Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Factbox: Airlines count mounting costs of the coronavirus shock
(Reuters) - Airlines across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak. Several have grounded many flights and ditched their financial outlooks. Below ...
Mar 11, 2020
Exclusive: Boeing to freeze hiring, overtime on 737 MAX, virus impacts: sources
By Eric M. Johnson and Tim Hepher SEATTLE/PARIS (Reuters) - Boeing Co is freezing new hiring and overtime except in certain critical areas in efforts to preserve cash due to the coronavirus outbreaks ...
Mar 11, 2020
U.S. senator says Trump administration mulling use of oil reserve to help crude producers
WASHINGTON (Reuters) - U.S. Senator John Thune said on Wednesday he believes the Trump administration is evaluating use of the Strategic Petroleum Reserve, and other measures, to help oil producers de...
Mar 11, 2020
UK’s response to virus helps European banks recover from record lows
By Sinead Cruise and Thyagaraju Adinarayan LONDON (Reuters) - European banks took heart from the Bank of England's plan to defend Britain's economy from the effects of the coronavirus outbreak, pushin...
Mar 11, 2020
IMF says Spain needs fiscal flexibility in 2020 as coronavirus bites
MADRID (Reuters) - Spain should be allowed to hold off on structural deficit cuts this year as it adopts one-off measures to support the health sector and the economy amid a growing coronavirus epidem...
Mar 11, 2020
Mnuchin says IMF, World Bank funds won’t repay debts to China
WASHINGTON (Reuters) - The U.S. Treasury is working with the International Monetary Fund and the World Bank to gain full transparency of countries' debts from China's Belt and Road infrastructure init...
Mar 11, 2020
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
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