Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
SoftBank shares untraded after estimating historic loss
TOKYO (Reuters) - SoftBank Group Corp shares were untraded with a glut of sell orders on Tuesday morning after estimating the Vision Fund will record a 1.8 trillion yen ($16.73 billion) loss in the ye...
Apr 13, 2020
Asia shares seen higher but economic woes may cap gains
NEW YORK (Reuters) - Asian stocks were set for a modest bounce on Tuesday as U.S. stock futures edged higher, although fears the coronavirus could drag on the global economy for months are likely to t...
Apr 13, 2020
Grubhub, DoorDash, Postmates, Uber Eats are sued over restaurant prices amid pandemic
By Jonathan Stempel NEW YORK (Reuters) - GrubHub, DoorDash, Postmates and Uber Eats were sued on Monday for allegedly exploiting their dominance in restaurant meal deliveries to impose fees that consu...
Apr 13, 2020
Trump says plan to re-open shuttered U.S. economy to be completed soon
WASHINGTON (Reuters) - President Donald Trump said on Monday that his administration was close to completing a plan to re-open the U.S. economy, which has been largely shut down to slow the spread of ...
Apr 13, 2020
Telco shares are surprise losers as lockdown drives internet boom
By Tom Westbrook and Douglas Busvine SINGAPORE/BERLIN (Reuters) - As lockdowns worldwide drive a surge in internet use, boosting online sales for businesses as varied as gaming and food delivery, the ...
Apr 13, 2020
Gloom enveloped UK financial sector as virus outbreak escalated: CBI
LONDON (Reuters) - Optimism drained away from Britain's financial sector in March as the coronavirus outbreak escalated, an industry survey showed on Tuesday. The Confederation of British Industry (CB...
Apr 13, 2020
New Zealand jobless rate could hit 26% if virus curbs extended: treasury
WELLINGTON (Reuters) - New Zealand's unemployment rate could reach 26% if tough lockdown measures to fight the spread of the coronavirus are extended, treasury department forecasts released on Tuesday...
Apr 13, 2020
Disney enters $5 billion credit agreement
(Reuters) - Walt Disney Co said on Monday it has entered an unsecured credit agreement for $5 billion, at a time when companies across industries are scrambling to bolster their liquidity to weather t...
Apr 13, 2020
Exxon raises $9.5 billion to load up on cash while debt market still open to new deals
By Joshua Franklin NEW YORK (Reuters) - Exxon Mobil Corp on Monday raised $9.5 billion in new debt, with the largest U.S. oil producer seeking to bolster its finances while debt markets remain open to...
Apr 13, 2020
News Corp sees hit to ad revenue from coronavirus pandemic
(Reuters) - News Corp said on Monday that its newspaper advertising revenue would take a hit from economic disruptions caused by the spread of the coronavirus pandemic. Advertising revenue has plummet...
Apr 13, 2020
Now Playing
101 WIXX | Your Hit Music Station
