Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. small business bailout starts Friday. Is the government ready?
By Andy Sullivan and Ann Saphir (Reuters) - Chris Hurn, founder of Fountainhead Commercial Capital, has received 7,400 small business loan requests in the past two weeks, more than his business has ha...
Apr 02, 2020
Ford to build face shields at Brazil and Argentina car plants
SAO PAULO (Reuters) - Ford Motor Co said on Thursday it will make 50,000 face shields at factories in Brazil and Argentina to donate in the fight against the coronavirus pandemic. The accelerating out...
Apr 02, 2020
Trump says oil output cut could be as high as 15 million barrels a day
WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday said he had spoken to Saudi crown prince Mohammed bin Salman and that he expects Saudi Arabia and Russia to cut oil output by as much as ...
Apr 02, 2020
Walgreens shares fall as coronavirus pandemic hits store sales
(Reuters) - Shares of Walgreens Boots Alliance Inc fell 6% on Thursday after the drugstore retailer reported a steep decline in U.S. same-store sales in the last week of March as customers stayed indo...
Apr 02, 2020
Facebook launches fact-checking service on WhatsApp in Italy to fight coronavirus hoaxes
MILAN (Reuters) - Facebook Inc. launched a service in Italy to check the accuracy of information on coronavirus circulating on its messaging platform WhatsApp, the U.S. tech firm said on Thursday. In ...
Apr 02, 2020
GE to suspend 50% of U.S. engine assembly, component manufacturing ops staff
(Reuters) - General Electric Co said of Thursday it would temporarily lay off about half of its workers in U.S. engine assembly and component manufacturing operations. The aviation unit, which makes e...
Apr 02, 2020
EU tells insurers to suspend dividends, avoid bonuses in pandemic
By Huw Jones LONDON (Reuters) - Insurers and reinsurers in the European Union should temporarily suspend dividends and share buybacks, and consider postponing bonuses as well to ensure continuity in s...
Apr 02, 2020
Fed’s Kashkari says keeping workers in jobs is key to quick rebound
By Ann Saphir (Reuters) - Keeping workers in their jobs is key to getting the economy out of what is "almost certainly" already a recession as authorities mandate businesses shut and people stay at ho...
Apr 02, 2020
Walmart puts partial sale of UK’s Asda on hold due to coronavirus crisis: source
LONDON (Reuters) - Walmart , the world's largest retailer, has put the possible sale of a majority stake in its British supermarket arm Asda on hold until the coronavirus crisis is over, said a person...
Apr 02, 2020
U.S. borrowers struggle to get coronavirus relief from big banks
By Imani Moise NEW YORK (Reuters) - U.S. borrowers seeking a reprieve from mortgage, auto or credit card payments because of coronavirus hardships are not getting the help they expected from big banks...
Apr 02, 2020
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