Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Italy’s Benetton closes directly-managed shops in Italy over virus
MILAN (Reuters) - Italian clothing chain Benetton Group said on Wednesday it would close all its directly-managed shops in Italy for two weeks starting from Thursday in an effort to protect both emplo...
Mar 11, 2020
Britain plans to apply Basel bank capital rules in full
By Huw Jones LONDON (Reuters) - Britain said on Wednesday it plans to fully implement globally-agreed bank capital rules that were a response to the financial crisis a decade ago. Tougher Basel capita...
Mar 11, 2020
U.S. oil company workers made a big, bad retirement bet: their own stock
By Tim McLaughlin BOSTON (Reuters) - Employees at the largest U.S. oil companies have lost around $5 billion in retirement savings since the end of 2018 because of outsized bets on their own slumping ...
Mar 11, 2020
NYSE takes steps to keep coronavirus from trading floor: memo
By John McCrank NEW YORK (Reuters) - The New York Stock Exchange is taking steps to separate traders on the floor of its iconic 11 Wall Street building and employees of the NYSE and its parent Interco...
Mar 11, 2020
Exclusive: Russia to OPEC: deeper oil cuts won’t work
By Olesya Astakhova and Katya Golubkova MOSCOW (Reuters) - This week's oil price rout had become inevitable and cutting oil output has ceased to make sense because it is unclear how deep the impact of...
Mar 11, 2020
FAA chief confirms agency did not approve Boeing wiring bundles proposal
WASHINGTON (Reuters) - Federal Aviation Administration chief Steve Dickson confirmed Wednesday the agency has rejected Boeing Co's proposal to leave wiring bundles in place on the grounded 737 MAX. La...
Mar 11, 2020
Top U.S. Senate Democrat: Coronavirus relief must address housing, schools
WASHINGTON (Reuters) - U.S. Senate Democrats on Wednesday said any economic relief package amid the ongoing coronavirus outbreak must include funds to help support housing, and to help keep schools an...
Mar 11, 2020
Exclusive: CEO of AT&T ad unit Xandr resigned: source
By Helen Coster and Sheila Dang (Reuters) - Brian Lesser, chief executive of AT&T Inc advertising unit Xandr, has resigned, according to a source familiar with the matter. A spokesman for AT&T decline...
Mar 11, 2020
EU watchdog tells financial firms to spell out coronavirus impact
LONDON (Reuters) - Financial companies should disclose "as soon as possible" any relevant significant information about the impact of coronavirus on their business, the European Union's markets watchd...
Mar 11, 2020
Morgan Stanley sees 9% U.S. car sales dip from coronavirus
(Reuters) - Morgan Stanley said it expects the coronavirus outbreak will send U.S. auto sales down 9% this year, in an investor note on Wednesday morning. Automakers are due to report first-quarter sa...
Mar 11, 2020
Now Playing
101 WIXX | Your Hit Music Station
