Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed alone can’t stop coronavirus selloff, investors say, as stocks tumble again
By Lewis Krauskopf NEW YORK (Reuters) - The Federal Reserve's unprecedented stimulus measures did little to brighten Wall Street's immediate outlook on coronavirus-ravaged stocks, as concerns remained...
Mar 23, 2020
Instacart to add 300,000 gig workers in coronavirus-driven hiring
(Reuters) - Instacart said on Monday it plans to hire 300,000 gig workers over the next three months, more than doubling its current base, as demand surges for grocery delivery services due to the cor...
Mar 23, 2020
U.S. SEC warns corporate insiders against illegal trading during coronavirus disruption
WASHINGTON (Reuters) - U.S. Securities and Exchange Commission officials on Monday warned corporate insiders against insider trading during the disruptions caused by coronavirus. The U.S. markets regu...
Mar 23, 2020
U.S. businesses see big hit from coronavirus, Fed survey shows
SAN FRANCISCO (Reuters) - U.S. businesses expect a "very large and very negative impact" from the coronavirus pandemic and efforts to slow its spread, according to a survey published on Monday by the ...
Mar 23, 2020
Airbus sees airlines seeking to defer or cancel orders
PARIS (Reuters) - Airbus said in a stock market filing on Monday that customers could seek to cancel or postpone delivery of airliners and helicopters as the coronavirus crisis continues to escalate. ...
Mar 23, 2020
Auto industry urges U.S. lawmakers to ensure ‘sufficient liquidity’
WASHINGTON (Reuters) - Major automakers, parts suppliers and auto dealers urged U.S. lawmakers on Monday to provide "robust credit facilities" to ensure "sufficient liquidity" in the auto industry des...
Mar 23, 2020
Fannie, Freddie to offer forbearance to multifamily owners who halt evictions – regulator
WASHINGTON (Reuters) - Housing finance providers Fannie Mae and Freddie Mac will offer to freeze mortgage payments for owners of multifamily properties if they agree to stop evicting residents during ...
Mar 23, 2020
U.S. trade regulators approve tariff exemption for Apple Watches
(Reuters) - U.S. trade regulators have approved Apple Inc's request to waive tariffs on China-made Apple Watches, the Office of the United States Trade Representative said in a letter dated Friday. Th...
Mar 23, 2020
IMF sees pandemic causing global recession in 2020; recovery in 2021
WASHINGTON (Reuters) - The coronavirus pandemic will cause a global recession in 2020 that could be worse than that seen during the global financial crisis of 2008-2009, but the world's economic outpu...
Mar 23, 2020
Alitalia to relaunch with much smaller fleet: sources
By Francesca Landini and Giuseppe Fonte MILAN (Reuters) - The Italian government plans to take control of loss-making carrier Alitalia [CAITLA.UL] in a month or so, creating a new company that will st...
Mar 23, 2020
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