Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Canada loses 1 million jobs in March as coronavirus hammers labor market
By Kelsey Johnson OTTAWA (Reuters) - Canada lost a record-breaking 1 million jobs in March while the unemployment rate soared to 7.8%, official data showed on Thursday, as the new coronavirus outbreak...
Apr 09, 2020
Bloomin’ Brands, Jana Partners agree to nominate two new directors
(Reuters) - Bloomin' Brands Inc and Jana Partners said on Thursday they have agreed to add two new independent directors to the Outback Steakhouse owner's board, months after the activist hedge fund p...
Apr 09, 2020
Fed rolls out $2.3 trillion to backstop ‘Main Street,’ local governments during crisis
WASHINGTON (Reuters) - The U.S. Federal Reserve on Thursday rolled out a broad, $2.3 trillion effort to bolster local governments and small and mid-sized businesses in its latest move to keep the U.S....
Apr 09, 2020
Hyundai’s Czech plant set to restart after coronavirus halt
PRAGUE (Reuters) - Hyundai Motor Co's Czech plant plans to restart on April 14 after a three-week production outage as part of efforts to fight the coronavirus, becoming the first of the three major c...
Apr 09, 2020
Exclusive: JPMorgan looking to offload Saudi and UAE sovereign fund loans – sources
By Davide Barbuscia DUBAI (Reuters) - JPMorgan is seeking to sell at a discount loans raised by the sovereign wealth funds of Saudi Arabia and the United Arab Emirates, according to two sources and a ...
Apr 09, 2020
French economic activity reduced by 36%, INSEE says
PARIS (Reuters) - A nationwide lockdown in France has reduced economic activity by 36%, the INSEE official statistics agency said on Thursday, confirming an initial estimate last month. In an updated ...
Apr 09, 2020
IMF chief says pandemic will unleash worst recession since Great Depression
By Andrea Shalal and David Lawder WASHINGTON (Reuters) - The pandemic sweeping the world will turn global economic growth "sharply negative" in 2020, triggering the worst fallout since the 1930s Great...
Apr 09, 2020
Index Ventures raises $2 billion for growth investments
BERLIN (Reuters) - Venture capital firm Index Ventures said on Thursday it had raised $2 billion for growth investments, backing entrepreneurs it reckons will lead the way out of the economic slump ca...
Apr 09, 2020
ECB minutes show qualms about pulling out all stops in virus fight
FRANKFURT (Reuters) - European Central Bank policymakers feared a rapid deterioration of the euro zone economy when they decided on an raft of emergency measures but some still expressed reservation a...
Apr 09, 2020
Costco set to open new store in China’s Suzhou city
BEIJING (Reuters) - U.S. retail giant Costco will open a new store in China's eastern city of Suzhou, near Shanghai, state media reported on Thursday. Costco's subsidiary in Suzhou on Thursday bought ...
Apr 09, 2020
Now Playing
101 WIXX | Your Hit Music Station
