Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Walmart ups minimum wage in e-commerce warehouses by $2 as orders surge on virus worries
By Nandita Bose WASHINGTON (Reuters) - Walmart Inc said on Monday it has temporarily raised entry wages for workers in its e-commerce warehouses by $2, following similar moves by rivals, as it attempt...
Mar 22, 2020
Banks borrow $34.9 billion from Bank of Japan’s 1-week dollar funding operation on Monday
TOKYO (Reuters) - Banks borrowed $34.85 billion from the Bank of Japan's one-week dollar funding operation on Monday, as dollar liquidity remained tight in financial markets with various players hoard...
Mar 22, 2020
G20 will not issue statement after Monday’s call: source
TOKYO (Reuters) - The Group of 20 will not issue a statement after Monday's emergency teleconference for finance authorities, a G20 source said. The talks are scheduled for 1100 GMT, according to the ...
Mar 22, 2020
Australia regulator says banks must provision for virus loan holiday
SYDNEY (Reuters) - Australia's banking watchdog on Monday said lenders must account for possible loss from the loan repayment holidays they offered borrowers affected by the coronavirus last week, to ...
Mar 22, 2020
Boeing worker at Everett plant dies from coronavirus: Seattle Times
CHICAGO (Reuters) - A worker at Boeing Co's Everett factory outside Seattle who had the coronavirus has died, the Seattle Times reported on Sunday, citing co-workers, a union official and a Facebook p...
Mar 22, 2020
Exxon notifying contractors, vendors of near-term spending cuts: spokesman
HOUSTON (Reuters) - Exxon Mobil Corp is notifying contractors and vendors of planned near-term cuts in capital and operating expenses because of the coronavirus pandemic, a spokesman for the company s...
Mar 22, 2020
Li & Fung set to surge after $931 million take-private offer
HONG KONG (Reuters) - Shares of global sourcing and logistics group Li & Fung Ltd were set to open up 108% on Monday after it said it had received an offer worth $931 million to take the company priva...
Mar 22, 2020
Australian firms dump guidance as virus lockdown jolts markets
By Renju Jose and Swati Pandey SYDNEY (Reuters) - Australian retailers, casinos and toll road operators pulled profit guidance on Monday as unprecedented curbs on public life to combat the coronavirus...
Mar 22, 2020
Dentsu shares jump after IOC rules out Tokyo Olympics cancellation
TOKYO (Reuters) - Dentsu Group shares jumped as much as 12.4% on Monday on relief after the International Olympic Committee suggested it was looking to delay but not cancel the Tokyo Games as the coro...
Mar 22, 2020
Great Wall not willing to enter price war amid sales slowdown due to coronavirus: chairman
BEIJING (Reuters) - China's top pickup truck maker Great Wall Motor is not willing to enter a price war as sales slow down because of the coronavirus epidemic, but will keep trying to develop overseas...
Mar 22, 2020
Now Playing
101 WIXX | Your Hit Music Station
