Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. stock futures tumble after big Fed rate cut, virus fallout
NEW YORK (Reuters) - U.S. stock index futures tumbled after resuming trading on Sunday after the U.S. Federal Reserve slashed rates back to near zero to help the global economy and investors digested ...
Mar 15, 2020
Dollar slips as Fed leads world with emergency rate cuts
By Wayne Cole SYDNEY (Reuters) - Markets were set for another chaotic session on Monday after many of the world's major central banks joined in an emergency round of policy easing aimed at cushioning ...
Mar 15, 2020
Factories shift operations in scramble to restock supermarket shelves
By Melissa Fares and Lisa Baertlein NEW YORK/LOS ANGELES (Reuters) - With supermarkets stripped of food and many other essentials, consumer product companies halted factory runs of niche items such as...
Mar 15, 2020
Under water? Banks play home loan lottery as insurers bail out
By Swati Pandey, Carolyn Cohn and Simon Jessop SYDNEY/LONDON (Reuters) - Only a year after losing their homes to floods in parts of Australia's north eastern coast of Queensland, people are moving int...
Mar 15, 2020
Fed cuts interest rates to near zero, coordinates with other central banks to combat coronavirus
WASHINGTON (Reuters) - The U.S. Federal Reserve cut interest rates for the second time in less than two weeks on Sunday in another emergency move to help shore up the U.S. economy amid the rapidly esc...
Mar 15, 2020
Goldman downgrades U.S. growth forecast for first and second quarter due to coronavirus
NEW YORK (Reuters) - Goldman Sachs Group Inc has downgraded its U.S. growth forecast for the first and second quarters in the wake of the economic fallout from the coronavirus outbreak. In a note sent...
Mar 15, 2020
Volkswagen says preparing to suspend production at Bratislava plant
BRATISLAVA (Reuters) - Volkswagen is preparing to suspend operations at its manufacturing plant in Bratislava, the company said on Sunday, after Slovakia declared a state of emergency due to the coron...
Mar 15, 2020
Delta suspends some London, Dublin flights after new U.S. travel restrictions
By David Shepardson (Reuters) - Delta Air Lines Inc said Sunday it will halt service to London from Detroit and Dublin flights from New York after the White House announced it was imposing new travel ...
Mar 15, 2020
LVMH to make disinfectant gels to aid French coronavirus fight
PARIS (Reuters) - Louis Vuitton owner LVMH said on Sunday that its cosmetics unit would manufacture large quantities of hand disinfectant gel to help stave off a nationwide shortage across France as t...
Mar 15, 2020
Kraft Heinz ask employees to work from home; provide travel restriction
(Reuters) - Kraft Heinz Co said on Sunday it has asked office employees to work from home as the coronavirus continues to spread. Kraft Heinz expects employees to work from home except those who canno...
Mar 15, 2020
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