Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Delta Air extends suspension of U.S.-China flights through May 31
(Reuters) - Delta Air Lines Inc said on Wednesday it was extending the suspension of all flights between the United States and China from April 30 to May 31 due to the coronavirus outbreak. It also ex...
Mar 11, 2020
Brazil lower house speaker Maia: coronavirus impacting economy
BRASILIA (Reuters) - Brazil's lower house Speaker Rodrigo Maia said on Wednesday the new coronavirus pandemic is having an impact on the Brazilian economy. The Brazilian currency weakened 1.27% to 4.7...
Mar 11, 2020
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
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