Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Global downturn due to coronavirus ‘way worse’ than global financial crisis: IMF
By Andrea Shalal and Stephanie Nebehay WASHINGTON/GENEVA (Reuters) - The coronavirus pandemic has brought the global economy to a standstill and plunged the world into a recession that will be "way wo...
Apr 03, 2020
Kraft Heinz says has halted three plants due to coronavirus outbreak
SAO PAULO (Reuters) - Kraft Heinz Co has moved to halt production at three different plants because of a decline in demand stemming from the new coronavirus outbreak, its Chief Executive Miguel Patric...
Apr 03, 2020
Richmond Fed’s Barkin: Employment numbers to get worse before getting better
(Reuters) - U.S. employment numbers will get worse amid the ongoing coronavirus outbreak before getting better, Richmond Federal Reserve President Thomas Barkin said in an interview with Bloomberg New...
Apr 03, 2020
American Airlines applies for U.S. payroll assistance grants
WASHINGTON (Reuters) - American Airlines, the largest U.S. airline, confirmed Friday it has applied to the U.S. Treasury for a chunk of the $25 billion payroll assistance grants approved by Congress l...
Apr 03, 2020
Global currency funds notch wins amid coronavirus volatility
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) - Global currency fund managers racked up gains in the first quarter as they benefited from the extreme volatility that the coronavirus pandemic has stok...
Apr 03, 2020
The watchdogs overseeing the $2.3 trillion U.S. bailout
WASHINGTON (Reuters) - Who's watching over the U.S. government's largest bailout in history - the $2.3 trillion in fiscal stimulus to fight the economic impact of the coronavirus? Four different watch...
Apr 03, 2020
JPMorgan says now accepting applications for federal loan program
NEW YORK (Reuters) - JPMorgan Chase & Co , the largest U.S. lender by assets, started accepting at Friday midday applications for loans from the federal government's paycheck protection program, accor...
Apr 03, 2020
Trump says Bank of America, others doing ‘great job’ on small-business loans
WASHINGTON (Reuters) - President Donald Trump hailed one of the country's largest banks, as well as many small lenders, for making small business emergency loans on the first day of a new U.S. coronav...
Apr 03, 2020
Fed Chair Powell spoke with Trump as central bank geared up for virus response
(Reuters) - Federal Reserve Chair Jerome Powell had two previously undisclosed phone calls with U.S. President Trump in February, calendars released on Friday show, including a brief call during the l...
Apr 03, 2020
Constellation Brands says Mexico breweries still running amid coronavirus outbreak
(Reuters) - Constellation Brands Inc , the U.S. distributor of Corona beer, said on Friday its Mexican breweries were still operational and supply to the United States was intact even as rivals suspen...
Apr 03, 2020
Now Playing
101 WIXX | Your Hit Music Station
