Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
March U.S. deficit shrinks, but virus budget storm seen in April
WASHINGTON (Reuters) - The March U.S. budget deficit shrank to $119 billion from $147 billion a year earlier as receipts grew and calendar shifts reduced outlays, but the data reflect only a minimal i...
Apr 10, 2020
Fed’s Quarles: “Main Street” loans like two to three weeks off as details finalized
WASHINGTON (Reuters) - Federal Reserve vice chair Randal Quarles said Friday that it would probably be another two to three weeks before the Fed's new loan program for mid-sized companies is up and ru...
Apr 10, 2020
Fed’s Mester says policymakers want to prevent ‘lasting damage’ to the economy
(Reuters) - The U.S. economy was on a strong footing before the coronavirus pandemic and Federal Reserve officials are working to help the economy rebound quickly once businesses that were shuttered b...
Apr 10, 2020
French insurers in talks to jointly invest 1 bln euros to help small businesses during coronavirus
PARIS (Reuters) - French insurers are in discussions to invest 1 billion euros ($1.09 billion) into funds dedicated to help small and mid-sized firms and health companies recover from the impact of th...
Apr 10, 2020
Apple, Google to create contact tracing technology to fight coronavirus spread
By Stephen Nellis and Paresh Dave (Reuters) - Apple Inc and Alphabet Inc's Google said on Friday that they will work together to create contact tracing technology that aims to slow the spread of the c...
Apr 10, 2020
Italian insurer Generali confirms staggered dividend payout
By Gianluca Semeraro MILAN (Reuters) - Italy's biggest insurer Generali on Friday said it would pay its 2019 dividend in two tranches, confirming a total payout of 0.96 euros per share, citing its str...
Apr 10, 2020
U.S. Congress leaders, Mnuchin aim for deal on next coronavirus response bill
WASHINGTON (Reuters) - Congressional leaders and U.S. Treasury Secretary Steven Mnuchin will hold bipartisan negotiations on the contents of a new coronavirus response bill with the goal of reaching a...
Apr 10, 2020
3M sues distributor for alleged price gouging of N95 respirators in New York
(Reuters) - 3M Co said it filed a lawsuit against Performance Supply LLC on Friday, alleging that the New Jersey-based company had posed as an authorized vendor of 3M-branded N95 respirators and offer...
Apr 10, 2020
U.S. mortgage industry braces for more strain as support talks stall
By Matt Scuffham NEW YORK (Reuters) - The U.S. residential mortgage finance market faces severe stress after the industry failed this week to convince regulators to launch an emergency liquidity facil...
Apr 10, 2020
IMF’s Georgieva creates new external advisory panel on pandemic
WASHINGTON (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva on Friday announced the creation of a new external advisory group to provide input on policy challenges, inclu...
Apr 10, 2020
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