Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Airbus deliveries plunge 80% in April
PARIS (Reuters) - Airbus deliveries tumbled 80% to just 14 aircraft in April, compared with a year earlier, as operations were hit by the coronavirus crisis, company data showed on Thursday. The hando...
May 07, 2020
How Deere, Caterpillar kept plants running during the coronavirus outbreak
By Rajesh Kumar Singh CHICAGO (Reuters) - While Detroit automakers' unionized auto factories have been idled by the coronavirus pandemic, farm and construction equipment makers Deere and Caterpillar h...
May 07, 2020
Virgin Atlantic job cuts will help win new investment -internal memo
LONDON (Reuters) - Virgin Atlantic's planned 3,150 job cuts will show the airline is taking "self-help" measures and help it to win financial support from either the British government or a private se...
May 07, 2020
Exclusive: Norwegian Cruise Line has enough cash for 18 months of no revenue – CEO
NEW YORK (Reuters) - Norwegian Cruise Line Holdings Ltd's $3.5 billion in cash on hand will be enough to bankroll the company for "at least 18 months" without any new revenue, Chief Executive Frank De...
May 07, 2020
Exclusive: Michigan governor to announce manufacturing can reopen in state – sources
By Ben Klayman and David Shepardson (Reuters) - Michigan Governor Gretchen Whitmer on Thursday is expected to announce that the state's factories can reopen soon, removing one of the last major obstac...
May 07, 2020
Fed’s Kashkari sees slow, rocky recovery ahead
SAN FRANCISCO (Reuters) - A quick recovery from the coronavirus crisis is unlikely, Minneapolis Federal Reserve Bank President Neel Kashkari said on Thursday, warning that some businesses will be able...
May 07, 2020
No-frills tycoon Franke says low air fares no panacea for COVID-19 crisis
By Tracy Rucinski (Reuters) - Budget airline backer Bill Franke, who pioneered rock-bottom fares topped up by optional charges, says slashing prices alone will not be enough to get people flying again...
May 07, 2020
U.S. will not require automakers to recall 56 million Takata air bag inflators
WASHINGTON (Reuters) - The National Highway Traffic Safety Administration (NHTSA) said Thursday it will not require automakers to require 56 million additional Takata air bag inflators, saying the dev...
May 07, 2020
Warner Music forges ahead with market debut despite COVID-19 gloom
(Reuters) - Warner Music Group said on Thursday it received an approval to list its shares on the Nasdaq stock exchange in what could be a rare initial public offering after the COVID-19 pandemic forc...
May 07, 2020
U.S. employers must try to accommodate workers vulnerable to coronavirus: agency
By Daniel Wiessner (Reuters) - The U.S. agency that enforces laws prohibiting disability discrimination said on Thursday that employers must try to accommodate workers with medical conditions that mak...
May 07, 2020
