Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
A month into reopening, no clear turn for U.S. economy or pandemic
By Howard Schneider WASHINGTON (Reuters) - A month into efforts to broadly reopen the U.S. economy there is little clarity either on the pace and durability of the recovery, or on the ability to convi...
Jun 11, 2020
Yum sues Grubhub for violating delivery deal
(Reuters) - Yum Brands Inc filed a lawsuit against Grubhub Inc on Thursday for allegedly violating terms of its food delivery partnership, a day after Europe's Just Eat Takeaway.com NV agreed to buy t...
Jun 11, 2020
U.S. Fed’s ‘long road’ lays bare challenge to new Bank of Canada governor
By Julie Gordon OTTAWA (Reuters) - New Bank of Canada Governor Tiff Macklem, already facing the double whammy of the coronavirus pandemic and slumping oil prices, must now also contend with the Federa...
Jun 11, 2020
Google to ban targeting housing ads based on gender, age
By Paresh Dave OAKLAND, Calif. (Reuters) - Alphabet Inc's Google said on Thursday it would stop allowing housing, employment and credit ads to be targeted to users based on their postal code, gender, ...
Jun 11, 2020
India sets out proposals for tighter governance at banks
NEW DELHI (Reuters) - India's central bank proposed on Thursday stricter governance rules for commercial banks, following a series of financial and governance problems at lenders in recent months. The...
Jun 11, 2020
U.S. Fed buys $28.1 billion of mortgage bonds, sells $5.6 billion
NEW YORK, June 11 (Reuters) - The Federal Reserve bought $28.1 billion of agency mortgage-backed securities in the week from Jun. 4 to Jun. 10, compared with $22.485 billion purchased the previous wee...
Jun 11, 2020
‘Health, then production’: Unions ramp up pressure on Chile copper miner Codelco
By Fabian Cambero SANTIAGO (Reuters) - Unionized mine workers in Chile, the worlds top copper producer, warned on Thursday that health should take precedence over output, one day after state-run Codel...
Jun 11, 2020
Comcast, media mogul Byron Allen reach carriage deal
(Reuters) - Comcast Corp said on Thursday it reached a content carriage deal with comedian-turned media mogul Byron Allen, who withdrew a lawsuit about racial bias against channels owned by African Am...
Jun 11, 2020
Amazon may face EU antitrust charges over merchant data in coming weeks: source
By Foo Yun Chee BRUSSELS (Reuters) - Amazon may face EU antitrust charges in the coming weeks over its use of data from merchants with whom it competes on its platform, a person familiar with the matt...
Jun 11, 2020
European shares run red on Fed’s reality check, second-wave virus fears
By Sruthi Shankar and Ambar Warrick (Reuters) - European shares suffered their worst day in more than 11 weeks on Thursday after a sobering economic outlook from the U.S. Federal Reserve and worries o...
Jun 11, 2020
