Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Global airline capacity may fall up to 35% in 2020 on coronavirus: Moody’s
(Reuters) - Global airline capacity may fall up to 35% this year, hamper credit quality of many airlines and push the weaker ones to default, credit ratings agency Moody's said on Friday, as a drop in...
Mar 20, 2020
Argentina needs substantial debt relief from private creditors: IMF
WASHINGTON (Reuters) - The International Monetary Fund said on Friday that Argentina needs substantial debt relief from private creditors to restore debt sustainability with a high degree of probabili...
Mar 20, 2020
Fed backstop for U.S. muni market may ease some rate pressures
By Karen Pierog CHICAGO (Reuters) - The battered U.S. municipal bond market could get a limited boost from the Federal Reserve's announcement it was expanding its money market support program to inclu...
Mar 20, 2020
India’s Tata Motors ready to halt one plant if virus concerns deepen
By Aditi Shah NEW DELHI (Reuters) - India's Tata Motors is rapidly scaling down activity at its car factory in the western state of Maharashtra and is preparing to close it if concerns about coronavir...
Mar 20, 2020
Fed should buy more MBS to avoid market ‘accident’: Barclays
(Reuters) - The Federal Reserve should increase its purchases of mortgage-backed bonds to reduce the risk that relative weakness in the asset class will lead to forced selling that could create an "ac...
Mar 20, 2020
IMF sees severe impact from pandemic on global economy, but crisis temporary
WASHINGTON (Reuters) - The impact of the global coronavirus pandemic will be "quite severe," but a long expansionary period and high employment rates mean the global economy should weather the current...
Mar 20, 2020
Brazil’s government slashes 2020 GDP growth forecast to zero
By Jamie McGeever BRASILIA (Reuters) - Brazil's government on Friday slashed its 2020 economic growth forecast to zero from 2.1% previously, as it factored in the expected huge hit to activity from th...
Mar 20, 2020
Kraft Heinz talks with Amazon, Walmart daily to speed food deliveries
By Richa Naidu LONDON (Reuters) - Kraft Heinz speaks daily with Amazon.com and Walmart Inc , hoping to speed up deliveries as customers worldwide stay home and shop online to protect themselves from t...
Mar 20, 2020
U.S. banks switch to drive-through, ATMs to guard against coronavirus
By Elizabeth Dilts Marshall and Imani Moise NEW YORK (Reuters) - Banks across the United States announced plans to close branches this week, switching many to drive-through and ATM operations only, as...
Mar 20, 2020
UK’s Tesco to hire 20,000 people to cope with rush on supermarkets
LONDON (Reuters) - Britain's market-leading supermarket chain Tesco said on Friday it would hire 20,000 people to work in its stores for at least the next 12 weeks to cope with an unprecedented increa...
Mar 20, 2020
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Meet Jerry Michaels, the dynamic host of The Breakfast Show on WIXX. He brings his signature energy and wit to the airwaves every Sunday morning from 5:30 to 10. Born with a microphone in one hand and a pair of headphones in the other, Jerry’s love for...
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