Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Buffett likely to finally address pandemic at Berkshire Hathaway meeting
By Jonathan Stempel (Reuters) - Berkshire Hathaway Inc's annual meeting will be nothing like the extravaganzas of years past, but will give Warren Buffett a chance to show how resilient his cash-rich ...
Apr 30, 2020
Your unemployment questions, answered
By Beatrix Lockwood NEW YORK (Reuters) - U.S. jobless claims have exceeded 30 million since the coronavirus outbreak hit the country, wiping out a decade of job gains and sending many Americans scramb...
Apr 30, 2020
Only 20 U.S. defense contractors consider $17 billion COVID-19 loan pool
By Mike Stone WASHINGTON (Reuters) - Fewer than 20 companies are considering applying for $17 billion worth of loans earmarked as relief funds for Pentagon suppliers hit by the coronavirus pandemic, a...
Apr 30, 2020
U.S. consumer advocates urge close scrutiny of Google plan to buy Fitbit
WASHINGTON (Reuters) - The Justice Department should carefully scrutinize Alphabet Inc's plan to buy Fitbit because the fitness tracker company is a source of nascent competition for Google, which is ...
Apr 30, 2020
LATAM Airlines sees long, slow recovery from coronavirus, defers investments
By Fabian Cambero SANTIAGO (Reuters) - LATAM Airlines, Latin America's largest, predicts a longer and slower recovery than expected following the coronavirus pandemic, forcing it to defer much of its ...
Apr 30, 2020
Defaults among fragile emerging market firms set to rise: Moody’s
LONDON (Reuters) - Defaults by weaker emerging market companies will rise in 2020 and 2021 as the effect of the COVID-19 pandemic hampers business activity, Moody's forecast on Thursday. The ratings a...
Apr 30, 2020
Deutsche Bank gets new Asia head and board member with CEO advisor
FRANKFURT (Reuters) - A key adviser to Deutsche Bank Chief Executive Christian Sewing will join the management board and assume the helm of the lender's business in Asia, the bank said on Thursday. Al...
Apr 30, 2020
Croatia hopes for 30% of annual tourism revenues despite coronavirus
By Igor Ilic ZAGREB (Reuters) - Croatia hopes to earn nearly a third of its annual tourism revenues this year despite the coronavirus pandemic, Tourism Minister Gari Cappelli said on Thursday. The tou...
Apr 30, 2020
British Airways plans to lay off a quarter of pilots: letter
PARIS (Reuters) - British Airways is seeking to lay off a quarter of its pilots as it slashes costs to weather the coronavirus crisis, according to a letter sent to their union and seen by Reuters. BA...
Apr 30, 2020
Lebanese economic rescue plan based on dollar exchange rate of 3,500 pounds: source
BEIRUT (Reuters) - Lebanon's economic rescue plan passed on Thursday is based on an exchange rate of 3,500 pounds to the dollar, an official source told Reuters. Lebanon has maintained a dollar peg of...
Apr 30, 2020
