Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Costco, P&G, J&J among few to hike dividend during coronavirus crisis
(Reuters) - Warehouse operator Costco Wholesale Corp on Wednesday raised its quarterly dividend by about 8%, joining a small but growing list of companies to do so at a time when most of corporate Ame...
Apr 15, 2020
Mylan’s Robert Coury back as executive chairman
(Reuters) - Mylan NV on Wednesday named Chairman Robert Coury to the role of executive chairman to help steer the drugmaker through the coronavirus pandemic and its delayed merger with Pfizer Inc's of...
Apr 15, 2020
Amazon’s EU head of operations steps down amid virus crisis
(Reuters) - Amazon.com Inc's vice president of the European Union segment, Roy Perticucci, has stepped down, the company confirmed on Wednesday. Perticucci joined Amazon in 2013, according to his prof...
Apr 15, 2020
Fitch cuts Mexico’s rating amid fears of ‘severe recession’
(Reuters) - Fitch Ratings on Wednesday downgraded Mexico's sovereign rating to BBB- from BBB amid fears that the economic shock caused by the novel coronavirus will cause a "severe recession" in Latin...
Apr 15, 2020
Airbus puts off planned ramp-up of A220 jet
MONTREAL (Reuters) - Airbus SE is delaying its planned Canadian production ramp-up of its A220 jet by a year, a company spokeswoman said on Wednesday, as the coronavirus outbreak weighs on broader air...
Apr 15, 2020
Smithfield Foods shuts U.S. bacon, ham plants as coronavirus hits meat sector
By Tom Polansek CHICAGO (Reuters) - Smithfield Foods Inc, the world's largest pork processor, said on Wednesday it would shutter two U.S. plants that process bacon and ham, after closing a separate ho...
Apr 15, 2020
Trump will announce guidelines on reopening the economy Thursday
WASHINGTON (Reuters) - U.S. President Donald Trump said on Wednesday that data suggested the county had passed the peak on new infections with coronavirus, and said he would announce "new guidelines" ...
Apr 15, 2020
Baxter to hire 2,000 employees as demand for medical products surge
(Reuters) - Baxter International Inc said on Wednesday it would hire up to 2,000 employees globally, including 800 people in the United States, in response to higher demand for its medical devices due...
Apr 15, 2020
Google to slow hiring for rest of 2020, CEO tells staff: Bloomberg
(Reuters) - Google Chief Executive Officer Sundar Pichai told his staff on Wednesday that parent Alphabet Inc will slow hiring for the rest of the year, Bloomberg reported, citing an internal email. G...
Apr 15, 2020
Wells Fargo, BofA and JPMorgan grant overdraft relief as stimulus checks roll in
By Imani Moise and Elizabeth Dilts Marshall (Reuters) - The top U.S. retail banks said on Wednesday they would provide relief to customers who had overdrawn checking accounts, so that they could reap ...
Apr 15, 2020
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