Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
‘The worst may be behind us’: U.S. ethanol industry says inching back from collapse
By Stephanie Kelly NEW YORK (Reuters) - The U.S. ethanol industry is showing some signs of recovery as government officials ease stay-at-home orders that depressed fuel demand, while a vote Friday in ...
May 15, 2020
Coronavirus boosts U.S. layoffs; job openings fall
By Lucia Mutikani WASHINGTON (Reuters) - Layoffs in the United States jumped to a record high in March, while the number of people voluntarily quitting their jobs dropped to a 4-1/2-year low as the no...
May 15, 2020
Vice Media lays off 155 employees as coronavirus pandemic wipes out ad revenue
By Arriana McLymore NEW YORK (Reuters) - Vice Media Group will lay off 155 employees as the coronavirus pandemic has put a dent in advertising revenue, according to an internal email sent to employees...
May 15, 2020
Exclusive: United Airlines only needs 3,000 of 25,000 flight attendants in June – sources
By Tracy Rucinski (Reuters) - United Airlines Holdings Inc has told staff that it only has work for about 3,000 of its about 25,000 flight attendants in June, sources said, and warned of job losses if...
May 15, 2020
U.S. consumer sentiment edges up in May but worries about social isolation grow
(Reuters) - U.S. consumer sentiment rose unexpectedly in early May after a record plunge a month earlier as emergency assistance payments improved household finances hurt by mass layoffs from the coro...
May 15, 2020
Canada to extend wage subsidy program until end-August: PM Trudeau
OTTAWA (Reuters) - Canada will extend an emergency wage subsidy program for another three months to the end of August to help firms retain employees during the coronavirus outbreak, Prime Minister Jus...
May 15, 2020
Shares in Wirecard fall sharply; traders cite concerns about Dubai business partner
FRANKFURT (Reuters) - Shares in Wirecard fell more than 13% to their lowest in more than two years on Friday, traders pointing to a tweet about a business partner based in Dubai liquidating as the rea...
May 15, 2020
White House’s Kudlow floats cutting U.S. corporate tax rate in half
WASHINGTON (Reuters) - White House economic adviser Larry Kudlow on Friday floated the idea of cutting the corporate tax rate in half for U.S. companies who bring their operations back from other coun...
May 15, 2020
SAA has spent $539 million since filing for bankruptcy protection: practitioners
CAPE TOWN (Reuters) - South African Airways (SAA) has spent just under 10 billion rand ($539.94 million) since it entered business rescue, a form of bankruptcy protection, Business Rescue practitioner...
May 15, 2020
U.S.-China trade deal not falling apart: White House adviser
WASHINGTON (Reuters) - The U.S.-China trade deal reached in January is absolutely not falling apart and the two countries are still working on trade, White House adviser Larry Kudlow said on Friday. K...
May 15, 2020
