Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
SocGen, Natixis skip 2019 dividends, may consider payments in second half
PARIS (Reuters) - French banks, Societe Generale and Natixis joined a cohort of European peers that announced plans to skip 2019 dividends following the European Central Bank's guidance to direct prof...
Mar 31, 2020
Invesco to sell all unquoted holdings in UK equities portfolios
LONDON (Reuters) - Invesco said on Tuesday it would sell all the unquoted companies currently held in its UK equities portfolios and has marked down their value by 60% as a result of recent coronaviru...
Mar 31, 2020
New York City to probe Amazon firing of warehouse worker
(Reuters) - New York City Mayor Bill de Blasio said on Tuesday he had ordered the city's human rights commissioner to investigate the dismissal of a worker at an Amazon.com warehouse who had participa...
Mar 31, 2020
Banker bonuses must be conservative in epidemic: EU watchdog
By Huw Jones LONDON (Reuters) - Banks should be "conservative" in how they award bonuses to preserve capital and keep lending to an economy hit by the COVID-19 pandemic, the European Union's banking w...
Mar 31, 2020
Special Report: The Mask Middlemen – How pop-up brokers seek big paydays in a frenzied market
By Joseph Tanfani and Josh Horwitz (Reuters) - Brian Kolfage, a Florida military veteran, recently convinced Americans to donate millions of dollars for a privately built wall on the U.S. southern bor...
Mar 31, 2020
Goldman gives staff 10 days paid family leave due to coronavirus: memo
NEW YORK (Reuters) - Wall Street bank Goldman Sachs is offering employees 10 days of paid family leave to care for children or elderly parents who are at home during the coronavirus pandemic, accordin...
Mar 31, 2020
U.S.-Saudi oil alliance idea born at White House, put on back burner for now
By Timothy Gardner WASHINGTON (Reuters) - Top U.S. officials have for now put aside a proposal for an alliance with Saudi Arabia to manage the global oil market, according to three sources with knowle...
Mar 31, 2020
Billionaire investor Steve Cohen: ‘After an earthquake there are tremors’
By Lawrence Delevingne BOSTON (Reuters) - Billionaire trader Steven A. Cohen is cautioning the staff of his investment firm, Point72 Asset Management, to remain cautious amid markets that have recover...
Mar 31, 2020
Trump to hold call with U.S. internet, mobile phone providers
By David Shepardson WASHINGTON (Reuters) - President Donald Trump is holding a call with seven of the biggest U.S. internet and mobile phone providers on Tuesday to talk about how the networks are hol...
Mar 31, 2020
Fed will do what it takes to help Americans, Daly says
(Reuters) - San Francisco Fed President Mary Daly on Tuesday said she believes the U.S. is probably already in recession, as millions of people lose their jobs and stay at home in order to bring a qui...
Mar 31, 2020
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