Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. SEC votes to exempt small companies from independent audit reviews
WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Thursday voted to exempt certain small public companies from outside auditor reviews of internal controls. The SEC says the ...
Mar 12, 2020
Shareholders pick holes in Europe’s bank safety blanket
By Sinead Cruise and John O'Donnell LONDON/FRANKFURT (Reuters) - The euro zone followed Britain on Thursday with measures to support banks hit by the coronavirus pandemic but it offered little consola...
Mar 12, 2020
Fiat Chrysler worker tests positive for COVID-19 in Indiana; plant will remain open
(Reuters) - Fiat Chrysler Automobiles NV said Thursday that an employee has tested positive for COVID-19 at its Kokomo, Indiana transmission plant, but the location will remain open. The Italian-Ameri...
Mar 12, 2020
New York Fed says it will introduce new repo operations and change maturities of Treasury purchases
(Reuters) - The Federal Reserve Bank of New York said it will introduce new repo operations and start purchasing a range of maturities as part of it's monthly Treasury purchases. The central bank will...
Mar 12, 2020
Activist investor Icahn raises stake in Occidental to nearly 10%
(Reuters) - Billionaire investor Carl Icahn has raised his stake in Occidental Corp to nearly 10%, or about 88.6 million shares, saying the shares were undervalued, an SEC filing http://bit.ly/2Qb9byt...
Mar 12, 2020
Markets in virus panic: day’s plunge in charts
By Ritvik Carvalho and Thyagaraju Adinarayan LONDON (Reuters) - Sell, sell, sell. A coronavirus-induced meltdown on Wall Street and other financial markets saw prices plunge on Thursday for everything...
Mar 12, 2020
Explainer: Fed may go into its crisis tool kit soon. What’s in it?
By Jonnelle Marte and Howard Schneider (Reuters) - Analysts and economists increasingly expect the Federal Reserve to roll out measures beyond interest rate cuts and bond purchases to ensure financial...
Mar 12, 2020
JPMorgan CEO Jamie Dimon home from hospital, recovering ‘well’: bank
NEW YORK (Reuters) - JPMorgan Chase & Co Chief Executive Officer Jamie Dimon was released from a New York hospital and is now at home recovering from an emergency heart surgery he underwent last week,...
Mar 12, 2020
Norwegian Air to cut 4,000 flights, lay off half its employees
OSLO (Reuters) - Norwegian Air will scrap 4,000 flights and temporarily lay off around half its employees due to the ongoing coronavirus outbreak, the company said on Thursday. Travel restrictions and...
Mar 12, 2020
ECB’s Lagarde rows back from comment that sent Italian yields higher
FRANKFURT (Reuters) - The European Central Bank is committed to avoiding any fragmentation in the euro zone, ECB Chief Christine Lagarde said on Thursday, apparently rowing back on earlier comments th...
Mar 12, 2020
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