Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Former Fed chief Bernanke sees bad year, no quick recovery
SAN FRANCISCO (Reuters) - The U.S. economy could shrink 30% or more this quarter as stay-at-home orders aimed at slowing the coronavirus outbreak choke off business, and it could be a couple years bef...
Apr 07, 2020
U.S. treasury secretary to seek additional $250 billion for small business
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Tuesday that he would seek an additional $250 billion to support small businesses hurt by the widespread economic slowdown. Mnuchi...
Apr 07, 2020
Ukraine lawmakers flood banking bill needed for IMF deal with thousands of amendments
By Ilya Zhegulev KIEV (Reuters) - Ukrainian lawmakers have proposed thousands of amendments to banking legislation required by the International Monetary Fund, threatening to derail an $8 billion IMF ...
Apr 07, 2020
TJX to furlough most of about 286,000 staff as stores stay shut amid pandemic
(Reuters) - Off-price retailer TJX Companies Inc said on Tuesday it would furlough most of the employees at its stores and distribution centers, as outlets remain closed to curb the spread of the coro...
Apr 07, 2020
Colombian businesses call for more aid after quarantine extension
BOGOTA (Reuters) - Colombian businesses on Tuesday called on the government to expand measures to help companies weather coronavirus, after President Ivan Duque extended a nationwide lockdown by two w...
Apr 07, 2020
UK will share more legal texts with EU shortly: Brexit trade deal negotiator
LONDON (Reuters) - Britain remains in touch with the European Union over negotiations for a trade deal and will share further legal texts with the bloc shortly, the country's Brexit negotiator David F...
Apr 07, 2020
Facebook launches new chat app for couples
(Reuters) - Facebook Inc on Tuesday launched a new social app for couples called "Tuned" that allows partners to chat, share photos, music and have a timeline of shared memories between them. The app ...
Apr 07, 2020
All for one and one for all? Euro zone will for joint bonds tested
By Dhara Ranasinghe and Sujata Rao LONDON (Reuters) - Step-by-step, the coronavirus crisis is forcing the euro zone into greater integration. But like the euro zone debt crisis before, it may not deli...
Apr 07, 2020
U.S. Treasury panel wants mortgage servicer liquidity support as missed payments rise: sources
By Matt Scuffham NEW YORK (Reuters) - Members of an influential financial markets advisory panel are pressing the Federal Reserve to give mortgage service companies emergency funding as struggling bor...
Apr 07, 2020
Macy’s finance chief Paula Price to step down in May
(Reuters) - Department store chain operator Macy's Inc said on Tuesday that Chief Financial Officer Paula Price would step down from the role on May 31. Price, who took charge in July 2018, will remai...
Apr 07, 2020
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