Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
T-Mobile launches stock offering to facilitate SoftBank’s stake sale
(Reuters) - T-Mobile on Monday launched a stock offering to facilitate SoftBank Group Corp's plan to sell a portion of its stake in the telecom operator. For every share T-Mobile sells in the offering...
Jun 22, 2020
U.S. fights bail bid by men accused of helping former Nissan boss escape
By Nate Raymond BOSTON (Reuters) - A U.S. prosecutor on Monday urged a judge to keep a former Green Beret and his son locked up as Japan prepares to formally seek their extradition on charges that the...
Jun 22, 2020
Bayer wins court ruling restricting California’s Roundup warning: Bloomberg News
(Reuters) - Bayer AG won a court ruling blocking California from requiring the German-based company to tell consumers that a chemical in its Roundup herbicide is known to cause cancer, Bloomberg News ...
Jun 22, 2020
Air Canada raises additional C$1.23 billion
(Reuters) - Air Canada said on Monday it had closed two additional financing deals for net proceeds of C$1.23 billion ($909 million), as it shores up funds to meet expenses amid the coronavirus crisis...
Jun 22, 2020
Ackman sees economy beginning to recover in 2020, true confidence will take time
By Svea Herbst-Bayliss BOSTON (Reuters) - Billionaire investor William Ackman, whose hedge fund survived a historic stock market sell-off with double-digit gains, said it will take until the middle of...
Jun 22, 2020
Kynikos Associates closed Hertz short bet right before bankruptcy: Chanos
By Saqib Iqbal Ahmed NEW YORK (Reuters) - Jim Chanos' Kynikos Associates covered its long-held short position in Hertz Global Holdings Inc right before the company went bankrupt, Chanos said at the Bl...
Jun 22, 2020
‘Yield curve control’ meant less market intervention in Japan: NY Fed
By Howard Schneider (Reuters) - The central banking strategy known as "yield curve control" has helped the Bank of Japan set long-term interest rates with less need to intervene in markets, though it ...
Jun 22, 2020
Trump to suspend H-1B work visas and others through end of year
By Ted Hesson WASHINGTON (Reuters) - U.S. President Donald Trump will expand an existing visa ban to include certain non-immigrant work visas as part of a move to protect U.S. workers amid the economi...
Jun 22, 2020
Egypt seen keeping rates on hold even as inflation dips: Reuters poll
CAIRO (Reuters) - The Central Bank of Egypt (CBE) is expected to leave its main interest rates steady this week despite a decline in inflation in May and continuing economic pain caused by the coronav...
Jun 22, 2020
Canada needs targeted response for future COVID-19 waves to avoid large setback: BoC
By Julie Gordon and Kelsey Johnson OTTAWA (Reuters) - A quick response and targeted containment for future waves of COVID-19 will be needed to prevent "a very large setback" caused by another round of...
Jun 22, 2020
