Category Archives: (Midwest Communications, Inc. Syndication Interface) Business News (Master Feed)
Germany plans to examine non-EU purchases of stakes in its healthcare firms
BERLIN (Reuters) - Germany is preparing a change to its foreign trade regulations that would require the government to be informed of purchases by countries outside the European Union of stakes in key...
Apr 28, 2020
Remote work revenue could help Microsoft offset coronavirus impacts, analysts say
By Stephen Nellis (Reuters) - When Microsoft Corp reports earnings on Wednesday, analysts expect some areas of its business to take a hit from the novel coronavirus pandemic, with lower-than-expected ...
Apr 28, 2020
U.S. store visits jump to March levels as some states ease restrictions
By Howard Schneider WASHINGTON (Reuters) - Visits to U.S. retail stores ticked up last week as some states began lifting restrictions imposed to fight the coronavirus pandemic, according to cellphone ...
Apr 28, 2020
Millions of Americans locked out of unemployment system, survey finds
By Andy Sullivan WASHINGTON (Reuters) - Millions of Americans who have been thrown out of work during the coronavirus pandemic have been unable to register for unemployment benefits since the U.S. eco...
Apr 28, 2020
Merck profit rises, cuts 2020 forecast over COVID-19 uncertainty
(Reuters) - Merck & Co Inc on Tuesday posted a 10.4% rise in first-quarter profit, helped by strong sales of cancer therapy Keytruda, but the drugmaker lowered its 2020 profit forecast due to uncertai...
Apr 28, 2020
China discounts, cheaper iPhone to cushion Apple from virus blow to demand
By Josh Horwitz SHANGHAI (Reuters) - Apple Inc's discounts on the iPhone 11 in China and the release of a new low-price SE model have put the company in a better position than rivals to weather a coro...
Apr 28, 2020
Harley-Davidson quarterly profit falls about 45%
(Reuters) - Harley-Davidson Inc reported a drop of about 45% in quarterly profit on Tuesday as motorcycle sales took a hit from global lockdowns due to the coronavirus pandemic. Harley's net income fe...
Apr 28, 2020
SoftBank may be winner as BOJ expands corporate debt buying
By Hideyuki Sano TOKYO (Reuters) - Masayoshi Son's SoftBank Group could be the biggest beneficiary of the Bank of Japan's plan to buy more corporate bonds as it expands stimulus to lend more support t...
Apr 28, 2020
Futures jump with focus on earnings, easing lockdowns
By C Nivedita (Reuters) - U.S. stock index futures climbed higher on Tuesday ahead of the next round of quarterly earnings reports, with investors also keenly looking at the safety of reopening econom...
Apr 28, 2020
Lufthansa still considering protection from creditors: company source
FRANKFURT (Reuters) - The idea of German flagship carrier Lufthansa using a type of protection from creditors is not yet off the table, a source at the airline said on Tuesday. The source added that L...
Apr 28, 2020
