK (Reuters) - President Donald Trump's plan to fill the U.S. emergency crude oil stockpile has become the centerpiece of his administration's strategy to shield drillers...
Apr 23, 2020
Locked-down Indian economy in its worst quarter since mid-1990s: Reuters poll
By Indradip Ghosh BENGALURU (Reuters) - The Indian economy is likely to suffer its worst quarter since the mid-1990s, hit by the ongoing lockdown imposed to stem the spread of coronavirus, according t...
Apr 23, 2020
China’s BYD, Toyota’s Hino partner in electric commercial vehicles
BEIJING/TOKYO (Reuters) - Chinese electric vehicle maker BYD said on Thursday it has partnered with Toyota-owned truck maker Hino Motors to develop electric commercial vehicles, as BYD deepens electri...
Apr 23, 2020
Japanese governor pledges support for Toyota suppliers as production dips
NAGOYA (Reuters) - As Toyota prepares to nearly halve production at Japanese factories, a regional governor said on Thursday he would offer 400 billion yen ($3.72 billion) in emergency loans for small...
Apr 23, 2020
Eli Lilly reports 15% rise in quarterly sales
(Reuters) - Eli Lilly and Co reported a 15.1% rise in first-quarter sales on Thursday, boosted by higher sales of its top-selling diabetes drug Trulicity and also benefiting from customers stockpiling...
Apr 23, 2020
Target’s online sales skyrocket as shoppers stock up from their homes
(Reuters) - A surge in digital sales for U.S. retailer Target Corp in March and April offset the bulk of damage done by coronavirus lockdowns to in-store sales, but its margins continue to suffer alon...
Apr 23, 2020
NBCUniversal launches shoppable ads to help retailers hurt by coronavirus
By Sheila Dang (Reuters) - Comcast Corp's NBCUniversal said on Thursday it aims to help retailers that have been forced to shut down amid the pandemic through new ecommerce tools that will let people ...
Apr 23, 2020
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