Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. Justice Department backs Google request to use part of U.S.-Asia undersea cable
WASHINGTON (Reuters) - The U.S Justice Department on Wednesday recommended U.S. regulators approve Alphabet Inc's request to use part of an U.S.-Asia undersea telecommunications cable. Google agreed t...
Apr 08, 2020
Dow Jones CEO Will Lewis to step down: FT
(Reuters) - The chief executive officer of News Corp owned Dow Jones, Will Lewis, is stepping down, according to a report by Financial Times on Wednesday, citing people familiar with the matter. News ...
Apr 08, 2020
Centerview turns to Matthieu Pigasse to lead new Paris hub
By Gwnalle Barzic and Pamela Barbaglia PARIS (Reuters) - U.S. investment bank Centerview has hired Lazard's former France boss, Matthieu Pigasse, to lead its newly-launched Paris office and win busine...
Apr 08, 2020
Coronavirus will hit jobs, livelihoods, says Sunak
LONDON (Reuters) - Britain's economy and people's livelihoods will take a hit due to the coronavirus outbreak which has forced a lockdown of much of society, finance minister Rishi Sunak said on Wedne...
Apr 08, 2020
Toyota extends North American plant shutdown; will stop paying 5,000 temporary workers
By David Shepardson WASHINGTON (Reuters) - Toyota Motor Corp said Wednesday it plans to reopen its North American auto plants on May 4, extending its current shutdown by two additional weeks. The Japa...
Apr 08, 2020
Norwegian Air seeks $4.3 billion debt-for-equity deal as crisis deepens
By Terje Solsvik and Victoria Klesty OSLO (Reuters) - Norwegian Air plans to convert up to $4.3 billion of its debt into equity and to issue new shares as it seeks to stay in business following the CO...
Apr 08, 2020
Lufthansa’s Austrian unit negotiates state aid, job cuts
VIENNA (Reuters) - Austrian Airlines is in negotiations with the government regarding state aid to save jobs and keep Vienna as a transfer hub for long-haul flights, the carrier said on Wednesday, add...
Apr 08, 2020
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
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