Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Exclusive: UK industry expects ventilator production go-ahead on Wednesday: sources
LONDON (Reuters) - British industry expects the government to give the go-ahead to an emergency ventilator production plan on Wednesday that will see a number of firms join forces to tackle the corona...
Mar 25, 2020
Occidental to add three of Icahn’s associates to board
(Reuters) - Occidental Petroleum Corp said on Wednesday it would add to its board three of activist investor Carl Icahn's associates, ending a long and bitter fight that began after its ill-timed acqu...
Mar 25, 2020
U.S. SEC extends conditional relief for public companies hit by coronavirus
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) said on Wednesday it would extend its prior conditional regulatory relief from disclosure requirements for public companies aff...
Mar 25, 2020
EU approves two British aid schemes to help virus-hit companies
BRUSSELS (Reuters) - EU competition regulators cleared on Wednesday two British state aid schemes to help small- and medium-sized companies hit by the coronavirus outbreak. The British measures, which...
Mar 25, 2020
Coronavirus exposes Uber, Lyft drivers’ lack of safety net
By Tina Bellon and Nivedita Balu (Reuters) - As independent contractors, U.S. ride-hail drivers for Uber and Lyft benefited from soaring trip demand and flexible work hours. But as the coronavirus bri...
Mar 25, 2020
U.S. durable goods orders unexpectedly rise in February
WASHINGTON (Reuters) - New orders for long-lasting U.S. manufactured goods unexpectedly rose in February, but are set to decline as strict measures to contain the coronavirus pandemic sap demand and p...
Mar 25, 2020
Obalon Therapeutics explores strategic alternatives as coronavirus hits
(Reuters) - Obalon Therapeutics said on Wednesday it was exploring financial and strategic alternatives due to the uncertainty regarding COVID-19 and restriction on elective procedures, which have had...
Mar 25, 2020
Bullard: $2 trillion package working through Congress ‘scaled about right’ for crisis
WASHINGTON (Reuters) - The roughly $2 trillion emergency aid package being negotiated in Congress is "scaled about right" to match the hit to the economy needed to battle the coronavirus, St. Louis Fe...
Mar 25, 2020
UK PM Johnson says support for self-employed coming in ‘next couple of days’
LONDON (Reuters) - British Prime Minister Boris Johnson said on Wednesday the government would set out "in the next couple of days" what support it would be giving self-employed workers to help them t...
Mar 25, 2020
Oil majors slash 2020 spending 18% after prices slump
LONDON (Reuters) - The world's biggest oil and gas companies are slashing spending this year following a collapse in oil prices driven by a slump in demand because of coronavirus and a price war betwe...
Mar 25, 2020
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