Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Ukraine expects first IMF loan tranche in week or two: presidential official
By Matthias Williams KIEV (Reuters) - Ukraine expects to receive the first loan tranche from a new International Monetary Fund deal within a week or two though the total size of the programme is still...
May 14, 2020
Mexico creates confusion over auto sector restart, points to June 1
By Anthony Esposito and Sharay Angulo MEXICO CITY (Reuters) - Mexico on Thursday appeared to push back by two weeks the date when automotive plants can return to work after the coronavirus lockdown, c...
May 14, 2020
House Democrat wants U.S. airlines to cap seating because of coronavirus
WASHINGTON (Reuters) - The chairman of the House Transportation and Infrastructure Committee on Thursday urged U.S. airlines to maintain at least one seat between all passengers and cap seating at 67%...
May 14, 2020
NYSE to partially reopen trading floor on May 26: WSJ
(Reuters) - The New York Stock Exchange (NYSE) trading floor will partially reopen on May 26, over two months after it closed down to control the spread of the coronavirus, NYSE President Stacey Cunni...
May 14, 2020
Fed corporate bond program starts with a fizzle as total assets near $7 trillion
(Reuters) - The Federal Reserve's stash of bonds and other assets grew to nearly $7 trillion this week, but several of its programs are seeing slackening demand from banks and investors and a much-ant...
May 14, 2020
Nike warns of fourth-quarter impact in North America business
(Reuters) - Nike Inc said on Thursday store closures in North America will hurt its retail and wholesales businesses in the fourth quarter. The company said only 5% of Nike-owned stores in the geograp...
May 14, 2020
Nearly 75% of U.S. small businesses sought help via government PPP
By Dan Burns (Reuters) - Three-quarters of U.S. small businesses sought assistance through the Payroll Protection Program in a sign of the widespread financial distress caused by the coronavirus pande...
May 14, 2020
GM ready to launch new large SUVs as plants restart
By Joseph White DETROIT (Reuters) - General Motors Co is ready to start building its new generation of large sport utility vehicles at a plant in Arlington, Texas, when it reopens North American assem...
May 14, 2020
Sudan plans cash transfer to poor after removal of fuel subsidies
By Khaled Abdelaziz KHARTOUM (Reuters) - Sudan's finance minister on Thursday laid out a system of money transfers to the poor in a step towards removing costly fuel subsidies to end an economic crisi...
May 14, 2020
Disney reaches deal with Walt Disney World unions on safeguards for returning to work
LOS ANGELES (Reuters) - Walt Disney Co and unions representing workers at Florida's Walt Disney World have reached an agreement on safeguards to protect employees from coronavirus, a union statement s...
May 14, 2020
