Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Soaring unemployment increases odds U.S. banks will cut dividends
By David Henry NEW YORK (Reuters) - Questions are building about whether big U.S. banks will have to cut dividends later this year as the coronavirus crisis puts a record portion of Americans out of w...
Apr 03, 2020
Explainer: Antitrust law won’t get in the way of U.S. acting to raise oil prices
WASHINGTON (Reuters) - It is illegal for oil producers to meet to discuss pushing up oil prices under U.S. antitrust law, but perfectly legal if state regulators or the federal government set lower pr...
Apr 03, 2020
Large U.S. banks to take small business loan applications next week: Mnuchin
WASHINGTON (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Friday he expects all large U.S. banks to be participating in a newly launched, $350 billion small business coronavirus rescue loa...
Apr 03, 2020
Warren Buffett’s Berkshire Hathaway sells some stake in Delta Air Lines
(Reuters) - Warren Buffett's Berkshire Hathaway Inc said on Friday it has sold some of its stake in Delta Air Lines Inc . Berkshire is among the largest investors in the carrier. It is also among the ...
Apr 03, 2020
Prudential Financial to suspend applications for 30-year term life insurance policies
(Reuters) - Prudential Financial Inc will temporarily suspend taking applications for 30-year term life insurance policies, effective April 13, a spokeswoman said on Friday. The suspension, which will...
Apr 03, 2020
Walmart to limit number of customers at stores as virus crisis deepens
(Reuters) - Walmart Inc said on Friday it would limit the number of customers in a store at a time, starting April 4, to encourage social distancing among its customers. It said it will now allow no m...
Apr 03, 2020
Occidental appoints Robert Peterson as CFO
(Reuters) - Oil and gas producer Occidental Petroleum Corp said on Friday it appointed Robert Peterson as the company's new chief financial officer. The current financial head, Cedric Burgher, will tr...
Apr 03, 2020
Fiat Chrysler postpones shareholders’ meeting and resolution on dividend to late June
MILAN (Reuters) - Fiat Chrysler said on Friday it decided to postpone to late June its shareholders' meeting scheduled for April 16, as a consequence of the continuing coronavirus emergency. Fiat Chry...
Apr 03, 2020
Coronavirus fiscal fallout on U.S. muni issuers worries investors
By Karen Pierog CHICAGO (Reuters) - Investors in the U.S. municipal bond market are growing increasingly worried over the ability of states, cities and other debt issuers to weather the financial fall...
Apr 03, 2020
Exxon plays on virus worries in Baytown contract talks: union official
HOUSTON (Reuters) - A union official said on Friday Exxon Mobil Corp is playing on economic uncertainty caused by the coronavirus pandemic in negotiations with workers at its Baytown, Texas, refinery....
Apr 03, 2020
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