Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Delta, Frontier to require facial coverings on U.S. flights
WASHINGTON (Reuters) - Delta Air Lines Inc and Frontier Airlines said on Thursday they will require passengers to wear facial coverings on U.S. flights, joining JetBlue Airways Corp in taking the step...
Apr 30, 2020
IMF poised to approve over $500 million in pandemic aid for Ecuador
WASHINGTON (Reuters) - The International Monetary Fund's executive board is scheduled on Friday to consider Ecuador's request for $500 million in emergency financing to combat the coronavirus pandemic...
Apr 30, 2020
United Airlines posts quarterly loss, shores up $9.6 billion in liquidity
By Tracy Rucinski (Reuters) - United Airlines Holdings Inc on Thursday posted a first-quarter loss of $1.7 billion, including charges against investments in Latin America that have soured as the coron...
Apr 30, 2020
Apple reports higher sales as China reopens after coronavirus but gives no forecast
By Stephen Nellis (Reuters) - Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were "headed in the right direc...
Apr 30, 2020
Gilead aims to expand remdesivir output for COVID-19, posts flat 1st-quarter results
By Deena Beasley (Reuters) - Gilead Sciences Inc , maker of the experimental coronavirus drug remdesivir, on Thursday said it will work with international partners to expand production of the potentia...
Apr 30, 2020
Wells Fargo to stop granting home equity lines amid uncertainty: sources
By Imani Moise (Reuters) - Wells Fargo & Co , the largest U.S. mortgage lender, said on Thursday it will temporarily stop accepting applications for home equity loans given the economic uncertainty fu...
Apr 30, 2020
Amazon’s second-quarter forecast weighed down by $4 billion in COVID-19 related costs, shares fall
(Reuters) - Amazon.com Inc on Thursday warned that it could post a loss in the second quarter as it tacked on about $4 billion in costs related to the COVID-19 pandemic, sending its shares down 5% in ...
Apr 30, 2020
Amgen studying Otezla for coronavirus, first-quarter results beat Street estimates
By Deena Beasley (Reuters) - Amgen Inc on Thursday reported better-than-expected first-quarter results on Thursday and said it plans to study psoriasis drug Otezla as a potential treatment for COVID-1...
Apr 30, 2020
Congo’s economy expected to contract due to coronavirus: central bank
KINSHASA (Reuters) - Democratic Republic of Congo has cut its 2020 economic growth forecast to -1.9% and is expecting its economy to contract due to the negative impact of the coronavirus pandemic, th...
Apr 30, 2020
Fearing huge demand, UK baker Greggs postpones store reopenings
LONDON (Reuters) - British baker and takeaway food group Greggs - famed for its sausage rolls and vegan snacks - has changed its mind about reopening 20 shops next week, fearing crowds of customers co...
Apr 30, 2020
