Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fitch cuts Canada’s rating to below AAA due to pandemic
By Fergal Smith TORONTO (Reuters) - Fitch on Wednesday downgraded Canada's sovereign rating for the first time, to "AA+" from "AAA," citing deterioration of the country's public finances in 2020 due t...
Jun 24, 2020
Apple to shut seven retail stores in Houston again as COVID-19 cases jump
(Reuters) - Apple Inc is set to shut seven of its retail locations in Houston, Texas again due to an increase in the number of novel coronavirus cases in the United States, the company said Wednesday....
Jun 24, 2020
Exclusive: Trump administration labels Huawei, Hikvision as backed by Chinese military – document
WASHINGTON (Reuters) - The Trump administration has determined that top Chinese firms, including telecoms equipment giant Huawei Technologies [HWT.UL] and video surveillance company Hikvision , are ow...
Jun 24, 2020
U.S. business borrowing for equipment falls about 26% in May: ELFA
(Reuters) - U.S. companies' borrowings for capital investments fell about 26% in May from a year earlier, as businesses put spending on hold amid the coronavirus crisis, the Equipment Leasing and Fina...
Jun 24, 2020
Segway to stop production of iconic two-wheeler personal vehicle
(Reuters) - Segway Inc is ending production of its two-wheeled personal transporter vehicle that gained popularity among tourists and some police forces, but found itself embroiled in mishaps with fam...
Jun 24, 2020
Exclusive: Global tailings dam standards fall short of changes sought by civil society groups
By Jeff Lewis TORONTO (Reuters) - A sweeping global standard that sets out how the world's largest miners care for waste dams falls short of measures environmental and civil society groups say are nee...
Jun 24, 2020
Fiat Chrysler’s Dodge, Kia Motors top J.D. Power quality study
(Reuters) - Fiat Chrysler's Dodge and Kia Motors topped an initial quality study of new vehicles sold in the United States based on owner responses, industry consultant J.D. Power said on Wednesday. T...
Jun 24, 2020
Goldman Sachs CEO says economic recovery will be rapid at first then challenged
NEW YORK (Reuters) - Goldman Sachs Group Inc's Chief Executive David Solomon said on Wednesday that he expects the U.S. economic recovery to look V-shaped at first, but for that rapid growth to flatte...
Jun 24, 2020
CrossFit owner to sell company after quitting over Floyd tweet
(Reuters) - CrossFit Inc founder and former chief executive Greg Glassman has decided to sell the fitness company to Eric Roza, two weeks after stepping down amid widespread criticism for his tweet on...
Jun 24, 2020
U.S. senators question meatpackers over exports to China during pandemic
CHICAGO (Reuters) - Two prominent U.S. Senate Democrats are pressing America's top meatpackers to disclose by month's end how much pork, beef and chicken they have shipped to China during the coronavi...
Jun 24, 2020
