Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Boeing making new 737 MAX software updates to address computer issue
By David Shepardson WASHINGTON (Reuters) - Boeing Co said late on Tuesday it will make two new software updates to the 737 MAX's flight control computer as it works to win regulatory approval to resum...
Apr 07, 2020
Australia’s parliament set to pass huge stimulus plan
By Swati Pandey SYDNEY (Reuters) - Australia's parliament will return on Wednesday in a slimmed down version to pass an emergency A$130 billion ($80 billion) stimulus package as the coronavirus pandem...
Apr 07, 2020
KKR sets up $50 million international coronavirus relief fund
By Chibuike Oguh (Reuters) - KKR & Co Inc has established a $50 million global relief fund to help people affected by the new coronavirus, according to a letter the U.S. private equity firm sent to it...
Apr 07, 2020
Airbnb to terminate $1 billion credit facility after private equity deal: sources
By Joshua Franklin (Reuters) - Airbnb Inc is planning to terminate a $1 billion credit facility following an investment of the same amount it secured from private equity firms Silver Lake and Sixth St...
Apr 07, 2020
Trump says $70 billion in coronavirus rescue loans authorized. But where’s the cash?
By Michelle Price and Pete Schroeder WASHINGTON (Reuters) - Roughly $70 billion of a $350 billion pot of loans to cover the payrolls of ailing small businesses have been originated by U.S. lenders in ...
Apr 07, 2020
Amazon to suspend delivery service competing with UPS, FedEx: WSJ
(Reuters) - Amazon.com Inc has put on hold a new delivery service that competes with UPS and FedEx, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Amazon is suspe...
Apr 07, 2020
Buffett’s Geico offers $2.5 billion credits as coronavirus cuts driving
By Jonathan Stempel (Reuters) - Geico Corp, part of billionaire Warren Buffett's Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its 19 million auto and motorcyc...
Apr 07, 2020
Wall Street volatility raises fears of another selloff
By Noel Randewich (Reuters) - The evaporation of a rally on Wall Street in the closing minutes of Tuesday's session shows that many investors fear the U.S. stock market is in danger of a renewed tumbl...
Apr 07, 2020
Jack Dorsey pledges $1 billion of his Square equity for COVID-19 relief efforts
(Reuters) - Square Inc and Twitter Inc chief executive officer Jack Dorsey said on Tuesday that he pledged $1 billion of his equity in the payments processor toward efforts aimed at fighting the coron...
Apr 07, 2020
Amazon piloting disinfectant fog at New York warehouse after protests
(Reuters) - Amazon.com Inc told Reuters it is piloting the use of disinfectant fog starting on Tuesday at a warehouse in Staten Island, New York, within days of protests at the worksite over health co...
Apr 07, 2020
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