Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Georgia tests boundaries of life post-pandemic with ‘risky’ reopening
By Howard Schneider and Andy Sullivan WASHINGTON (Reuters) - A handful of mostly southern U.S. states will begin loosening economic restrictions this week in the midst of a still virulent pandemic, pr...
Apr 21, 2020
GM folds Maven car-sharing unit, citing coronavirus
By Paul Lienert and David Shepardson (Reuters) - General Motors Co said on Tuesday it is shutting down its Maven car-sharing unit, after suspending operations because of the novel coronavirus. The aut...
Apr 21, 2020
United Airlines announces stock offering, shares slip
(Reuters) - United Airlines Holdings Inc on Tuesday announced a stock offering of 39.25 million shares, sending its shares down 3% in extended trading. The company intends to use the proceeds from the...
Apr 21, 2020
U.S. Senate passes nearly $500 billion coronavirus bill aiding small business
WASHINGTON (Reuters) - The U.S. Senate on Tuesday unanimously passed legislation providing nearly $500 billion in additional federal aid to help small businesses hurt by the coronavirus pandemic and t...
Apr 21, 2020
Boeing names CFO to manage new group overseeing key operations
WASHINGTON (Reuters) - Boeing said on Tuesday it was naming chief financial officer Greg Smith to oversee a newly formed group that will consolidate several important operational areas. Smith will ove...
Apr 21, 2020
Explainer: How does Texas have the power to curb the state’s oil output?
By Jennifer Hiller HOUSTON (Reuters) - Texas oil and gas regulators in coming days are poised to decide whether to order larger producers in the state to shut in 20% of their output, wading into globa...
Apr 21, 2020
Lawsuit claims 10 big banks rigged market for ‘odd-lot’ U.S. corporate bonds
By Jonathan Stempel NEW YORK (Reuters) - Ten of the world's largest banks, including JPMorgan Chase and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in t...
Apr 21, 2020
LendingClub to lay off about a third of employees due to coronavirus
(Reuters) - Online lender LendingClub Corp said on Tuesday it would lay off 460 employees, including President Steven Allocca, as part of a restructuring plan to slash costs amid the economic fallout ...
Apr 21, 2020
White House mulls liability protection for reopening businesses: Trump adviser
WASHINGTON (Reuters) - The Trump administration is considering the possibility of providing liability protection to small businesses that reopen and put their employees back to work as the nation trie...
Apr 21, 2020
Small business loan program discriminated against women, minorities: lawsuit
By Brendan Pierson (Reuters) - The $349 billion small business loan program passed last month as part of the federal coronavirus relief package discriminated against woman- and minority-owned business...
Apr 21, 2020
Now Playing
101 WIXX | Your Hit Music Station
