Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
U.S. trade body votes to lock in high duties on Chinese tile imports
WASHINGTON (Reuters) - The U.S. International Trade Commission on Thursday determined that imports of Chinese ceramic tile are subsidized and sold at less than fair value, materially harming U.S. prod...
Apr 30, 2020
Carmaker PSA’s Slovak plant extends outage due to coronavirus
PRAGUE (Reuters) - French carmaker PSA's Slovak plant will extend its outage due to complications from the coronavirus outbreak and not reopen next week, it said on its website on Thursday. PSA Slovak...
Apr 30, 2020
Stimulus tsunami rocks dollar but it’s not sinking yet
By Saikat Chatterjee and Saqib Iqbal Ahmed LONDON/NEW YORK (Reuters) - The dollar drought has turned into a flood, the Fed has cut interest rates to 0% and pumped $2 trillion into world markets, - but...
Apr 30, 2020
U.S. Fed buys $38.5 billion of mortgage bonds, sells none
NEW YORK, April 30 (Reuters) - The Federal Reserve bought $38.461 billion of agency mortgage-backed securities in the week from Apr. 23 to Apr. 29, compared with $59.909 billion purchased the previous...
Apr 30, 2020
Bank Hapoalim agrees to pay over $30 million for role in FIFA scandal: DOJ
WASHINGTON (Reuters) - Bank Hapoalim B.M. agreed to pay more than $30 million for its role in the money laundering conspiracy surrounding FIFA, the world governing body for soccer, the U.S. Department...
Apr 30, 2020
Embraer and Boeing’s $4.2 billion deal ruled out pandemic as pretext to cancel
By Marcelo Rochabrun SAO PAULO (Reuters) - Boeing Co's recently aborted $4.2 billion agreement to buy the commercial jet-making operations of Brazil's Embraer specifically forbade either party from ca...
Apr 30, 2020
U.S. not considering canceling debt held by China -Trump adviser
WASHINGTON (Reuters) - President Donald Trump's top economic adviser said on Thursday it was "unequivocally untrue" that the administration was considering cancelling some debt held by China as a way ...
Apr 30, 2020
Ford Motor steps up campaign to convince union workers to restart U.S. output
By Ben Klayman DETROIT (Reuters) - Ford Motor Co on Thursday outlined the safety measures it will institute to restart its most profitable U.S. plants amid the coronavirus pandemic, expanding on simil...
Apr 30, 2020
American Airlines sticking with jet delivery schedule: CEO
(Reuters) - American Airlines Group Inc is sticking with its aircraft delivery schedule and will reduce its fleet to closer match a sharp drop in travel demand due to the coronavirus through early jet...
Apr 30, 2020
Italy’s airport lobby says social distancing on planes not sustainable
MILAN (Reuters) - The Italian airport operators association, Assaeroporti, said on Thursday proposals to keep some seats empty on planes for social distancing would not be workable if only imposed by ...
Apr 30, 2020
