Author Archives: Syndicated Content
Boeing names CFO to manage new group overseeing key operations
WASHINGTON (Reuters) - Boeing said on Tuesday it was naming chief financial officer Greg Smith to oversee a newly formed group that will consolidate several important operational areas. Smith will ove...
Apr 21, 2020
Explainer: How does Texas have the power to curb the state’s oil output?
By Jennifer Hiller HOUSTON (Reuters) - Texas oil and gas regulators in coming days are poised to decide whether to order larger producers in the state to shut in 20% of their output, wading into globa...
Apr 21, 2020
Wisconsin Republicans file lawsuit challenging coronavirus stay-at-home order
(Reuters) - Republican lawmakers in Wisconsin on Tuesday filed a lawsuit against Democratic Governor Tony Evers, challenging his stay-at-home order to contain the coronavirus outbreak as the issue of ...
Apr 21, 2020
Lawsuit claims 10 big banks rigged market for ‘odd-lot’ U.S. corporate bonds
By Jonathan Stempel NEW YORK (Reuters) - Ten of the world's largest banks, including JPMorgan Chase and Bank of America, have been sued for allegedly conspiring over nearly 14 years to rig prices in t...
Apr 21, 2020
LendingClub to lay off about a third of employees due to coronavirus
(Reuters) - Online lender LendingClub Corp said on Tuesday it would lay off 460 employees, including President Steven Allocca, as part of a restructuring plan to slash costs amid the economic fallout ...
Apr 21, 2020
Inmate who escaped North Carolina prison amid COVID-19 fears faces new charges
By Sarah N. Lynch WASHINGTON (Reuters) - A convicted drug trafficker serving a 5-1/2-year sentence is facing new charges after escaping from a federal prison in North Carolina, claiming that he feared...
Apr 21, 2020
Trump immigration order to last 30-90 days, apply to permanent immigrants
By Jeff Mason and Steve Holland WASHINGTON (Reuters) - President Donald Trump's new executive order banning immigration to the United States will last 30 to 90 days with the chance of renewal and appl...
Apr 21, 2020
White House mulls liability protection for reopening businesses: Trump adviser
WASHINGTON (Reuters) - The Trump administration is considering the possibility of providing liability protection to small businesses that reopen and put their employees back to work as the nation trie...
Apr 21, 2020
Small business loan program discriminated against women, minorities: lawsuit
By Brendan Pierson (Reuters) - The $349 billion small business loan program passed last month as part of the federal coronavirus relief package discriminated against woman- and minority-owned business...
Apr 21, 2020
South Africa’s Ramaphosa pledges COVID-19 rescue package worth 10% of GDP
By Nqobile Dludla and Alexander Winning JOHANNESBURG (Reuters) - South African President Cyril Ramaphosa announced a 500 billion rand ($26.3 billion) rescue package on Tuesday, equivalent to 10% of th...
Apr 21, 2020
