Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Fed still has tools to help economy, Daly says
SAN FRANCISCO (Reuters) - The Federal Reserve, which has lowered rates to zero, bought trillions of dollars of U.S. government debt and rolled out a range of lending programs to battle the effects of ...
May 07, 2020
UK watchdog aims for July court date on business interruption insurance: policyholder
By Carolyn Cohn and Kirstin Ridley LONDON (Reuters) - Britain's Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon as July, a member of ...
May 07, 2020
German lawmakers turn sights on Bundesbank to get to ECB
By Andreas Rinke and Paul Carrel BERLIN (Reuters) - German lawmakers are debating whether to require their national central bank, the Bundesbank, to report to them on European Central Bank policy afte...
May 07, 2020
Alphabet’s Sidewalk Labs pulls out of Toronto ‘smart city’ project
By Moira Warburton TORONTO (Reuters) - Alphabet's Sidewalk Labs has pulled out of its Toronto "smart city" project due to economic uncertainty, the subsidiary's chief executive officer said on Thursda...
May 07, 2020
California predicts $54.3 billion budget deficit due to coronavirus
By Sharon Bernstein SACRAMENTO, Calif. (Reuters) - California will face a budget deficit of $54.3 billion due to a huge drop in revenue combined with increased expenses linked to the coronavirus pande...
May 07, 2020
EU must go ‘back to the future’ of open borders after COVID-19, commissioner says
By Gabriela Baczynska BRUSSELS (Reuters) - The European Union must go "back to the future" of open borders once the coronavirus pandemic is brought under control, a senior EU official said on Thursday...
May 07, 2020
No sign Britain wants EU trade talks to succeed: EU trade chief
DUBLIN (Reuters) - There is no real sign that Britain is approaching trade talks with the European Union with a plan to succeed and it appears set to blame any post-Brexit fallout on the economic shoc...
May 07, 2020
Twilio shares surge 32% after results crush Wall Street estimates
By Supantha Mukherjee (Reuters) - Twilio Inc shares surged 32% to a record high after the cloud communication provider's quarterly results and forecast smashed Wall Street estimates on increased deman...
May 07, 2020
Wall Street bullish on ride-hailing firms on lower driver costs, recovery signs
By Anirban Sen and Supantha Mukherjee (Reuters) - Wall Street gave a resounding vote of confidence to ride-hailing stocks ahead of Uber's results on Thursday, after Lyft indicated a slow recovery in d...
May 07, 2020
Exclusive: Peru mines set to restart; to hit 80% production in a month, industry official says
By Marco Aquino LIMA (Reuters) - Peruvian miners are set to restart operations in coming days and ramp up to around 80% of normal production levels within a month, a senior official at the country's m...
May 07, 2020
