Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Canada’s annual inflation rate goes negative for first time since 2009
OTTAWA (Reuters) - Canada's annual inflation rate fell by 0.2% in April, the first time it has hit negative territory since 2009, as the coronavirus pandemic slashed energy prices, Statistics Canada s...
May 20, 2020
Luckin Coffee shares crash on delisting risk
(Reuters) - Shares in Luckin Coffee Inc slumped almost 40% to a record low in premarket trade on Wednesday, as they resumed trading after more than a month's halt and a day after the Chinese coffee ch...
May 20, 2020
German court ends diesel case against Volkswagen CEO, Chairman
BERLIN (Reuters) - A German court said on Wednesday it was ending proceedings against the chairman and chief executive of Volkswagen AG after the carmaker agreed to pay a fine of 9 million euros ($9.9...
May 20, 2020
U.S. Senator Rubio: Consensus seen to give companies more time for PPP loans
WASHINGTON (Reuters) - There appears to be agreement in Washington to give companies more time to utilize their coronavirus aid under the Paycheck Protection Program, the head of the U.S. Senate's sma...
May 20, 2020
Britain borrows at negative interest rate for first time
By David Milliken LONDON (Reuters) - Britain sold a government bond with a negative yield for the first time on Wednesday, meaning the state is effectively being rewarded to borrow as investors agree ...
May 20, 2020
JetBlue, United Airlines take more steps to counter coronavirus spread
By Tracy Rucinski (Reuters) - JetBlue Airways Corp and United Airlines Holdings Inc announced fresh safety measures on Wednesday aimed at restoring confidence in travel that has been crushed by the co...
May 20, 2020
U.S. borrowers in hardship jumped in April: study
By Imani Moise (Reuters) - The number of U.S. borrowers seeking help on mortgages, credit cards and auto loans jumped between March and April in the economic fallout from the coronavirus pandemic, a T...
May 20, 2020
U.S. bank regulator finalizes new community lending rule
By Pete Schroeder WASHINGTON (Reuters) - A U.S. banking regulator announced on Wednesday it had finalized work on a long-running effort to change community lending standards for banks. The new rule fr...
May 20, 2020
Harley plans to ship fewer models to U.S. dealers: WSJ
(Reuters) - Harley-Davidson Inc is reopening its factories this week at lower production rates and sending dealers a narrower range of motorcycles, the Wall Street Journal reported on Wednesday. The U...
May 20, 2020
Delta Air Lines adding flights in June, July: CEO
WASHINGTON (Reuters) - Delta Air Lines Inc is likely to increase capacity this summer by adding more flights in June and July, its chief executive officer told Fox Business Network in an interview on ...
May 20, 2020
