Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Sycamore Partners seeks to end Victoria’s Secret deal, L Brands shares plunge
(Reuters) - Investment firm Sycamore Partners is seeking to end its deal to buy a stake in L Brands Inc's lingerie brand Victoria's Secret, citing business decisions the retailer took during the coron...
Apr 22, 2020
Flaw in iPhone, iPads may have allowed hackers to steal data for years
By Christopher Bing and Joseph Menn WASHINGTON/SAN FRANCISCO (Reuters) - Apple Inc is planning to fix a flaw that a security firm said may have left more than half a billion iPhones vulnerable to hack...
Apr 22, 2020
European tourism scrambles to salvage summer as lockdowns ease
By Sergio Goncalves, Lefteris Papadimas and Renee Maltezou LISBON/ATHENS (Reuters) - There are no tourists at Vila Gale's resorts right now, and the home page of the company's website urges visitors t...
Apr 22, 2020
Housing regulator offers further support for mortgage-finance companies
(Reuters) - The U.S. housing regulator on Wednesday announced its second step in as many days to help ease the liquidity strain in the mortgage market. The Federal Housing Finance Agency (FHFA) said m...
Apr 22, 2020
Daimler resumes engine production at Mercedes in Germany
STUTTGART (Reuters) - Mercedes-Benz is ramping up engine production at its plant in Bad Cannstatt, Stuttgart, this week after Germany eased lockdown measures in a sign Europe's largest economy is gett...
Apr 22, 2020
Swiss federal budget could plunge to deficit due to coronavirus impact
ZURICH (Reuters) - Switzerland's federal government budget could swing to a deficit of 40 billion Swiss francs ($41.19 billion) or more this year due to mounting unemployment caused by the coronavirus...
Apr 22, 2020
U.S. probe into aluminum sheet imports from 18 countries moves forward
WASHINGTON (Reuters) - The U.S. International Trade Commission said on Wednesday it had made a preliminary determination that U.S. producers are harmed by imports of common alloy aluminum sheet from 1...
Apr 22, 2020
Standard Life Aberdeen would back pay policy extensions: letter
LONDON (Reuters) - British fund manager Aberdeen Standard Investments said it is prepared to support companies seeking to roll over their existing executive pay plans for a further year, given the tur...
Apr 22, 2020
Coronavirus to spur largest single loss in insurance history: Chubb CEO
By Suzanne Barlyn (Reuters) - The coronavirus pandemic will likely spur the largest single loss in insurance industry history, said Evan Greenberg, chief executive officer of Chubb Ltd, during a call ...
Apr 22, 2020
Coronavirus credit crunch was unlikely to self-correct: NY Fed official
(Reuters) - The coronavirus pandemic led to the most extreme levels of financial market volatility since the 2008 crisis and credit markets were likely to freeze up without central bank intervention, ...
Apr 22, 2020
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