Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Airbus cuts jet production to cope with coronavirus crisis
PARIS (Reuters) - Airbus on Wednesday cut production across the board to absorb the hit to manufacturing from the coronavirus crisis. In its largest ever production adjustment, the European manufactur...
Apr 08, 2020
Airlines must refund flights cancelled because of coronavirus: EU
By Marine Strauss and Kate Abnett BRUSSELS (Reuters) - Airlines must reimburse customers for flights cancelled because of the COVID-19 pandemic, the European Union transport chief said on Wednesday, r...
Apr 08, 2020
Walmart’s Mexico unit hires over 7,700 employees to manage higher demand
MEXICO CITY (Reuters) - Walmart de Mexico, known locally as Walmex , has hired 7,741 employees to manage higher volume and demand at its stores, the retailer said in a statement on Wednesday (Reportin...
Apr 08, 2020
Canada expands wage subsidy program for businesses, jobless claims soar
OTTAWA (Reuters) - Canada said on Wednesday it would expand an emergency wage subsidy program to help more businesses deal with the coronavirus outbreak, while jobless claims soared beyond four millio...
Apr 08, 2020
Coming next from the Fed: How much for Main Street?
By Howard Schneider WASHINGTON (Reuters) - The U.S. Federal Reserve responded fast to the coronavirus crisis with open-ended programs to keep financial markets running and ensure major companies could...
Apr 08, 2020
Fed says modifying Wells Fargo asset cap so bank can make more small business loans
WASHINGTON (Reuters) - The U.S. Federal Reserve said on Wednesday it would "temporarily and narrowly" modify the growth restriction on Wells Fargo & Co's asset cap so the bank can make more loans unde...
Apr 08, 2020
Fed’s Evans says he hopes for recovery to start in second half
SAN FRANCISCO (Reuters) - Employment and output will drop sharply this quarter, Chicago Federal Reserve Bank President Charles Evans said Wednesday, but if government programs are successful in gettin...
Apr 08, 2020
Factbox: Global economic policy response to coronavirus crisis
LONDON (Reuters) - Governments and central banks around the world have unleashed unprecedented fiscal and monetary stimulus and other support for economies floored by the coronavirus pandemic. The G20...
Apr 08, 2020
Nordstrom temporarily shutters headquarters on coronavirus fears
(Reuters) - Nordstrom Inc has temporarily shut down its corporate headquarters in Seattle due to the spread of the coronavirus in the area, the retailer said in a filing on Wednesday. The department s...
Apr 08, 2020
Ferrari to pilot employee screening for coronavirus: Elkann
MILAN (Reuters) - Luxury group Ferrari will pilot a project to conduct voluntary screening of employees and their families to better fight the novel coronavirus outbreak, the head of holding group Exo...
Apr 08, 2020
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