Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Williams-Sonoma, Pottery Barn unit made unsubstantiated ‘made in America’ claims: FTC
WASHINGTON (Reuters) - Luxury kitchenware company Williams-Sonoma Inc and its Pottery Barn unit have agreed to stop making unsubstantiated "made in America" claims and to pay $1 million, the Federal T...
Mar 30, 2020
UK’s Aston Martin furloughing some staff after coronavirus plant closures
LONDON (Reuters) - Britain's Aston Martin is furloughing some employees as it handles the fallout from the coronavirus outbreak which has closed its car factories as production of its first sport util...
Mar 30, 2020
Euro zone to work more on bailout fund, EIB tools to fight coronavirus
BRUSSELS (Reuters) - Euro zone finance ministers are likely to accelerate work next week on using their bailout fund ESM and the European Investment Bank (EIB) to counter the economic slump caused by ...
Mar 30, 2020
Israeli gov’t to spend 80 billion shekels to stimulate economy
JERUSALEM (Reuters) - Israel's government on Monday unveiled an 80 billion shekel ($22 billion) economic aid package to help weather the coronavirus crisis and the finance minister said he expects a g...
Mar 30, 2020
France’s Carrefour gives masks after staff walkout over coronavirus
VITROLLES, France (Reuters) - Staff working in a supermarket of French retailer Carrefour in the southern city of Vitrolles will receive protective masks after some employees walked out over health ri...
Mar 30, 2020
Dollar may be set for another damaging bout of strength
By Saikat Chatterjee and Sujata Rao LONDON (Reuters) - If the 2008 financial crisis is any guide, world markets - which have barely had time to recover from the dollar's 9% surge in mid-March - may be...
Mar 30, 2020
Short-term funding crunch pushes European companies into bonds
By Abhinav Ramnarayan LONDON (Reuters) - A slew of European corporate bond issues over the past week have brought some cheer to shell-shocked markets, but a key reason for the rush may be more concern...
Mar 30, 2020
Disney Chairman Bob Iger to forgo salary amid virus crisis: CNBC
(Reuters) - Walt Disney Inc Executive Chairman Bob Iger will forgo his salary and newly named Chief Executive Officer Bob Chapek will take a 50% pay cut amid the coronavirus crisis, CNBC reported on M...
Mar 30, 2020
UK bus companies to be promised coronavirus bailout this week: FT
(Reuters) - UK Transport Minister Grant Shapps will offer millions of pounds to bus companies this week in the latest bailout by the government since the start of the coronavirus pandemic, the Financi...
Mar 30, 2020
Standard Chartered freezes hiring, warns of bonus cuts: memo
LONDON (Reuters) - Standard Chartered has told staff it is freezing all external and internal hiring for two months and signalled it is likely to cut bonuses for 2020, as the Asia and Africa-focused l...
Mar 30, 2020
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