Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ackman’s private hedge fund Pershing Square LP up 6.8% month-to-date, up 0.8% year-to-date: source
BOSTON (Reuters) - Billionaire investor William Ackman, who hedged his portfolio weeks ago to guard against coronavirus-inspired panic selling, told investors that his private hedge fund is making mon...
Mar 25, 2020
U.S. should refrain from export controls in pandemic response: Chamber of Commerce
By Andrea Shalal WASHINGTON (Reuters) - The U.S. Chamber of Commerce on Wednesday urged the United States to refrain from adopting export controls or other measures that could impede the movement of m...
Mar 25, 2020
Airbnb holds meeting with bankers to extend $1 billion debt facility: source
By Jane Lanhee Lee (Reuters) - Airbnb Inc on Wednesday held a phone meeting with bankers to discuss extending an existing $1 billion debt facility as the home rental start-up grapples with a slowdown ...
Mar 25, 2020
AMC Theatres furloughs CEO, corporate employees due to virus
LOS ANGELES (Reuters) - AMC Entertainment Holdings Inc , the world's largest theater operator, has placed its chief executive and all of its corporate employees on furlough to preserve cash during the...
Mar 25, 2020
U.S. Republican lawmaker urges State Department to boost diplomacy on oil price war
WASHINGTON (Reuters) - A top Republican lawmaker urged a U.S. State Department official on Wednesday to press ahead with diplomatic efforts to end the oil price war between Saudi Arabia and Russia tha...
Mar 25, 2020
Trump says reopen by Easter, Corporate America says not so fast
By Diane Bartz WASHINGTON (Reuters) - President Donald Trump wants America to get back to business by Easter, suggesting some efforts to slow the spread of coronavirus outbreak will no longer be neede...
Mar 25, 2020
Absorb shock now or face permanent destruction, Draghi warns: FT
FRANKFURT (Reuters) - European governments must quickly absorb the economic shock of the coronavirus crisis, even at the cost of high debt, as the alternative is permanent economic destruction, former...
Mar 25, 2020
Tesla to reopen New York plant “as soon as humanly possible” to make ventilators: Musk
(Reuters) - Tesla Inc will reopen its New York factory "as soon as humanly possible" to manufacture ventilators for coronavirus patients, Chief Executive Officer Elon Musk said on Twitter. (Reporting ...
Mar 25, 2020
Canadian oil companies ask government for cash, credit to survive
By Rod Nickel and David Ljunggren WINNIPEG, Manitoba/OTTAWA (Reuters) - Canadian oil and gas companies are urging Ottawa to free up credit and cash to help them survive the twin shocks of COVID-19 spr...
Mar 25, 2020
Exclusive: Amazon pauses sellers’ loan repayments amid coronavirus
By Jeffrey Dastin and Lisa Baertlein (Reuters) - Amazon.com Inc on Wednesday said it temporarily would not require sellers in its marketplace to repay loans it had made to them, as merchants confront ...
Mar 25, 2020
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