Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Portugal extends contracts, housing tensions intensify during pandemic
By Victoria Waldersee and Catarina Demony LISBON (Reuters) - In a move aimed at ensuring people had a roof over their heads for the duration of the coronavirus outbreak, Portugal's government on Thurs...
May 07, 2020
Macy’s delays first-quarter results to July 1, citing COVID-19 disruption
(Reuters) - Department store chain Macy's Inc on Thursday delayed its first-quarter earnings report to July 1, citing significant business disruption due to the COVID-19 pandemic, which has also led t...
May 07, 2020
Uber sees encouraging signs in reopening markets, posts $2.9 billion loss
By Akanksha Rana and Tina Bellon (Reuters) - Uber Technologies Inc said on Thursday it saw encouraging signs in markets hit by the coronavirus epidemic as it posted a 14% rise in revenue growth, suppo...
May 07, 2020
Fed’s Harker sees second U.S. recession in 2021 if too quick to reopen
SAN FRANCISCO (Reuters) - The U.S. economy, already headed for a "brutally painful" second quarter but likely a return to growth in the second half of the year, could dive right back into recession ne...
May 07, 2020
Free beer! German brewery gives away beverages it can’t sell
WILLINGEN, Germany (Reuters) - Unable to deliver to hotels and restaurants closed due to coronavirus restrictions, a German brewery on Thursday gave away some 2,600 litres (690 gallons) of beer. Rathe...
May 07, 2020
Latvia approves investment in airBaltic amid virus crisis
RIGA (Reuters) - Latvia's government on Thursday gave the go-ahead to an investment of up to 250 million euros ($271 million) in airBaltic to help the airline get through the COVID-19 pandemic. The in...
May 07, 2020
Fed’s Barkin: Negative interest rates not suitable for United States
WASHINGTON (Reuters) - There is nothing to suggest that negative interest rates would be a suitable option for the United States, Richmond Federal Reserve president Thomas Barkin said on Thursday. "I ...
May 07, 2020
U.S. stock funds shed $10.8 million in week: Lipper
(Reuters) - U.S.-based stock funds posted $10.8 billion in outflows in the week ended ON Wednesday, according to Lipper. U.S. taxable bond funds attracted $11.9 billion, the fourth straight weekly inf...
May 07, 2020
White House considering economic stimulus actions it can take without legislation: NBC
WASHINGTON (Reuters) - The White House is considering measures it can take to stimulate the U.S. economy that would not require legislation, including an additional delay in the tax filing deadline an...
May 07, 2020
JPMorgan Chase to staff: still no timeline to return to offices: memo
NEW YORK (Reuters) - JPMorgan Chase & Co told staff on Thursday that it still does not have a set timeline to return staff to working at offices, according to an internal email seen by Reuters. When s...
May 07, 2020
