Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Trump aides weighed proposals to undermine Hong Kong’s dollar peg: Bloomberg
(Reuters) - U.S. President Donald Trump's top advisers weighed proposals to undermine the Hong Kong currency's peg to the U.S. dollar, Bloomberg reported on Tuesday, citing people familiar with the ma...
Jul 07, 2020
Victoria state coronavirus curbs to cost Australia up to $700 million a week
SYDNEY (Reuters) - Australia could take an economic hit of as much as A$1 billion ($700 million) each week because of coronavirus restrictions reimposed by Victoria state, Treasurer Josh Frydenberg sa...
Jul 07, 2020
Asian shares mixed as corporate earnings loom
By John McCrank NEW YORK (Reuters) - Asian stocks were set for a mixed open on Wednesday, as an increase in new coronavirus cases in some parts of the world cast doubts over the economic recovery, lea...
Jul 07, 2020
Boeing settles nearly all Lion Air 737 MAX crash claims: filing
By Eric M. Johnson SEATTLE (Reuters) - Boeing Co has reached settlement agreements in more than 90% of the wrongful death claims filed in federal court after the 2018 crash of a Lion Air 737 MAX in In...
Jul 07, 2020
Cars, a cocktail and a celebrity: South Koreans succumb to Tesla fever
By Hyunjoo Jin SEOUL (Reuters) - From an eponymous cocktail to eager buyers following the shipping routes of long-awaited cars, Tesla Inc is having a moment in South Korea, particularly among tech-sav...
Jul 07, 2020
Exclusive: U.S. probing allegations TikTok violated children’s privacy – sources
By Diane Bartz WASHINGTON (Reuters) - The Federal Trade Commission and the U.S. Justice Department are looking into allegations that popular app TikTok failed to live up to a 2019 agreement aimed at p...
Jul 07, 2020
Levi Strauss warns of weak second half on pandemic woes, to cut 700 jobs
(Reuters) - Levi Strauss & Co on Tuesday cautioned its business would be hit in the second half of the year, even as the denim apparel maker's sales have been improving at its reopened stores, followi...
Jul 07, 2020
Algeria prepares new plan to revive economy, reduce dependence on oil
ALGIERS (Reuters) - OPEC member Algeria, facing financial pressure after a fall in energy revenue, will launch a new economic plan to reduce reliance on oil and gas and give the private sector a great...
Jul 07, 2020
Hospital led by biotech billionaire Soon-Shiong approved for PPP aid
By Chad Terhune LOS ANGELES (Reuters) - A Pennsylvania hospital led by biotech billionaire Patrick Soon-Shiong won approval for up to $5 million in federal aid for small businesses under a coronavirus...
Jul 07, 2020
Disney says it will go ahead with Walt Disney World reopening on Saturday
(Reuters) - Walt Disney Co will stick to its plans to reopen its Walt Disney World theme parks in Orlando, Florida, to a limited number of guests on Saturday, the company said in a statement on Tuesda...
Jul 07, 2020
