Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

(Reuters) - Lockheed Martin Corp said on Monday Marillyn Hewson will step down as chief executive officer, effective June 15. The No.1 U.S. defense contractor said board member James Taiclet will repl...

BERLIN (Reuters) - A German supermarket chain called on Monday for students whose universities have shut due to the coronavirus crisis to help it refill its shelves after shoppers stockpiled many esse...

(Reuters) - Starbucks Corp has moved to a "to go" model in all its company-owned stores in the United States and Canada for at least two weeks to facilitate social distancing among customers amid the ...

PRAGUE (Reuters) - Unions at the Czech car factories of Volkswagen's Skoda Auto and Hyundai Motor Co. have called for a 14-day quarantine for employees, which would halt production for that time, news...

By Tom Westbrook SINGAPORE (Reuters) - When the U.S. Federal Reserve cut interest rates to near zero on Sunday, the dollar fell, since the move blew away the yield on owning dollars and with it much o...

By Muvija M and Saeed Azhar (Reuters) - Payments group Finablr on Monday expressed doubts about its ability to continue as a going concern and said its chief executive would step down. Finablr was fou...

(Reuters) - Hong Kong's Cathay Pacific Airways Ltd on Monday said it would sell six Boeing 777-300ER aircrafts and its associated equipment for $703.8 million to BOC Aviation Ltd . The sale will enabl...

By Ana Mano SAO PAULO (Reuters) - When Japanese conglomerate Marubeni booked a loss of 3.9 billion yen ($35 million) at its U.S. grain trader Gavilon in November, it blamed adjustments for "inappropri...

By Sarah Young and Laurence Frost LONDON/PARIS (Reuters) - Airlines made unprecedented cuts to flights, costs and staffing on Monday, and stepped up calls for emergency government aid, as coronavirus ...

By Giulio Piovaccari MILAN (Reuters) - Fiat Chrysler Automobiles (FCA) is halting production for two weeks at most of its European plants to help protect staff against the coronavirus pandemic and adj...