Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)

BRASILIA (Reuters) - Brazil's economy lost a net 331,901 formal jobs in May, the Economy Ministry said on Monday, another month of heavy job losses due to the COVID-19 crisis but less than half the re...

By Elizabeth Culliford (Reuters) - Social media site Reddit said it had shut down r/The_Donald, a forum for supporters of U.S. President Donald Trump, on Monday as it announced an overhaul of its cont...

(Reuters) - The Federal Reserve announced that the Primary Market Corporate Credit Facility, one of several new programs launched to stabilize financial markets in the wake of the coronavirus pandemic...

(Reuters) - It is "far too early" to judge the recovery amid the reopening of the world's largest economy after coronavirus shutdowns, San Francisco Federal Reserve President Mary Daly on Monday told ...

BERLIN (Reuters) - German Chancellor Angela Merkel said on Monday she hopes that European Union leaders can agree on the bloc's next budget and a recovery fund at a summit scheduled for July 17/18. "M...

By Rachit Vats and Ankit Ajmera (Reuters) - In the midst of a raging pandemic, Belal Bilto, 26, a sales executive and a Manhattan resident bought a midsize pickup Jeep Gladiator this month for just ov...

LONDON (Reuters) - Mike Ashley's Frasers Group, formerly Sports Direct, said on Monday it has raised its stake in German fashion house Hugo Boss to 10.1% through stocks and derivatives, part of his dr...

MILAN (Reuters) - Shareholders in Banco Popolare di Bari approved a plan on Monday to transform the Italian cooperative lender into a joint stock company and raise almost one billion euros ($1.12 bill...

SEATTLE/WASHINGTON (Reuters) - A Boeing Co 737 MAX is set to take off on Monday around 1 p.m. EDT (10 a.m. PDT) from a Seattle airport on the first day of certification flight testing with U.S. Federa...

By John O'Donnell and Hans Seidenstuecker FRANKFURT (Reuters) - German regulators twice looked into tightening the supervision of collapsed payments firm Wirecard and discussed it with the German and ...