Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Sign of the times: Mile-long line of cars outside California grocery giveaway
By Lucy Nicholson VAN NUYS, Calif. (Reuters) - A pop-up food pantry in Southern California on Thursday drew so many people that the line of cars waiting for free groceries stretched about a mile (1.6 ...
Apr 09, 2020
Taco Bell mandates employee temperature checks, contactless payments at U.S. outlets
(Reuters) - Taco Bell said on Thursday it was implementing temperature checks and contactless payments among other measures across U.S. restaurants over the next month, as it looks to address safety c...
Apr 09, 2020
Pimco expects to raise at least $3 billion for new distressed-debt fund: Bloomberg News
(Reuters) - Pacific Investment Management Co (Pimco) is expecting to raise at least $3 billion for its largest-ever distressed-debt fund, Bloomberg news reported https://bloom.bg/3aWLySB on Thursday, ...
Apr 09, 2020
DoorDash to cut restaurant commissions by half as coronavirus keeps diners at home
(Reuters) - DoorDash Inc said on Thursday it would cut commissions by half for its more than 150,000 local restaurant partners in the United States, Canada, and Australia, as the new coronavirus outbr...
Apr 09, 2020
Facebook must face renewed privacy lawsuit over user tracking
By Jonathan Stempel (Reuters) - A federal appeals court on Thursday revived nationwide litigation accusing Facebook Inc of violating users' privacy rights by tracking their internet activity even afte...
Apr 09, 2020
Exclusive: U.S. banks prepare to seize energy assets as shale boom goes bust
By David French and Imani Moise NEW YORK (Reuters) - Major U.S. lenders are preparing to become operators of oil and gas fields across the country for the first time in a generation to avoid losses on...
Apr 09, 2020
Universal Studios extends theme park closures to at least May 31
LOS ANGELES (Reuters) - Universal Studios said on Thursday it was extending the closure of its theme parks in Florida and California until at least May 31 because of the coronavirus pandemic. "We are ...
Apr 09, 2020
New York Fed purchases $220 million in agency-CMBS out of $948 million offered Thursday
NEW YORK (Reuters) - The New York Federal Reserve purchased $220 million in agency commercial mortgage-backed securities out of the $948 million offered by primary dealers on Thursday. Read more about...
Apr 09, 2020
Fed balance sheet increases to record $6.13 trillion
(Reuters) - The Federal Reserve's balance sheet increased to a record $6.13 trillion this week and the central bank reported greater use of some of its newly launched liquidity facilities, all part of...
Apr 09, 2020
Spain’s finance minister says ‘good deal’ reached in Eurogroup
MADRID (Reuters) - Spain's finance minister Nadia Calvino said on Thursday a "good deal" was reached among European Union countries to address the economic impact of the coronavirus pandemic. "We have...
Apr 09, 2020
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