Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Telefonica, Liberty Global weigh combining UK units: Bloomberg News
(Reuters) - Spain's Telefonica SA and billionaire John Malone's Liberty Global Plc are exploring a combination of their UK operations, Bloomberg News reported on Friday. The companies are discussing a...
May 01, 2020
Auto suppliers warn Michigan on new delays in resuming production
By David Shepardson WASHINGTON (Reuters) - Major U.S. auto suppliers told Michigan Governor Gretchen Whitmer they are ready to restart production and raised alarm about new delays to resuming operatio...
May 01, 2020
JPMorgan Chase approved to process $15 billion in new PPP loans
NEW YORK (Reuters) - JPMorgan Chase & Co said on Friday that it received government approval to process roughly $15 billion in loans through the Small Business Administration's Paycheck Protection Pro...
May 01, 2020
McDonald’s to reopen 15 outlets in UK this month, fast food fans relieved
(Reuters) - McDonald's Corp said it would reopen 15 restaurants in the United Kingdom this month, only for delivery, leaving some fast food fans cheering. The company said it would announce the locati...
May 01, 2020
U.S. labor force may need propping up during recovery, Fed’s Barkin says
WASHINGTON (Reuters) - A likely slow U.S. economic recovery from the coronavirus crisis may be hampered by workers' inability to return to the job and the impact of social distancing and other new hea...
May 01, 2020
Tesla tumbles after tweet from Musk account saying stock too high
By Noel Randewich (Reuters) - Shares of Tesla Inc tumbled 10% on Friday following a tweet from Chief Executive Elon Musk's Twitter account that the electric car maker's recently high-flying stock is o...
May 01, 2020
Brazil central bank to cut rates again by 50 bps in May: Reuters poll
By Gabriel Burin BUENOS AIRES (Reuters) - Brazil's central bank will cut its benchmark interest rate by 50 basis points again on Wednesday to aid Latin America's No. 1 economy as it plunges into a rap...
May 01, 2020
Exclusive: Britain hires Morgan Stanley to advise on aviation rescue plan, sources say
By Clara Denina and Pamela Barbaglia LONDON (Reuters) - Britain has turned to Morgan Stanley for advice on a package of measures to keep its airlines in business during the coronavirus crisis, after w...
May 01, 2020
Norwegian Air bondholders reject debt conversion plan, but talks continue
OSLO (Reuters) - Some of Norwegian Air's bondholders have rejected a proposed debt-to-equity swap, the airline said on Friday, casting doubt on the plan seen as vital to help the indebted carrier surv...
May 01, 2020
U.S. airlines mandating facial coverings for all passengers
WASHINGTON (Reuters) - The largest U.S. airlines are moving rapidly to mandate facial coverings for all passengers, with Southwest Airlines Co and Alaska Airlines on Friday joining other major airline...
May 01, 2020
