Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Computer chip makers seek U.S. permission to work during pandemic
(Reuters) - A group representing major United States semiconductor companies on Wednesday said it was working with federal officials to make clear to state and local officials overseeing lockdowns tha...
Mar 25, 2020
Factbox: How to safely ‘reopen’ the consumer-driven U.S. economy
WASHINGTON (Reuters) - President Donald Trump said this week he hopes to "reopen" the U.S. economy by Easter Sunday, which is April 12, despite a worsening coronavirus outbreak across the country. Sta...
Mar 25, 2020
Coronavirus downturn will be worse than 2008, WTO says
GENEVA (Reuters) - The World Trade Organization's chief said on Wednesday that projections show the economic downturn and job losses caused by the coronavirus pandemic would be worse than the 2008 rec...
Mar 25, 2020
U.S. auto sales in states with coronavirus lockdown orders to drop 80%: analysts
(Reuters) - Vehicle sales in U.S. states that implemented lockdown orders to curb the spread of coronavirus will drop 80% or more, analysts said on Wednesday. Auto retail sales through the week of Mar...
Mar 25, 2020
Emerging market turmoil may bring FX controls back on radar
By Karin Strohecker LONDON (Reuters) - The coronavirus pandemic and oil price collapse have made emerging markets a lightning rod for volatile capital flows, raising the question whether currency cont...
Mar 25, 2020
U.S. set to grant automakers a lifeline — but no bailout
By David Shepardson and Ben Klayman WASHINGTON/DETROIT (Reuters) - The $2 trillion economic rescue package before the U.S. Senate on Wednesday would send the federal government to the auto industry's ...
Mar 25, 2020
Coronavirus-stricken U.S. companies pop poison pills
By Svea Herbst-Bayliss (Reuters) - More U.S. companies are rushing to adopt so-called poison pills, dusting off a nearly 40-year-old takeover defense tool to ward off hostile bidders and activist shar...
Mar 25, 2020
Softbank-backed Ola seeks relief for drivers and taxi firms in India
By Aditi Shah NEW DELHI (Reuters) - Indian ride-hailing company Ola, backed by Softbank Group , wants loan waivers for drivers and a delay in tax payments to make up for coronavirus-related lost incom...
Mar 25, 2020
U.S. coronavirus stimulus bill adds billions in support for farmers
By P.J. Huffstutter CHICAGO (Reuters) - The U.S. coronavirus stimulus bill that U.S. senators will vote on would add $14 billion to the Agriculture Department's Commodity Credit Corp spending authorit...
Mar 25, 2020
When will virus-hit markets heal? 12 charts to monitor
By Mike Dolan LONDON (Reuters) - Assessing the longer-term financial impact of the coronavirus spread worldwide now hinges on the success of lockdowns in containing the pandemic and trillions of dolla...
Mar 25, 2020
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