Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
PIMCO sees short, severe recession; positioned defensively
By Kate Duguid NEW YORK (Reuters) - Pacific Investment Management Co (PIMCO), one of the world's largest investment firms, told clients on Thursday the coronavirus outbreak is likely to cause a short ...
Apr 02, 2020
Hungary, eager for loan, wants to classify details of Budapest-Belgrade Chinese rail project
BUDAPEST (Reuters) - Hungary wants to classify all data included in contracts for the $2.1 billion, tax-payer funded Budapest-Belgrade rail project for ten years, according to draft legislation, to en...
Apr 02, 2020
Bloomin’ disaster: UK’s garden industry faces ruin from coronavirus crisis
HEMEL HEMPSTEAD, England (Reuters) - Britain's gardening industry could be destroyed by the coronavirus shutdown, growers have warned, with the horticulture sector potentially facing a total stock wri...
Apr 02, 2020
U.S. factory orders unchanged in February
WASHINGTON (Reuters) - New orders for U.S.-made goods were unexpectedly flat in February, and could remain weak as a global coronavirus outbreak strains supply chains and undercuts the manufacturing s...
Apr 02, 2020
Healthcare stocks show their defensive allure in ailing market
By Lewis Krauskopf NEW YORK (Reuters) - The coronavirus pandemic is throwing a spotlight on stocks in the U.S. healthcare sector, home to the companies that could develop treatments, vaccines and impr...
Apr 02, 2020
Goldman Sachs commits $250 million to CDFI loans for small businesses
NEW YORK (Reuters) - Goldman Sachs Group Inc Chief Executive David Solomon said Thursday Goldman is committing $250 million from its balance sheet to community development financial institutions so th...
Apr 02, 2020
Honda extends U.S., Canada auto plant shutdown through April 10
WASHINGTON (Reuters) - Honda Motor Co said Thursday it will extend a shutdown of all U.S. and Canadian auto plant production through April 10 because of the ongoing coronavirus outbreak. A growing num...
Apr 02, 2020
U.S. trade deficit near three-and-a-half-year low as Chinese imports tumble
By Lucia Mutikani WASHINGTON (Reuters) - The U.S. trade deficit dropped to near a 3-1/2-year low in February as the coronavirus pandemic pushed imports from China to their lowest level since 2009. The...
Apr 02, 2020
French firms seek to put nearly four million staff on furlough
PARIS (Reuters) - French companies have asked to put nearly four million workers on state-subsidised furlough to cope with the collapse in business triggered by the coronavirus outbreak, the Labour Mi...
Apr 02, 2020
Fiat Chrysler to start three Italian sites immediately after lockdown ends: union
MILAN (Reuters) - Fiat Chrysler aims to restart operations at three Italian sites as soon as the government lifts coronavirus restrictions on manufacturing, a union representative said on Thursday, ad...
Apr 02, 2020
Now Playing
101 WIXX | Your Hit Music Station
