Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Elon Musk’s SpaceX bans Zoom over privacy concerns: memo
By Munsif Vengattil and Joey Roulette (Reuters) - Elon Musk's rocket company SpaceX has banned its employees from using video conferencing app Zoom, citing "significant privacy and security concerns,"...
Apr 01, 2020
U.S. sues to force Altria to unwind investment in JUUL
WASHINGTON (Reuters) - The U.S. Federal Trade Commission said on Wednesday that it had filed a complaint aimed at forcing Altria Group to sell its $12.8 billion investment in e-cigarette maker JUUL. (...
Apr 01, 2020
Booking Holdings CEO tests positive for coronavirus
(Reuters) - Online travel agency Booking Holdings said on Wednesday Chief Executive Officer Glenn Fogel has tested positive for coronavirus. The company said Fogel, who took the test on March 26 after...
Apr 01, 2020
Nissan says U.S. auto plants will remain closed through late April
(Reuters) - Nissan Motor Co said on Wednesday its U.S. auto plants will remain closed through late April to help reduce the spread of the coronavirus. The Japanese automaker said some business-essenti...
Apr 01, 2020
Starbucks extends coronavirus provisions for two weeks, explores more changes
NEW YORK (Reuters) - Starbucks Corp on Wednesday said it will extend special coronavirus provisions, including pay increases for workers and closed dining areas, for two weeks to May 3. The world's la...
Apr 01, 2020
Federal Reserve temporarily eases some bank leverage requirements
By Pete Schroeder WASHINGTON (Reuters) - The U.S. Federal Reserve announced on Wednesday it was temporarily easing its leverage rules for large banks by exempting certain investments from a key levera...
Apr 01, 2020
Challengers rev their engines to fight Trump’s auto emissions weakening
By David Shepardson and Lawrence Hurley WASHINGTON (Reuters) - Just two months after taking office, President Donald Trump in March 2017 traveled to Michigan to announce that he would undo ambitious v...
Apr 01, 2020
Volkswagen to extend U.S. production halt until April 12
WASHINGTON (Reuters) - Volkswagen AG said on Wednesday it is extending a production halt at its Chattanooga, Tennessee, assembly plant until April 12 because of the coronavirus pandemic. The German au...
Apr 01, 2020
Multi-strategy hedge funds outperformed peers as market plunged
By Svea Herbst-Bayliss and Lawrence Delevingne BOSTON (Reuters) - Multi-strategy hedge funds - those that bet on a broad array of markets using teams of traders, leverage and centralized risk manageme...
Apr 01, 2020
IMF has strong resources to deal with virus crisis, working to identify more: officials
WASHINGTON (Reuters) - International Monetary Fund officials said on Wednesday that the coronavirus pandemic is putting major strains on emerging market economies, but are confident that the Fund has ...
Apr 01, 2020
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