Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Mexico coronavirus cases top 10,000 as sickly economy contracts
MEXICO CITY (Reuters) - Mexico reported on Wednesday it now has over 10,000 cases of coronavirus, the fifth-highest tally in Latin America, as containment measures and rock-bottom crude prices wreak e...
Apr 22, 2020
Delta to raise $3 billion in debt to combat virus fallout
(Reuters) - Delta Air Lines Inc on Wednesday said it intended to raise $3 billion in debt by offering senior secured notes and entering into a new credit facility, in a bid to combat the slowdown in a...
Apr 22, 2020
Asia stocks set to rise after Wall Street gains on oil rebound
By Katanga Johnson WASHINGTON (Reuters) - Asian equity markets were poised to edge higher on Thursday after rebounding crude prices and the promise of more U.S. government aid to ease the economic pai...
Apr 22, 2020
Marathon Petroleum warns of loss, up to $7.8 billion hit on oil rout
By Gary McWilliams HOUSTON (Reuters) - Marathon Petroleum Corp , the largest U.S. oil refiner, warned on Wednesday of a first-quarter loss on a roughly $7.8 billion write-down from a sharp fall in fue...
Apr 22, 2020
Germany agrees more measures to shield workers, companies from coronavirus impact
BERLIN (Reuters) - Germany's coalition parties agreed further measures to shield workers and companies from the impact of the coronavirus pandemic, a document showed on Thursday. The aid package inclu...
Apr 22, 2020
UK companies put pay awards on hold as COVID-19 hits: XpertHR
LONDON (Reuters) - Half of large British employers are thinking of freezing pay or delaying annual increases for staff as the coronavirus shutdown hammers the economy, a survey published on Thursday s...
Apr 22, 2020
Daimler preliminary quarterly profit falls 78% on virus impact
(Reuters) - German luxury carmaker Daimler AG on Wednesday reported preliminary first-quarter earnings before interest and tax that slumped 78% to 617 million euros, following disruptions caused by th...
Apr 22, 2020
U.S. companies paying down maxed out credit lines with bond issues: BoA note
By Joshua Franklin NEW YORK (Reuters) - An increasing number of U.S. companies are selling bonds to repay lines of credit they drew down at the height of the coronavirus-induced market turmoil, an ind...
Apr 22, 2020
Boeing 737 program chief to oversee commercial programs
WASHINGTON (Reuters) - The head of Boeing's 737 program has been tapped to oversee the planemaker's commercial programs as the company works to win approval to return the 737 MAX to service, which has...
Apr 22, 2020
Boeing is sued for $336 million over canceled 737 MAX order
By Jonathan Stempel (Reuters) - Boeing Co was sued for $336 million on Wednesday by a Kuwaiti leasing company that accused it of wrongly refusing to return advance payments on a now-canceled order for...
Apr 22, 2020
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