Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Almost one in four Americans lost job or furloughed because of coronavirus: Reuters/Ipsos poll
By Chris Kahn NEW YORK (Reuters) - Nearly one in four U.S. adults said they have been laid off or furloughed during the coronavirus outbreak, yet a bipartisan majority of Americans wants businesses to...
Mar 27, 2020
U.S. airlines cheer government relief, warn weak demand may still force downsizing
By Tracy Rucinski CHICAGO (Reuters) - United Airlines Holdings Inc and Delta Air Lines pledged to maintain staff until Sept. 30 thanks to a government relief package passed on Friday, but warned of co...
Mar 27, 2020
Cash handouts and bond buying: $10 trillion-plus deployed against virus
By Ritvik Carvalho and Tommy Wilkes LONDON (Reuters) - More than 300 basis points in combined interest rate cuts, a tenth of annual output in central bank stimulus and $5 trillion of new government sp...
Mar 27, 2020
South Africa small businesses pray government aid eases coronavirus lockdown
By Tim Cocks JOHANNESBURG (Reuters) - Marius Delarey's spacious restaurant in an upmarket Johannesburg suburb thrived on bringing up to 250 people together at a time to share food, booze and lively co...
Mar 27, 2020
Coronavirus aid deal is no panacea for coming U.S. state budget woes
By Karen Pierog (Reuters) - A massive federal spending bill aimed at deflecting the economic harm caused by the spreading coronavirus does not address the billions of tax dollars U.S. states stand to ...
Mar 27, 2020
New York Fed sets fee structure and terms for agreement with BlackRock
NEW YORK (Reuters) - The New York Federal Reserve released the fee structure and terms for its agreement to hire the asset management firm BlackRock to guide some of the central bank's massive bond bu...
Mar 27, 2020
Hedge fund Fir Tree puts $410 million dislocation fund to work
By Svea Herbst-Bayliss BOSTON (Reuters) - After years of waiting and watching from afar, hedge fund Fir Tree Partners is spending $410 million from its dislocation funds on stocks, pockets of the cred...
Mar 27, 2020
Global oil refiners shut down as coronavirus destroys demand
By Florence Tan, Nidhi Verma, Jane Chung and Julia Payne SINGAPORE/NEW DELHI/SEOUL/LONDON (Reuters) - The first oil refinery shutdowns in India and Europe were announced on Friday while global refiner...
Mar 27, 2020
More than 100 British companies halt dividend payments due to coronavirus pandemic
LONDON (Reuters) - More than 100 British companies have postponed or ditched dividend payments in a bid to preserve cash for what could be a lengthy enforced shutdown of large parts of the UK and glob...
Mar 27, 2020
Delta CEO says gov’t aid ensures no industry lay-offs through September 30
CHICAGO (Reuters) - Delta Air Lines Chief Executive Ed Bastian said payroll assistance funds from the government under a massive stimulus package approved on Friday ensure there will not be any involu...
Mar 27, 2020
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