Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Japan’s jobless rate steady at 2.4% in February: government
TOKYO (Reuters) - Japan's jobless rate held steady while the availability of jobs dropped in February, government data showed on Tuesday. The seasonally adjusted unemployment rate was 2.4% in February...
Mar 30, 2020
Activist investor Starboard says it has 9.3% stake in software firm Commvault
By Svea Herbst-Bayliss BOSTON (Reuters) - Activist investor Starboard Value LP has built a stake in U.S. data protection and data management software company Commvault, saying in a regulatory filing t...
Mar 30, 2020
UK business confidence crashes on coronavirus hit: Lloyds
LONDON (Reuters) - Confidence among British companies slumped in the second week of March as the coronavirus crisis gathered pace but before the government shut much of the economy to slow its spread,...
Mar 30, 2020
Airlines line up furloughs; Air New Zealand sees smaller carrier in a year
(Reuters) - Major global airlines projected layoffs, furloughs and capacity cuts over the next few months, with Air New Zealand warning that it expected staffing levels to be 30% smaller than it is no...
Mar 30, 2020
U.S. FAA juggles air traffic staffing as flights plummet amid coronavirus
By David Shepardson WASHINGTON (Reuters) - The Federal Aviation Administration is rejiggering staffing at air traffic control centers to respond to the dramatic falloff in flights and to reduce the im...
Mar 30, 2020
Spirit cancels New York, Connecticut, New Jersey flights after CDC warning
By David Shepardson WASHINGTON (Reuters) - Low-cost U.S. carrier Spirit Airlines Inc said on Monday it will cancel all flights to and from New York, Connecticut and New Jersey after U.S. officials war...
Mar 30, 2020
American Airlines to apply for up to $12 billion in government aid: memo
CHICAGO (Reuters) - American Airlines Holdings Inc intends to apply for up to $12 billion government aid, ensuring no involuntary layoffs or pay cuts in the next six months, executives said in a memo ...
Mar 30, 2020
KFC owner Yum Brands breaks junk debt market’s fast
By Joshua Franklin (Reuters) - Yum Brands Inc , owner of Pizza Hut, KFC and Taco Bell restaurant chains, sold $600 million in bonds on Monday, reopening the U.S. market for junk-rated debt issues afte...
Mar 30, 2020
LendingClub cuts approval rates for high-risk borrowers as coronavirus spreads
(Reuters) - LendingClub Corp on Monday cut loan approval rates for some high-risk borrowers and increased income and employment verification requirements, in a sign that alternative lenders could pull...
Mar 30, 2020
Airbnb to pay out $250 million to hosts to help ease coronavirus cancellation pain
(Reuters) - Airbnb said on Monday it was allocating $250 million to help offset losses by hosts around the world whose guests have canceled bookings in the face of the coronavirus pandemic, following ...
Mar 30, 2020
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