Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. Treasury yields fall as stocks sink on stimulus uncertainty
CHICAGO - U.S. Treasuries rebounded on Wednesday as stocks dropped over uncertainty on how the White House plans to combat the impact of the coronavirus outbreak on the economy. The 10-year note yield...
Mar 11, 2020
California attorney general will end fight against Sprint, T-Mobile merger
WASHINGTON (Reuters) - The office of California Attorney General Xavier Becerra will not appeal a court's decision that a merger of wireless carriers Sprint Corp and T-Mobile US Inc may go forward, it...
Mar 11, 2020
U.S. ‘looking at’ CalPERS holdings in Chinese defense firms: top White House official
By Jonathan Landay WASHINGTON (Reuters) - The Trump administration is "looking at" investments in Chinese military companies by the California Public Employees' Retirement System (CalPERS), U.S. Natio...
Mar 11, 2020
BlackRock says voted against Qualcomm executive pay, director
BOSTON (Reuters) - Top fund manager BlackRock Inc said on Wednesday it cast an advisory vote against the pay of executives at chipmaker Qualcomm Inc, , and against a compensation committee member, cit...
Mar 11, 2020
Deutsche Bank holds off repaying $1.25 billion of debt in volatile market
By Abhinav Ramnarayan and Tom Sims LONDON/FRANKFURT (Reuters) - Deutsche Bank will delay repayment on $1.25 billion (966 million pounds) of bonds when they become redeemable next month, a rare move in...
Mar 11, 2020
U.S. lawmakers seek to tighten ban on forced-labor goods from China’s Xinjiang
WASHINGTON (Reuters) - Leading U.S. lawmakers proposed legislation on Wednesday aimed at preventing goods made from forced labor in China's Xinjiang region from reaching the United States. The legisla...
Mar 11, 2020
Exclusive: Europe plans multi-million-euro loans for coronavirus-hit firms: sources
By John O'Donnell and Francesco Guarascio PARIS/BRUSSELS (Reuters) - European companies grappling with the impact of Coronavirus could soon qualify for multi-million-euro loans backed by the European ...
Mar 11, 2020
Deutsche Bank delays repayment on $1.25 billion of debt as coronavirus hits market
By Abhinav Ramnarayan and Tom Sims LONDON/FRANKFURT (Reuters) - Deutsche Bank will delay repayment on $1.25 billion of bonds when they become redeemable next month, a rare move in the industry that co...
Mar 11, 2020
PepsiCo aims for energy boost with $3.85 billion Rockstar deal
By Uday Sampath Kumar (Reuters) - PepsiCo Inc on Wednesday made its biggest bet in the energy drinks market with a $3.85 billion deal to buy Rockstar Energy Beverages, opening a new front in its long-...
Mar 11, 2020
Boeing plans full drawdown of $13.8 billion loan: Bloomberg News
(Reuters) - Boeing Co is planning a full drawdown of a $13.8 billion loan as early as Friday, as the U.S. based plane-maker struggles with worldwide travel disruptions from the coronavirus, Bloomberg ...
Mar 11, 2020
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