Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. House Democrats unveil $1.5 trillion infrastructure plan
By Richard Cowan WASHINGTON (Reuters) - U.S. House of Representatives Democrats on Thursday unveiled a $1.5 trillion infrastructure bill that they will seek to pass in coming weeks, arguing it has bee...
Jun 18, 2020
IMF official says hopeful Argentina, creditors can reach agreement soon
WASHINGTON (Reuters) - The International Monetary Fund is not party to discussions between Argentina and its creditors, but believes it is in the interest of both sides to reach an agreement soon in t...
Jun 18, 2020
Watchdogs, White House at odds over scrutiny of pandemic aid
By Chris Prentice WASHINGTON(Reuters) - When Congress approved $2 trillion pandemic aid in March, many Democratic and Republican lawmakers agreed on safeguards against fraud and abuse to ensure that c...
Jun 18, 2020
Brazil set to test lower bound on rates, despite misgivings
By Jamie McGeever BRASILIA (Reuters) - Brazil's central bank will likely be forced to put aside its misgivings and cut interest rates much further, testing the "lower bound" of rates as it battles aga...
Jun 18, 2020
Fed’s Bullard says U.S. economy not out of the woods yet
NEW YORK (Reuters) - St. Louis Federal Reserve bank President James Bullard said on Thursday that he is hopeful the worst of the economic crisis caused by the coronavirus pandemic may have passed in A...
Jun 18, 2020
Canada’s Co-op Refinery reaches tentative deal with Unifor to end labor dispute
(Reuters) - Co-op Refinery Complex (CRC), western Canada's third-largest oil refinery, said on Thursday it reached a tentative deal with the country's largest private sector union, potentially ending ...
Jun 18, 2020
Hertz seeks bankruptcy loan after suspending stock sale: WSJ
(Reuters) - Hertz Global Holdings Inc is in talks for a bankruptcy loan of up to $1 billion to fund its business reorganization after suspending its plan to sell new shares, the Wall Street Journal re...
Jun 18, 2020
Lufthansa investor Thiele seeks talks with German government: Handelsblatt
FRANKFURT (Reuters) - Lufthansa's biggest shareholder, German billionaire Heinz Hermann Thiele, has reached out to Berlin politicians for talks, Handelsblatt said, the latest step in a standoff over t...
Jun 18, 2020
Tesla wants to start building a new U.S. vehicle plant this summer
By Joseph White DETROIT (Reuters) - Electric vehicle maker Tesla Inc wants to start building a new and large vehicle assembly plant in the southwestern United States as early as the third quarter of t...
Jun 18, 2020
Fed’s Mester says it could take two years for economy to return to pre-Covid levels
NEW YORK (Reuters) - It could take a year or two for the U.S. economy to return to levels seen before the pandemic, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday. Mester sai...
Jun 18, 2020
