Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Boeing shares plunge 22% to six-year low on S&P downgrade
(Reuters) - Boeing Co shares tumbled as much as 22% to a more-than-six-year low on Tuesday following a rating downgrade that reflected its worsening cash flow due to the extended grounding of its 737 ...
Mar 17, 2020
Swedish IKEA store finds 50,000 forgotten face masks, gives them to local hospital
STOCKHOLM (Reuters) - Staff at an IKEA furniture store on Sweden's west coast stumbled across a pile of around 50,000 face masks gathering dust in a warehouse and donated them to a nearby hospital thi...
Mar 17, 2020
American Express sees hit to spending volumes from coronavirus
(Reuters) - American Express said http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20200317:nBwbFGJpRa on Tuesday spending volumes fell at the end of February a...
Mar 17, 2020
Nissan stops production at UK factory over coronavirus impact
LONDON (Reuters) - Nissan has stopped output at Britain's biggest car factory due to the impact from coronavirus as it assesses supply-chain disruption and the drop in demand, the most significant clo...
Mar 17, 2020
Fed plans steps to ease short-term borrowing for companies
By Matt Scuffham and Pete Schroeder NEW YORK/WASHINGTON (Reuters) - The Federal Reserve is planning to reinstate a facility previously used during the 2007-09 financial crisis to improve liquidity in ...
Mar 17, 2020
Ford suspends production at two German plants – source
DUESSELDORF, Germany (Reuters) - Carmaker Ford is suspending production at its plants in the western German cities of Cologne and Saarlouis due to the coronavirus epidemic, a source told Reuters. (Rep...
Mar 17, 2020
U.S. job openings rebound; labor market strong before coronavirus outbreak
By Lucia Mutikani WASHINGTON (Reuters) - U.S. job openings rebounded in January after two straight monthly declines, but signs of strength in the labor market at the start of the year have been oversh...
Mar 17, 2020
U.S. business inventories slip in January
WASHINGTON (Reuters) - U.S. business inventories fell as expected in January, suggesting that any lift to gross domestic product in the first quarter from a shrinking trade deficit was likely to be of...
Mar 17, 2020
GM employee at Cole Engineering Center tests positive for coronavirus
(Reuters) - General Motors Co said on Tuesday an employee at its Cole Engineering Center in Warren tested positive for coronavirus. GM said its medical team is working to speak with co-workers who may...
Mar 17, 2020
Exclusive: Amazon stops receiving non-essential products from sellers amid coronavirus outbreak
By Krystal Hu NEW YORK (Reuters) - Amazon.com Inc is suspending sellers from sending non-essential products to its U.S. and U.K. warehouses until April 5 in the latest move to free up inventory space ...
Mar 17, 2020
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