Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
IMF working with Georgia on additional financing to combat pandemic
WASHINGTON (Reuters) - The International Monetary Fund on Monday said it was working closely with authorities in Georgia to provide additional financing for the South Caucasus country as it works to c...
Mar 30, 2020
Mexico auto lobby urges government to keep border open for business
MEXICO CITY (Reuters) - The Mexican Automotive Industry Association (AMIA) on Monday urged the government to keep goods flowing across the U.S.-Mexico border despite the coronavirus outbreak in a bid ...
Mar 30, 2020
BP will not cut jobs over next three months: CEO Looney
(Reuters) - Oil major BP PLC will not cut jobs over the next three months, Chief Executive Officer Bernard Looney said, even as the company seeks to reduce spending following an oil price crash. Loone...
Mar 30, 2020
JPMorgan plans to raise up to $10 billion for alternative investments: Bloomberg News
(Reuters) - JPMorgan Chase & Co's alternative investments unit is seeking to raise up to $10 billion to boost its spending power in the face of the coronavirus pandemic, Bloomberg News reported on Mon...
Mar 30, 2020
Kohl’s extends store closure, draws down $1 billion credit facility amid coronavirus outbreak
(Reuters) - Kohl's Corp said on Monday it would extend the duration of store closure, and fully draw down on its $1 billion revolving credit facility to control damages from the coronavirus pandemic. ...
Mar 30, 2020
Texas business activity falls off the coronavirus cliff
(Reuters) - Business conditions in Texas, the second-biggest U.S. state by economic output, deteriorated precipitously this month as the coronavirus pandemic slowed both supply and demand for a wide r...
Mar 30, 2020
U.S. markets watchdog Clayton says SEC should not ban short-selling of shares
By Katanga Johnson WASHINGTON (Reuters) - The head of the U.S. Securities and Exchange Commission said on Monday that it should not ban short-selling of shares, amid speculation on further measures th...
Mar 30, 2020
AmEx to freeze hiring, not cut jobs as coronavirus crisis deepens: Bloomberg News
(Reuters) - Credit card issuer American Express Co will freeze hiring and avoid job cuts this year in response to the coronavirus pandemic, Bloomberg news reported on Monday, citing a video message to...
Mar 30, 2020
Bostic: Fed programs could be broadened if they have missed important parts of economy
(Reuters) - As U.S. officials role out trillions of dollars in new economic support, a Federal Reserve policymaker on Monday said focus will now shift to whether those programs prove adequate or need ...
Mar 30, 2020
Coronavirus drives U.S. March auto sales off a cliff
By Nick Carey DETROIT (Reuters) - U.S. new vehicle sales likely drove off a cliff in March as the coronavirus pandemic pounded consumer confidence and shuttered dealerships across much of the country,...
Mar 30, 2020
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