Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed chief has no time to worry about U.S. debt during wartime
By Howard Schneider WASHINGTON (Reuters) - The U.S. government has a $3 trillion bulge of debt coming through the pipeline because of the coronavirus pandemic. It also has perhaps 30 million or more f...
May 13, 2020
Disney suspends new cruises through July 27 during coronavirus outbreak
By Helen Coster (Reuters) - Walt Disney Co announced on Wednesday it has suspended all new departures on its Disney Cruise Line through July 27 as the coronavirus outbreak continues. On its website, t...
May 13, 2020
Bank of America cuts Brazil GDP forecast to -7.7% from -3.5%
BRASILIA (Reuters) - Brazil's economy will shrink by 7.7% this year, according to new forecasts from economists at Bank of America, a sharp revision from their previous call of a 3.5% contraction and ...
May 13, 2020
US money market assets increased in latest week: iMoneyNet
NEW YORK, May 13 (Reuters) - U.S. money market fund assets increased by $26.28 billion to $4.716 trillion in the week ended May 12, the Money Fund Report said on Wednesday. Taxable money market fund a...
May 13, 2020
Uber to require drivers, riders to wear masks around the world
By Tina Bellon (Reuters) - Uber Technologies, Inc. on Wednesday said it will require drivers, delivery workers and riders globally to wear a mask as countries around the world begin easing restriction...
May 13, 2020
Italy finally approves economic stimulus package in virus fight
ROME (Reuters) - The Italian government has approved a long-delayed, 55-billion-euro ($59.6 billion) stimulus package aimed at helping firms and families overcome the coronavirus crisis, Prime Ministe...
May 13, 2020
Florida business lender accused of accounting fraud settles with SEC
By Lawrence Delevingne BOSTON (Reuters) - Miami-area direct lending firm TCA Fund Management Group Corp and its affiliates reached a settlement with U.S. securities regulators over allegations of frau...
May 13, 2020
Goldman Sachs’s CFO calls exposure to energy, hotels, airlines sectors manageable
NEW YORK (Reuters) - Goldman Sachs Chief Financial Officer Stephen Scherr said on a call with investors on Wednesday that the bank's lending to companies in the energy, hotel, gaming and airlines sect...
May 13, 2020
Collapse in consumption dragging down global economic outlook: IMF
By David Lawder and Andrea Shalal WASHINGTON (Reuters) - A collapse in consumption and other data point to a downward revision of the International Monetary Fund's already pessimistic outlook for the ...
May 13, 2020
Bank of England can help spread the cost of coronavirus to society: Bailey
LONDON (Reuters) - The Bank of England can help spread the cost of the coronavirus crisis to society over time, Governor Andrew Bailey told ITV's Peston show on Wednesday, stressing that the governmen...
May 13, 2020
