Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Hedge funds increased exposure to growth favorites in first quarter: Goldman
(Reuters) - Hedge funds concentrated their portfolios even further into growth stocks including Amazon.com Inc and Microsoft Corp in the first quarter of 2020 as the COVID-19 pandemic pummeled U.S. ma...
May 22, 2020
QE, lower-bound rates pose huge risks for Brazil, says central bank director
By Jamie McGeever BRASILIA (Reuters) - Brazil should steer clear of quantitative easing or cutting interest rates toward zero, a central bank director said on Friday, warning that both risked distorti...
May 22, 2020
Explainer: How ending Hong Kong’s ‘special status’ could affect U.S. companies
WASHINGTON (Reuters) - New Chinese national security restrictions imposed on Hong Kong could draw a U.S. revocation of the former British colony's "special status" under U.S. law, a move that would ha...
May 22, 2020
Unemployment rose in all 50 U.S. states in April: Labor Department’s BLS
(Reuters) - Unemployment rates rose and total employment fell in all 50 U.S. states and the District of Columbia in April as efforts to contain the coronavirus pandemic forced businesses to close acro...
May 22, 2020
Income crisis pushes Colombian cities, provinces to seek market funding
By Nelson Bocanegra BOGOTA (Reuters) - After two months of coronavirus quarantine, Colombian cities and towns are bracing for tax income to dry up and venturing into the relatively unfamiliar territor...
May 22, 2020
Exclusive: BP’s Looney halves top management roles in energy transition plan
By Ron Bousso LONDON (Reuters) - BP is more than halving the size of its senior management team as part of Chief Executive Bernard Looney's drive to make the 111-year-old oil company more nimble as it...
May 22, 2020
GM delays resumption of second shift at three North American truck plants: source
(Reuters) - General Motors Co is delaying the resumption of second shifts at truck assembly plants in Michigan, Indiana and Mexico because of a lack of parts from Mexico, a person briefed on the matte...
May 22, 2020
Take Five: Coronavirus vaccine race is on
(Reuters) - 1/VACCINE RACE U.S. President Donald Trump has put his faith in anti-malarial drug hydroxychloroquine to ward off COVID-19, but governments and investors are focusing on a vaccine. Without...
May 22, 2020
White House’s Hassett expects June turning point in U.S. employment: CNN
WASHINGTON (Reuters) - White House Adviser Kevin Hassett said on Friday he expects that May will mark another dismal month for U.S. employment, but June could mark a turning point for the massive jobl...
May 22, 2020
Canadian retail sales plunge record 10% in March, led by car sales
By Kelsey Johnson OTTAWA (Reuters) - Canadian retail sales plunged a record 10% in March as officials shuttered many non-essential businesses to slow the spread of the coronavirus pandemic, Statistics...
May 22, 2020
