Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Better three months late than never for Fed ‘Main Street’ loans, Powell says
By Jonnelle Marte (Reuters) - It is not too late for small and medium-sized U.S. businesses to benefit from the Federal Reserve's "Main Street" lending program, Chair Jerome Powell said on Wednesday, ...
Jun 10, 2020
U.S. Chamber joins groups seeking more coronavirus aid for childcare providers
WASHINGTON (Reuters) - The U.S. Chamber of Commerce on Wednesday joined a chorus of groups urging Congress to aid childcare providers who face higher costs and decreased capacity as businesses start r...
Jun 10, 2020
Boeing supplier Spirit announces layoffs due to virus, 737 MAX impacts
SEATTLE (Reuters) - Boeing supplier Spirit AeroSystems Holdings Inc announced on Wednesday a 21-day layoff for staff doing production and support work for Boeing's 737 program. Spirit said the tempora...
Jun 10, 2020
Tyson Foods says cooperating with DoJ in chicken price-fixing probe
(Reuters) - Tyson Foods Inc said on Wednesday it was cooperating with the U.S. Department of Justice on a price-fixing investigation in the poultry industry, under a program that could protect the mea...
Jun 10, 2020
UK business groups urge government to open economy to trade partners
By Kanishka Singh (Reuters) - More than 20 British business groups have asked the government to relax its coronavirus quarantine rules and restrictions and start opening up the economy to trade partne...
Jun 10, 2020
Nikola in talks with automakers for Badger pickup truck production: founder
By Ankit Ajmera (Reuters) - Nikola Corp , a maker of hydrogen-fueled vehicles, is in the process of picking a partner to produce its Badger pickup truck, while also aiming to start deliveries of its e...
Jun 10, 2020
Lufthansa says up to 26,000 employees at risk of losing jobs
BERLIN (Reuters) - Lufthansa admitted on Wednesday that the positions of up to 26,000 employees are surplus to requirements, suggesting many more jobs will be cut at the German carrier than a figure o...
Jun 10, 2020
Ford recalls 2.15 million U.S. vehicles for potentially faulty door latches
WASHINGTON (Reuters) - Ford Motor Co said on Wednesday it will recall 2.15 million U.S. vehicles with potentially faulty door latches. The second largest U.S. automaker said the recall covers many 201...
Jun 10, 2020
Hedge fund Sculptor picks Levin as CEO after stalled succession plan
By Svea Herbst-Bayliss BOSTON (Reuters) - Sculptor Capital Management said on Wednesday that Chief Investment Officer James Levin will become chief executive officer next year, nearly four years after...
Jun 10, 2020
New York charges Endo with insurance fraud over opioid claims
NEW YORK (Reuters) - New York state filed civil charges on Wednesday accusing Endo International Plc of insurance fraud for misrepresenting the safety and efficacy of its opioid drugs. Governor Andrew...
Jun 10, 2020
