Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
BlackRock CEO Larry Fink’s pay fell 8.4% in 2019: filing
By Saqib Iqbal Ahmed NEW YORK (Reuters) - BlackRock Inc , the world's largest asset manager, cut total compensation for Chairman and Chief Executive Officer Larry Fink by 8.4% in 2019, a second straig...
Apr 09, 2020
Canadian youth, women hit hard by massive coronavirus-related job losses
By Kelsey Johnson OTTAWA (Reuters) - Canadian youth and women were particularly hard hit by record-breaking job losses in March, since they were more likely to work in sectors that closed down to prev...
Apr 09, 2020
GM plans to extend shutdown of Brazil auto production by 60 days
SAO PAULO (Reuters) - General Motors Co plans to keep its Brazilian factories shut down for at least 60 more days, the company said on Thursday, as the final batch of unionized workers voted on the au...
Apr 09, 2020
Facebook sues Bangkok resident for selling fraudulent ad tools
(Reuters) - Facebook Inc sued a Bangkok-based Indian man on Thursday for developing and marketing a software to bypass the social network's advertising review process and deliver prohibited ads to use...
Apr 09, 2020
Key EU states agree coronavirus economic rescue: diplomats
BRUSSELS (Reuters) - Germany, France, Italy, Spain and the Netherlands reached an agreement on Thursday evening on an economic support package against coronavirus epidemic, paving the way for a deal a...
Apr 09, 2020
Volkswagen furloughs workers at Tennessee auto plant starting April 11
(Reuters) - Volkswagen AG said it will furlough workers at its U.S. assembly plant in Tennessee starting April 11 as the industry grapples with the ongoing coronavirus pandemic. The German automaker s...
Apr 09, 2020
Latin America faces post-coronavirus dilemma – a permanent break with economic austerity?
By Jamie McGeever BRASILIA (Reuters) - The scale of the coronavirus-induced economic crash expected in Latin America could upend the region's financial rules for years to come, throwing up big obstacl...
Apr 09, 2020
Caterpillar seeks $3 billion loan from banks to boost liquidity: Bloomberg
(Reuters) - Caterpillar Inc is in talks with banks to raise a new $3 billion nine-month revolving credit facility, Bloomberg reported on Thursday, citing people familiar with the matter. The world's b...
Apr 09, 2020
Full immediate expensing would lure U.S. firms back from China: Trump adviser Kudlow
WASHINGTON (Reuters) - White House economic adviser Larry Kudlow on Thursday said one policy that could lure U.S. companies to move back to the United States from China would be 100 percent immediate ...
Apr 09, 2020
Fed, BoE push deeper into uncharted territory in face of coronavirus slump
By Howard Schneider and William Schomberg WASHINGTON/LONDON (Reuters) - The U.S. Federal Reserve and the Bank of England ramped up their emergency responses to the world's escalating coronavirus reces...
Apr 09, 2020
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