Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Retailers offer discounts, waive shipping fees to boost online sales
By Melissa Fares and Uday Sampath Kumar NEW YORK (Reuters) - After closing their stores earlier this week to limit the spread of the coronavirus, several retailers are dangling site-wide discounts and...
Mar 20, 2020
U.S. senators question Amazon on coronavirus safety at warehouses
By Jeffrey Dastin (Reuters) - Four Democratic U.S. senators on Friday expressed concern in a letter to Amazon.com Inc Chief Executive Jeff Bezos that the world's largest online retailer has not given ...
Mar 20, 2020
U.S. Treasury panel wants Fed to expand purchases, revive crisis-era credit facility: sources
By Matt Scuffham, Jessica DiNapoli and Pete Schroeder WASHINGTON (Reuters) - Members of an influential financial markets advisory panel want the U.S. Federal Reserve to aggressively expand large-scale...
Mar 20, 2020
U.S. to send envoy to Saudi Arabia as Texas suggests oil output cuts
By Timothy Gardner and Jennifer Hiller WASHINGTON/HOUSTON (Reuters) - The Trump administration, scrambling to respond to the global oil price crash, plans to send an energy representative to Saudi Ara...
Mar 20, 2020
Trump slams companies for using U.S. tax credit to buy back stocks
By Steve Holland and Alexandra Alper WASHINGTON (Reuters) - U.S. President Donald Trump on Friday took Boeing Co and some airlines to task for buying back shares with the cash boost from a 2018 tax br...
Mar 20, 2020
Delta Air expects quarterly revenue to fall by $10 billion, beefs up line of credit
(Reuters) - Delta Air Lines Inc expects its second-quarter revenue to fall by $10 billion, representing an 80% reduction compared with a year earlier, the company said on Friday, as the coronavirus hu...
Mar 20, 2020
Macy’s suspends quarterly dividend, withdraws 2020 forecast
(Reuters) - Macy's Inc said on Friday it would suspend its quarterly dividend and withdrew its 2020 sales and profit forecasts due to ongoing disruptions from store closures on the back of the fast-sp...
Mar 20, 2020
Bank of Canada takes additional measures to help support markets
OTTAWA (Reuters) - The Bank of Canada on Friday said it would take additional measures to help ensure financial markets continue operating smoothly "given the rapidly evolving uncertainty" around the ...
Mar 20, 2020
U.S. lawmakers ask Interior to cut offshore oil royalty rates due to market slump
WASHINGTON (Reuters) - Lawmakers representing U.S. Gulf coast states on Friday asked Interior Secretary David Bernhardt to temporarily cut the royalty rate oil and gas companies must pay on their offs...
Mar 20, 2020
Google cancels annual developer conference on coronavirus fears
(Reuters) - Alphabet Inc's Google on Friday canceled its annual developer conference, two weeks after calling off the in-person portion of the event due to the coronavirus outbreak. In contrast, Apple...
Mar 20, 2020
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