Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed’s Kaplan sees U.S. growth returning in second half, but consumers staying cautious
By Ann Saphir SAN FRANCISCO (Reuters) - The U.S. economy is headed for a return to growth in the second half of the year after a steep decline this quarter, Dallas Federal Reserve Bank President Rober...
Apr 08, 2020
Streaming service Disney+ crosses 50 million paid subscribers mark globally
(Reuters) - Walt Disney Co said on Wednesday Disney+ has garnered over 50 million paid users globally, with 8 million of them coming from India where the streaming service was launched last week. The ...
Apr 08, 2020
‘Debt phobia’: Mexican leader’s coronavirus gamble
By Dave Graham MEXICO CITY (Reuters) - If supporters and opponents of Mexican President Andres Manuel Lopez Obrador can agree on anything, it's that he is very stubborn. He says so himself. Rarely dur...
Apr 08, 2020
Factbox: Insurers return part of auto premiums as coronavirus cuts driving
(Reuters) - Major U.S. insurers are offering credit to auto and motorcycle policyholders following a decline in driving, as most Americans stay at home to help contain the spread of the novel coronavi...
Apr 08, 2020
Starbucks sees sales impact from coronavirus stretching into end of 2020
(Reuters) - Starbucks Corp said on Wednesday the financial hit from the coronavirus pandemic would extend into the final quarter of 2020, but added that it had no plans to cut its quarterly dividend. ...
Apr 08, 2020
JPMorgan takes action against traders for using WhatsApp at work: Bloomberg News
(Reuters) - JPMorgan Chase & Co, the largest U.S. bank, has taken action against more than a dozen traders for using WhatsApp at work, firing one and cutting bonuses for the rest, Bloomberg news repor...
Apr 08, 2020
Cut salaries, taxes to reopen U.S. economy says Laffer, conservative fave
By Ann Saphir and Jeff Mason WASHINGTON (Reuters) - Republican economist Art Laffer, an architect of the Reagan era tax cuts that paved the way for historic budget deficits in the United States, has a...
Apr 08, 2020
Costco’s March same-store sales jump as coronavirus triggers surge in buying
(Reuters) - Costco Wholesale Corp reported a 9.6% jump in March comparable sales, as customers stocked up on essentials to weather coronavirus-led lockdowns. U.S. comparable sales rose 10.7% for five ...
Apr 08, 2020
Philips says U.S. deal will enable it to ramp up ventilator production
AMSTERDAM (Reuters) - Dutch health technology company Philips said on Wednesday it struck a deal with the White House that will enable it to significantly ramp up its production of hospital ventilator...
Apr 08, 2020
Pelosi: more small business spending alone would not pass U.S. House
WASHINGTON (Reuters) - U.S. House Speaker Nancy Pelosi said on Wednesday that $250 billion in coronavirus relief for small businesses desired by Republicans could not pass the House of Representatives...
Apr 08, 2020
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