Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
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
Corporate cash crunch makes bank funding metric look jittery
By David Henry NEW YORK (Reuters) - A high-temperature gauge of bank funding costs is at levels not seen since the 2008 financial crisis. But rather than signaling stress among major lenders, it is sh...
Mar 27, 2020
Explainer: Euro zone options for economic support amid coronavirus pandemic
By Jan Strupczewski BRUSSELS (Reuters) - Euro zone officials have two weeks to come up with a way to support the economy during the coronavirus epidemic that satisfies members with completely opposing...
Mar 27, 2020
Google-parent Alphabet to donate $800 million in response to coronavirus crisis
(Reuters) - Alphabet Inc will donate more than $800 million in funds towards producing medical supplies used to fight COVID-19, and in ad credits to government and health organizations and businesses,...
Mar 27, 2020
Cash-strapped airlines resist mounting coronavirus refund claims
By Laurence Frost PARIS (Reuters) - European airlines waiting in line for coronavirus bailouts want to tap another source of interest-free loans: their customers. Cash-strapped carriers are seeking to...
Mar 27, 2020
Elevated Wall Street ‘fear gauge’ shows doubts about stock market rebound
By April Joyner NEW YORK (Reuters) - Investors hoping for calm to return to U.S. stocks will not find much comfort in Wall Street's fear gauge known as the VIX, which shows some market participants ar...
Mar 27, 2020
A U.S. recession? Probably. Depression? Only if the virus is untamed
By Howard Schneider WASHINGTON - A U.S. recession may already be underway. Could it be worse? The Great Depression that began with a stock market crash in 1929 and lasted until 1933 scarred a generati...
Mar 27, 2020
Insurance for pandemics needs state help: British trade body
LONDON (Reuters) - Business interruption insurance is not designed for pandemics, and if Britain wants businesses to have more cover in future for such events, this would require "significant state pa...
Mar 27, 2020
S&P cuts Airbus outlook amid concern over deliveries, advances
By Tim Hepher PARIS (Reuters) - Ratings agency Standard & Poors placed Airbus on its watch list for a possible downgrade as doubts surfaced over the future level of aircraft deliveries and advance pay...
Mar 27, 2020
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