Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Coast to coast, Fed survey shows sharp, abrupt toll of coronavirus
WASHINGTON (Reuters) - U.S. companies have been battered by the fallout from the novel coronavirus outbreak as economic activity "contracted sharply and abruptly across all regions," a report by the F...
Apr 15, 2020
Exclusive: Major U.S. airlines plan to apply for government loans in addition to grants
(Reuters) - Numerous major U.S. airlines are preparing to apply this week for a $25 billion U.S. government loan program after winning billions in federal payroll grants, people familiar with the matt...
Apr 15, 2020
Volkswagen to resume production in Germany starting April 20
FRANKFURT (Reuters) - Volkswagen on Wednesday said factories producing cars for its core brand in Zwickau, Germany and Bratislava, Slovakia will resume production starting on April 20, with other loca...
Apr 15, 2020
With confidence shattered, the road to a ‘normal’ U.S. economy looks long
By Howard Schneider WASHINGTON (Reuters) - U.S. air travel was shut down for three days after the Sept. 11, 2001, attacks. It took three years for the industry to recover despite toughened passenger s...
Apr 15, 2020
Harley-Davidson says majority of its global production employees on temporary layoff
(Reuters) - Harley-Davidson Inc said on Wednesday the majority of its global production employees were currently on a temporary layoff due to the coronavirus pandemic. The company also said its chief ...
Apr 15, 2020
Oaktree Capital looks to raise $15 billion for distressed debt fund: sources
(Reuters) - U.S. distressed asset manager Oaktree Capital Management [OAKCP.UL] is looking to raise $15 billion for a distressed fund, two people familiar with the matter said on Wednesday. The new fu...
Apr 15, 2020
Coronavirus unmasks Amazon’s stumbles at Whole Foods
By Lisa Baertlein and Siddharth Cavale (Reuters) - Amazon's moves to reduce strain on its grocery businesses by putting new online shoppers on wait lists and switching more Whole Foods resources to fi...
Apr 15, 2020
Honda extends Mexican plant shutdown, furloughs more U.S. workers
WASHINGTON (Reuters) - Japanese automaker Honda Motor Co said Wednesday it will extend a shutdown of its Mexican plants through April 30 and plans to furlough most U.S. salaried workers for two weeks ...
Apr 15, 2020
Tesla shares extend rally after China registration surge and nod from Goldman
By Noel Randewich (Reuters) - Tesla's stock extended its recent rally on Wednesday following a surge in China car registrations and after Goldman Sachs initiated coverage of the electric car maker wit...
Apr 15, 2020
Russia’s major banks, foreigners help government raise funds amid coronavirus
By Andrey Ostroukh and Elena Fabrichnaya MOSCOW (Reuters) - Russia enjoyed strong demand for its government bonds on Wednesday as central bank data showed that major Russian banks and foreign investor...
Apr 15, 2020
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Meet Jerry Michaels, the dynamic host of The Breakfast Show on WIXX. He brings his signature energy and wit to the airwaves every Sunday morning from 5:30 to 10. Born with a microphone in one hand and a pair of headphones in the other, Jerry’s love for...
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