Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Aiming to thwart China, U.S. senator pushes rare earths funding bill
By Ernest Scheyder (Reuters) - U.S. Senator Ted Cruz introduced legislation on Tuesday to help revive the U.S. rare earths industry with tax breaks for mine developers and manufacturers who buy their ...
May 12, 2020
The U.S. needs more fiscal help to fight coronavirus, Fed officials say
By Ann Saphir (Reuters) - U.S. businesses and households are going to need more fiscal support to get through what will likely be a longer period of recovery from the coronavirus shutdown than initial...
May 12, 2020
Resurgent Wall Street disconnected from reality on the ground
By Noel Randewich (Reuters) - With the U.S. economy facing its potentially deepest economic decline in nearly a century, Wall Street is pulling further and further ahead from Main Street. Trillions of...
May 12, 2020
German economy ministry open to supporting Thyssenkrupp: paper
BERLIN (Reuters) - The German government's "protective umbrella" for businesses is open to struggling conglomerate Thyssenkrupp , which warned on Tuesday it faced a deep quarterly loss, the Rheinische...
May 12, 2020
U.S. lawmakers include biofuels aid in latest proposed relief bill
By Stephanie Kelly NEW YORK (Reuters) - U.S. lawmakers on Tuesday introduced a relief bill that would include aid to biofuel producers after demand for the fuel plummeted because of the coronavirus pa...
May 12, 2020
Fed Chair Powell, Gov. Brainard to host ‘Fed Listens’ event May 21
(Reuters) - Federal Reserve Chair Jerome Powell and Fed Governor Lael Brainard will host a virtual "Fed Listens" event to take stock of the economic effects of the coronavirus pandemic on May 21, the ...
May 12, 2020
Fed’s Mester says virus testing and treatments needed for economy to recover in 2nd half
(Reuters) - More progress needs to be made on testing and treatments to control the coronavirus outbreak before people can feel safe and the U.S. economy can begin to grow again in the second half of ...
May 12, 2020
Exclusive: U.S. airlines tell crews not to force passengers to wear masks
By Tracy Rucinski (Reuters) - The top three U.S. airlines have told their flight attendants not to force passengers to comply with a new policy requiring face coverings, just encourage them to do so, ...
May 12, 2020
UK finance ministry sees budget deficit hitting 337 billion pounds – Telegraph
LONDON (Reuters) - Britain's finance ministry fears government borrowing this year could hit a record 337 billion pounds due to the coronavirus, the Daily Telegraph newspaper reported late on Tuesday,...
May 12, 2020
KKR leads $43 million investment round in Slice pizza platform
By Chibuike Oguh (Reuters) - U.S. private equity firm KKR & Co Inc said on Tuesday it led an investor group making a $43 million investment in Slice, an online delivery platform for local pizza shops ...
May 12, 2020
